Layoffs created a company that no longer cares about their employees - Anonymous employee Canada Life Employee Review

1.0
17 Apr 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Salaries are decent. Benefits are not bad.

Cons

This is a company that never really cared all that much about their employees, and since their "transformation" care even less. Promotions are very hard to come by since they started hiring externally for all senior positions. If you are lucky enough to get a "promotion", you don't get a raise due to their policy of keeping people in "underfill" until you can convince your boss and your boss' boss and your boss' boss' boss that you actually deserve the promotion. Sometimes this can take years while you do the harder work but still get paid the same as your old job. Of course if you happen to be in the inner circle of an SVP then you can do no wrong. Their automated underwriting project was a disaster of epic proportions wasting tens of millions, but the people who were chiefly responsible for the debacle ended up getting promoted. In general expect to be micromanaged, overworked, and underappreciated. As the company continues to lose market share due to their many blunders, things are just going to get worse.

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5.0
23 May 2023
Recommend
CEO approval
Business outlook

Pros

Great life canada i liked

Cons

My dream canada working and enjoy the life

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Canada Life Response
3y
Thank you for our review! At the end of each work day, we want our employees to walk away feeling that the work they do matters, that they’re valued as individuals and they feel inspired to make a difference for each other, our customers and our community.
4.0
15 Jan 2024
Recommend
CEO approval
Business outlook

Pros

I liked the flexibility of schedule the role offered

Cons

Hard to start as an advisor unless you join a firm

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