Revolving door environment - Director Manulife Employee Review

2.0
6 Aug 2024
Recommend
CEO approval
Business outlook

Pros

1. Good Benefits: Decent benefits for its full-time employees. 2. Reputation: It used to be recognized as an outstanding workplace so they may be able to ride that wave for a couple more years. 3. Clear Salary Ranges: Salary ranges are transparent up to the director level, offering clarity on compensation.

Cons

1. Lack of work-life balance: Salaried employees are expected to work 45-60 hours per week, which makes it challenging for AVPs and Directors to retain high-quality staff. 2. High turnover: The company has a huge turnover rate, as seen in their job postings where the number of employees never seems to increase. This leads to a lack of historical knowledge and reinvented processes with every staff change. 3. Understaffing: Teams are consistently understaffed, leading to high stress and burnout. 4. Favouritism and backstabbing: Vice Presidents show favouritism, creating a toxic work environment. 5. Lack of support and empathy: The work environment is highly stressful, competitive, and lacks support. 6. Outdated offices: The office environment and equipment are outdated, contributing to a less appealing work atmosphere. 7. Avoidance of negative news: Vice Presidents only want to hear good news from their teams, causing teams to bury negative information. This leads to inaccurate metrics and misinformed decision-making. 8. Lack of professional development: They truly believe that LinkedIn is a legitimate place to get training.

Explore other reviews about Manulife

5.0
17 Apr 2026
Recommend
CEO approval
Business outlook

Pros

people, culture, transformation efforts, benefits

Cons

continous layoffs and job uncertainty,

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Manulife Response
4w
Thanks for sharing your experience. Your feedback matters to us.
4.0
24 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great benefits and nice communication across different teams. Access to perks of a large company (HR support, benefits, PTO). Very established firm in the marketplace.

Cons

Slightly below market salaries and little room to negotiate upward, unless you change job titles. Some managers and execs can be set in their ways or choose the de-risked option, even if there are better or more efficient ways of doing things.

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Manulife Response
4w
Appreciate your honesty. Your insights matter – thank you for helping us grow.
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