Millennials at New York Life Insurance Company | Comparably
Hi, we're New York Life, America's largest mutual life insurance company.* We provide insurance, investment and retirement solutions along with expert guidance to help you achieve lifelong financial well being. For all of life's milestones, we're here for you, your family, and your business. As a mutual company owned by our clients, we hold ourselves to the highest standards of transparency, objectivity, and integrity. We’ll always aim to provide up-to-date information about the operations and actions of our business—which, when you’re a participating policy owner, really is your business. read more
EMPLOYEE
PARTICIPANTS
181
TOTAL
RATINGS
1438
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Millennials at New York Life Insurance Company

Millennials at New York Life Insurance Company grade their overall culture an A+; also rating it 79/100, 1 points lower than New York Life Insurance Company's overall culture as rated by all 181 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at New York Life Insurance Company think their company is performing well in are: Outlook (A+), Office Culture (A+), and Environment, (A+).

Work Life Balance & Community Outreach at New York Life Insurance Company

Millennials working at New York Life Insurance Company and everywhere else are striving for a balanced life. At New York Life Insurance Company, the majority of employees are satisfied with their work life balance. The average New York Life Insurance Company employee receives 20-30 paid days off per year, and socializes with their peers once a week outside of work. See what employees at New York Life Insurance Company think about their work life balance.

AnswerPercent
Yes67%
No33%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days80%
15-20 days20%
10-15 days0%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly33%
Monthly34%
Sometimes33%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at New York Life Insurance Company

At New York Life Insurance Company, 75% of millennials say they receive mentorship, which leads to the assumption that New York Life Insurance Company is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at New York Life Insurance Company.

AnswerPercent
Yes75%
No25%
Do you have a mentor at work?
AnswerPercent
Yes67%
No33%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at New York Life Insurance Company

Employees at New York Life Insurance Company have ranked their perks and benefits in the Top 20% of similarly-sized companies on Comparably. When asked to estimate how much employees think New York Life Insurance Company spends on their benefits, the most common answer selected is $1500 - $2500/mo. Learn about perks & benefits at New York Life Insurance Company.

AnswerPercent
Yes75%
No25%
Are you satisfied with your Benefits?
AnswerPercent
Yes100%
No0%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training100%
Decision Making0%
Fun Culture0%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at New York Life Insurance Company

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, New York Life Insurance Company employees rate their work life balance a B. They think highly of New York Life Insurance Company's professional growth opportunities. Employees have graded New York Life Insurance Company's perks and benefits a B+. These ratings and reviews lead us to conclude that New York Life Insurance Company is an excellent company for the millennial workforce. Learn more about New York Life Insurance Company's efforts to retain employees.

AnswerPercent
Yes0%
No100%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes100%
No0%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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