New York Life

www.newyorklife.com
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There are newer employer reviews for New York Life

3 people found this helpful  

Good company, but no growth.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Associate in New York, NY
Current Employee - Associate in New York, NY

I have been working at New York Life full-time (more than 8 years)

Pros

The pay is good with a bonus & salary increase each year. Good benefits & very stable. Most people stay with the company until retirement.

Cons

The career opportunities are very minimal. Getting promoted doesn't seem to be an option, no matter how much you deserve it.

Advice to ManagementAdvice

The pay for performance program seems to be nonexistent. Please encourage managers to utilize it.

Recommends
Neutral Outlook
Approves of CEO

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

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  1. 5 people found this helpful  

    I regret joining this company, if you join this company, you're making a huge mistake!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Sales Agent in Denver, CO
    Current Employee - Insurance Sales Agent in Denver, CO

    I have been working at New York Life full-time (less than a year)

    Pros

    If you study hard enough you can get your life and health insurance license plus become registered to sell financial products.

    Cons

    The company will Miske classify you as an independent contractor, but then they will turn around and micromanage your day-to-day activities. The products offered by the company or not that great either, longtime clients are now realizing that and these victims regret their purchases.

    During your initial interview process, management will make promises to you about how much money your bank and the culture at the company. This is all lies because many reps do not even earn a paycheck for up to 3 months. Sales managers are only concerned about bonuses and encourage you to sell products to people who do not need them

    For the first month, you will spend about 100 to 200 hours at corporate headquarters. You will be paid $0 for this time, yet work harder than you did at any other job.

    Advice to ManagementAdvice

    Stop lying to your prospects and telling them how great of a company this is, and how much money reps make. People do not like it when you lie to them

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Clinton, NJ
    Former Intern - Intern in Clinton, NJ

    I worked at New York Life as an intern (less than a year)

    Pros

    The intern program was a lot of fun! There was a healthy balance between work and fun with tons of opportunities to learn and network.

    Cons

    There were a lot of consultants at my location that "disappeared" after a month of being there so I didn't get a chance to get to know everyone. Not really a con a guess

    Advice to ManagementAdvice

    None. I think everything is just great.

    Recommends
    Positive Outlook
    No opinion of CEO
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