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1 person found this helpful  

Great Company, Clingy Management.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Agent in Oklahoma City, OK
Current Employee - Agent in Oklahoma City, OK

I have been working at New York Life full-time

Pros

Giant income opportunity
Pretty flexible schedule
Veteran agents eager to help
Great benefits
Virtually unlimited resources
You get out (usually) what you put in

Cons

Management:

They are very clingy. By that I mean they want to hear from you daily regarding what you did relative to the standards they set for you. In other words, you don't actually run your business. They have a business model for you and if you fall short of their weekly standards, be prepared to be openly ridiculed in the Monday meeting. This also interferes with your work/life balance because the first thing they will ask is "why didn't you just work more?". Aside from that, there are all kinds of training requirements and homework and different gimmicks they want you to test out regardless of how uncomfortable you may feel doing it. This tends to make me not want to work at all because I'm so ready to leave the office after being hog tied and dragged through the mud every meeting, and there are a TON of meetings. Most of which are a waste of time.

Advice to ManagementAdvice

Leave us alone. The only reason I have ever considered leaving is because of you. You create a negative atmosphere and make people feel stupid and worthless, which doesn't exactly compel people to work. Learn to be a resource, not a dictator and let me run MY business the way I want to. Quit acting like you cut us a salary check every week. I know that you are good people and wish to help and have to cover your own backsides, but there is way too much pressure and I hear from you far too often for the wrong reasons. Let us work and be happy with whatever we can produce. Stop being the reason good quality agents leave the company.

Doesn't Recommend
Positive Outlook
No opinion of CEO

751 Other Employee Reviews for New York Life (View Most Recent)

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  1.  

    Professional Office Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Scottsdale, AZ
    Current Employee - Administrative Assistant in Scottsdale, AZ

    I have been working at New York Life full-time (more than an year)

    Pros

    A large company with small business environment. Professional staff.

    Cons

    Working for individual agent offers limited advancement

    Recommends
    No opinion of CEO
  2.  

    Getting paid what your worth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Waltham, MA
    Current Employee - Financial Advisor in Waltham, MA

    I have been working at New York Life full-time (more than 5 years)

    Pros

    Not stuck to a 9 to 5, you can work your 40-50 hours however you like.
    I am finally get paid what I am worth due to my efforts.
    Ongoing training and support the 5 years I have been here.
    I have made more money every single year and I am getting paid residual income on all my business over the last 5 years.
    My manager has played an active role in my development every single year and I am now helping him develop newer advisors and getting compensated for that as well.

    Cons

    I hit a good size case and get a little lazy after that, which is my fault not the companies!
    My office is an hour from my house so the 4 times a month I do drive to the office its a bit out of the way.

    Advice to ManagementAdvice

    Stay aligned with developing long term career advisors like you have been doing.

    Recommends
    Positive Outlook
    Approves of CEO
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