LPL Financial is a financial organization of independent financial advisors in the United States. read more

EMPLOYEE PARTICIPANTS: 138

TOTAL RATINGS: 1143

CEO: Dan Arnold

LPL Financial Retention Score

LPL Financial is in the Top 30% of similar sized companies in its ability to retain quality employees. 67% of employees would not leave LPL Financial if they were offered a job for more money while 69% are excited to go to work each day. Overall, 50% of LPL Financial's employees feel the company is doing what it should to retain them while 50% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated 7 days ago.

Where This Score Ranks LPL Financial's Retention

TOP
30%
In the Top 30% of 2117 Similar Sized Companies on Comparably
TOP
40%
In the Top 40% of 272 Nearby Companies in Boston
1st
1st place versus 3 competitors rated on Comparably

Aug

Oct

Feb

Mar

Apr

B74 / 100

Jul

Who Ranks LPL Financial's Retention the Highest?

Department - IT 88/100

Tenure - Less than 1 Year 82/100

Ethnicity - Asian or Pacific Islander 79/100

Who Ranks LPL Financial's Retention the Lowest?

Tenure - 5 to 10 Years 63/100

Ethnicity - Caucasian 69/100

Ethnicity - African American/Black 69/100

LPL Financial Retention At a Glance

LPL Financial's Retention score is rated a "B" by 135 employees. The category helps understand LPL Financial's focus and commitment to retaining employees in their organization.

Over the past three months, LPL Financial's Retention score has remained steady at 74/100. LPL Financial ranks in 1st place versus 3 competitors which include Southside Bank, Charles Schwab, and Envestnet. The IT department is likely to stay at the company the longest.

LPL Financial's Retention score is in the Top 30% of 2117 similar sized companies (1,001-5,000 Employees) on Comparably. The Company ranks in the Top 40% compared to 272 nearby companies in Boston.

LPL Financial's Retention Trendline

LPL Financial74
Other Companies in Boston
Similar Size on Comparably

How LPL Financial's Retention Score is Calculated

Answer	Percent
Yes	69%
No	31%

Do you believe you're paid fairly?

Answer	Percent
Yes	84%
No	16%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	69%
No	31%

Are you typically excited about going to work each day?

Answer	Percent
Every week	38%
Once a month	13%
Once a quarter	11%
Once a year	25%
Never	13%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	80%
No	20%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	50%
No	50%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	50%
Secure Enough	40%
Neutral	10%
Insecure	0%
Very Insecure	0%

How secure do you feel your job is at your company?

Answer	Percent
Yes	50%
No	50%

Do you have a close friend at work?

Answer	Percent
Yes	75%
No	25%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	0%
Once a week	0%
Once a month	40%
Once a quarter	20%
Never	40%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	25%
No	75%

Do you feel burnt out at work?

Answer	Percent
Yes	89%
No	11%

Are you challenged at work?

Answer	Percent
Yes	67%
No	33%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	60%
No	40%

Are you proud to be a part of your company?

LPL Financial's Retention Rank Against Similar Sized Companies on Comparably

TOP

30%

LPL Financial ranks in the Top 30% of other companies on Comparably with 1,001-5,000 Employees for Retention Score.

LPL Financial's Retention Rank Against Other Companies Nearby

TOP

40%

LPL Financial ranks in the Top 40% of other companies in Boston for Retention Score.

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