Vantaggi
Pay 170/month up to $10,200 for employees under management level for student loans, 37.5 work weeks, diversity in the office, cheers for charity, company match on 401k up to 4%, free gym, medical center on site and generally kind people. Educational subsidies are available too.
Svantaggi
It’s meant to be a 37.5 hour workweek but you’ll likely work more, maybe 50? You won’t get paid overtime if you’re salaried. There’s a culture of not taking sick days in this office, people come in to work, will vomit and should clearly be at home, then continue on with their day being contagious and spreading infections because they’re so afraid to take sick days. People boast about having worked between 8 to 30 years here without ever having taken a sick day, not something to be proud of, people should use their sick days but NYL has a policy in place that basically penalizes you if you take them. What else? For associates you get ten days of vacation, since you’re discouraged from taking your paltry 7 days of sick days, heaven forbid you ever get really sick or have a health condition, you will likely be screwed. There are no kitchens in the home office north building so no free coffee, there are tiny dirty mini fridges (like the ones you have in college) on floors but they’re never cleaned by the custodial staff so it’s probably rife with bacteria. Not to mention they’re so tiny that you can’t fit anything in, much less for a floor of 200 people? So you’re a fortune 66 company but you cannot afford free coffee, a kitchen, a proper fridge or a microwave? I think personally it’s a ploy to get people to go eat in the canteen downstairs which is supplied by Aramark. When you get hired NYL shamelessly tries to get new hires to buy life insurance or their products, really tacky. Everyone is 40+ and a lot of processes are slow. For example, people don’t know pivot tables, macros, v-lookups, so processes are manual and subject to error. They can’t retain younger talent because they don’t know how to automate or innovate. They still function as older companies do with people wearing suits to work. You have to buy the privilege of wearing jeans to work on Friday. Most companies nowadays are changing their work environment to attract and retain the next generation of talent. NYL utterly fails at this, what will they do when their 30+ year veterans retire? They make work from home a huge deal and cap it at 12 days a year when companies nowadays offer flexible working. Their paltry sick days that you aren’t allowed to use even when you are projectile vomiting is a huge con. The tiny amount of vacation days is a huge con. A fortune 66 company valued at 52 billion that doesn’t offer free coffee, have microwaves or fridges? Come on, don’t tell us you’ll clean the carpets to give your home office a refresh but not give your employees basic access to water and coffee or a microwave to warm up their lunches. There are CVPs that do nothing all day, come in at 930 and leave at 330, citing their suburban homes and lengthy commutes as a valid excuse for their crap attendance but managers and associates who come in at 8am and leave at 8pm, seems to be an uneven distribution of labor and accountability. And yes, dress code is horrible. Old fashioned dinosaur company, nobody makes employees wear clunky suits and charges them to wear jeans in Friday. Seriously? The real innovative companies like the tech industry or even competitive hedge funds let their employees dress comforably. Get with the program NYL, everything is obsolete, no wonder you can’t retain talent under 40 for more than 1 year. If you want to work in a tech role, this is where you come when you want to start a family and your career goes to die. This place does not innovate and you will not learn anything here. They force you to attend town halls and learning workshops but there’s a ton of bias in the allocation of work. For example, they’ll give an Indian person technical duties even if said person isn’t a tech guru, racial unconscious bias? Yes. This is the type of place you go to when you have kids and want a 37.5 work week and your career goes to die. If you’re older and don’t really care, please come here and wait it out for 20 years before you retire.