Northwestern Mutual reviews

4.0

70% would recommend to a friend

(8,243 total reviews)

Timothy J. Gerend

94% approve of CEO

73% positive business outlook

Northwestern Mutual has an employee rating of 4.0 out of 5 stars, based on 8,243 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Northwestern Mutual employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.8 stars).

Reviews by job title

8K reviews
1.0
Jul 6, 2017

A lot of the negatives don't get revealed

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free lunches on campus at Home Office

Cons

Too many. I worked at home office and the company started over-promising huge technology changes that did not work or deliver, causing chaos to the departments that had to hear it straight from their clients - those that sell insurance. Work loads tripled, as budgeting tightened, all because more money goes to landscaping and shine new building downtown, than to employees who took on more work than teams could handle. Solutions were not offered to those teams, it was merely a "just tell them we're looking into it". Little support given in hard situations. I was a contractor, so after three years, no pay raises based on increased work loads or if you're doing well. Little benefits because of contractor status, also, it always seemed frowned upon to take time off even though you didn't have PTO, so it didn't cost them anything. There was also no room to grow and the likelihood of becoming a permanent employee was very difficult. Sometimes it takes contractors years to get in as permanent.

1.0
Oct 28, 2022
Recommend
CEO approval
Business Outlook

Pros

-- Competitive base pay -- Most non-leadership employees are really good people -- Generally good working conditions -- Great technologies -- Decent PTO

Cons

-- Toxic leadership practices -- Arbitrary and unfair employment practices -- Extremely limited growth opportunities -- Bonuses are based on popularity, not performance -- Extreme lack of transparency -- Reactive solutions -- Diversity and inclusion are a joke -- HR practices that teeter on the line of legality -- They won't pay accrued PTO -- Strong misogynistic and nepotistic environment -- Record profits mean record layoffs for women and minorities -- Health options are barely usable and getting worse every year

1.0
Sep 21, 2022
Recommend
CEO approval
Business Outlook

Pros

The overall work environment was inviting

Cons

I joined Northwestern Mutual completely new to the world of finance. I was told when I was first hired that there was a lot of grace and a learning curve, but after a few months they decided I was not learning fast enough. They let me go with the justification that I asked too many questions (so I could learn) and that I was not working on tasks quickly enough. The issue was that my bosses did not take the time to explain or train me, but rather passed off those tasks to other people, so paperwork took me longer because I had to teach myself how to fill it out. I was told to do work that I had never been trained on, or do paperwork that only a licensed Financial Representative was allowed to do, so of course I asked clarifying questions to avoid mistakes. It felt like they gave me an excuse as to why I was being let go, but I am glad to be out of that environment. No one should be made to feel stupid by asking questions and trying to get better. On top of that, I was never told what my benefits were, and when they let me go they said they would not be paying out my vacation time because they took too long to process my paperwork. It did not matter that I asked about benefits multiple times over those months, they did not care enough to get it done.

Viewing 103 - 105 of 8,243 Reviews

Glassdoor has 12,847 Northwestern Mutual reviews submitted anonymously by Northwestern Mutual employees. Read employee reviews and ratings on Glassdoor to decide if Northwestern Mutual is right for you.