Does Lenox Advisors pay their employees well?

According to anonymously submitted Glassdoor reviews, Lenox Advisors employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Lenox Advisors. This rating has improved by 5% over the last 12 months.

How satisfied are employees working at Lenox Advisors?

83% of Lenox Advisors employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lenox Advisors 4.1 out of 5 for work life balance, 4.4 for culture and values and 4.4 for career opportunities.

What are the top reviewed jobs at Lenox Advisors?

Relationship Manager (14) , Associate (12) , Client Service Associate (7) , Intern (5) , Administrative (3) , Administrative Assistant (3) , Financial Advisor (3) , Case Manager (2) , Managing Director (2) , Marketing Intern (2) , Senior Vice President (2)

What are the pros of working at Lenox Advisors according to real employee reviews?

"you could get ahead if you were friendly with the right people" ((in 14 reviews)); "Culture is great" ((in 10 reviews)); "Great leadership, with vision & integrity" ((in 4 reviews)); "Friendly coworkers that make the days bearable." ((in 3 reviews)); "Fellow colleagues are generally helpful." ((in 3 reviews))

What are the cons of working at Lenox Advisors according to real employee reviews?

"Bad pay" ((in 6 reviews)); "Compensation is low by industry standards" ((in 2 reviews))

What are the top reviewed Lenox Advisors locations?

New York , Los Angeles , Chicago , San Francisco , Washington , Walnut Creek , Stamford

Lenox Advisors reviews

4.3

83% would recommend to a friend

(114 total reviews)

Greg Large

97% approve of CEO

86% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

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Lenox Advisors has an employee rating of 4.3 out of 5 stars, based on 114 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Lenox Advisors employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

114 reviews

4.0

Jan 16, 2021

Great for new insurance agents

Relationship manager

Recommend

CEO approval

Business Outlook

Pros

Leads can be made available

Cons

Zero autonomy and heavily team oriented

Lenox Advisors Response

5y

Thank you for providing feedback. At Lenox, we pride ourselves on offering a collaborative environment where experienced team members assist and have a vested interest in your success. We are a team-based financial practice with a genuine interest in seeing everyone who joins the firm succeed.

3.0

Dec 29, 2020

Good Stepping Stone

Case manager

Recommend

CEO approval

Business Outlook

Pros

Able to get a lot of experience in a short amount of time. Very fast paced, so if that is your work style very good to gain insurance knowledge to help you move forward in your career but not at this company.

Cons

Very high school. No way to advance without "knowing" someone and also having to report to sub par managers who do not look out for their employees. High turnaround and expectations on year end is equivalent to working 14 hour days, 6 days a week.

Lenox Advisors Response

5y

Thank you for leaving a review. We strive to provide an equal opportunity for all of our employees to realize their potential to do the best work of their careers. We encourage honest feedback – both on what we’re doing well and areas where we need improvement – to continuously strengthen and evolve our culture in service to our employees. Our people are what make us Lenox and, we’re so appreciative of everyone’s daily contributions.

1.0

Dec 24, 2020

Steer clear of this place

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nothing to say but the payroll

Cons

New Business department is run by mean people. No raises or work life balance. Asked to be remote during a pandemic and now instead they make you forgo a raise for three years “cost of living” when everyone is told compensation is based on performance. People have left the department for good reasons. Management pretends to care but it’s all words and fake smiles. They take advantage of their employees fears during this pandemic to their advantage. They all play favorites, they lost several good people this year because of wrongful termination or resignation. They lost a great individual because they won’t listen and tried to hold people hostage.

Lenox Advisors Response

5y

Thank you for your feedback. For everyone’s safety we’ve been remote since March 2020 and will remain so until advised by our critical response team. Our performance process is a pay for performance model, we evaluate each employee based on their roles, responsibilities, location as per fair market guidelines. We always encourage our employees to speak with their supervisor about any issues, but if that isn't an option then employees should feel confident in talking with their HR Business Partner or email us at hr@lenoxadvisors.com.

Viewing 58 - 60 of 114 Reviews

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Ratings by demographic groups

Reviews by job title

Great for new insurance agents

Good Stepping Stone

Steer clear of this place

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