New York Life Insurance Company was selected for the 2008 Working Mother 100 Best Companies based on an extensive application with more than 500 questions. The application included detailed questions about workforce, compensation, child care, flexibility programs, leave policies and more. It also checked the usage, availability and tracking of programs, as well as the accountability of managers who oversee them. Seven areas were measured and scored: workforce profile, compensation, child care, flexibility, time off and leaves, family-friendly programs, and company culture. For this year’s 100 Best, particular weight was given to family-friendly policies, flexibility, leave policies and benefits for part-timers.
BusinessWeek 50 Best Places To Launch a Career 2008
For the second year in a row, New York Life Insurance Company has been named to BusinessWeek's annual “The Best Places to Launch a Career" list. New York Life is ranked #28 out of 119 companies. To determine which employers were best for entry-level workers, a three-part method was used: a survey of career services directors at U.S. colleges, an employer survey on hiring, pay, benefits, and training programs, and finally, research data from a company that surveyed 40,000 U.S. undergraduates.
New York Life Insurance Company has earned the top rating of 100 percent in the 2009 Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign Foundation. New York Life joins the ranks of 259 other major U.S. businesses which get top marks for their treatment of lesbian, gay, bisexual, and transgender (LGBT) employees and consumers. The CEI rated 583 businesses in total, evaluating LGBT-related policies and practices including non-discrimination policies, transgender health benefits and domestic partner benefits. New York Life’s efforts in ensuring LGBT equality in each of the survey’s main criterion earned it the prestigious 100 percent ranking.
New York Life Insurance Company has been named to Hispanic Business magazine's “Diversity Elite 60,” which is an annual list determined by more than 32 variables measuring a company’s commitment to Hispanic hiring, promotion, marketing, philanthropy, and supplier diversity. New York Life was recognized for going beyond workforce diversity initiatives and implementing strategies to reach more Hispanic consumers as well as increasing our business with minority and Hispanic-owned suppliers. New York Life exemplified the inclusion of diversity measures in the workplace by meeting or exceeding the following criteria:
- Board & Leadership
- Recruitment
- Retention & Promotion
- Marketing & Community Outreach
- Supplier Diversity
LATINA Style magazine's 50 Best Companies for Latinas to Work For in 2008
For the eighth year in a row, New York Life Insurance Company was named one of the "50 Best Companies for Latinas to Work For" in the United States by LATINA Style magazine. New York Life was ranked among the top 12 after more than 1,000 prominent U.S. corporations were evaluated. New York Life was recognized based on issues that LATINA Style readers identified as most important to them in the workplace. Among the principal areas of evaluation are: number of Latina executives, mentoring programs, Latina board members, educational opportunities, alternative work policies, dependent/child care support, employee benefits, women’s issues, job retraining, affinity groups and Hispanic relations.
New York Life was one of 13 companies named to Latin Business' 2008 Corporate Diversity Honor Roll for our efforts to create a diverse blend of talent in the workplace.
The magazine identified the following reasons the Company was named to the Corporate Diversity Honor Roll: commitment to the supplier diversity program, the Employee Network Groups, the Hispanic Marketing Unit's initiatives, and the New York Life Foundation's strong support of numerous Hispanic philanthropic and business organizations.
New York Life received an "International Innovation in Diversity Award " from Profiles in Diversity Journal for 2008.
New York Life was acknowledged for its creation of http://www.newyorklife.com/careersforwomen, a user-friendly Website that educates women about the benefits of a career as a life insurance agent and provides visitors with easy, next steps to becoming an agent. According to Profiles in Diversity Journal, New York Life distinguished itself by virtue of the Company’s innovative approach to advance diversity in the workplace and the communities we serve. This marks the fifth year New York Life has been recognized by the magazine.
For the third year in a row New York Life Insurance Company was named an IDEAL Employer™ by undergraduate students in The Universum IDEAL Employer™ Survey - both Undergraduate and Diversity Editions.
For the Undergraduate Edition, over 43,000 undergraduate students at 195 universities participated and approximately 17,914 diverse students in 137 schools were asked to rank their IDEAL Companies for the Diversity Edition.
For undergraduate students who would like to work in the insurance industry upon graduation, New York Life was chosen as the 3rd most IDEAL Employer™ in 2008. For those undergraduates with diverse backgrounds who would like to work in the insurance industry upon graduation, New York Life was their #4 choice in 2008.
The 2008 Fortune 500.
New York Life ranks #82 on the prestigious Fortune 500 list. Each year, Fortune magazine collects revenue data from the largest companies in the United States and publishes the rankings. The published list is considered a “who’s who” of corporate America. With 2007 revenue of more than $29 billion, according toFortune'sproprietary formula, New York Life once again retained its title as the largest mutual life insurance company in the United States.
Fortune's list of America's Most Admired Companies is the definitive report card on corporate reputation. The winners were chosen from the 1,000 largest U.S. companies (ranked by revenue) and the top foreign–owned companies operating in the U.S. Factors include quality of management, quality of products and services, innovation, long–term investment, financial soundness, people management, social responsibility, and use of corporate assets. For 2008, New York Life ranked second overall in the Life and Health sector of the Insurance Industry — factoring in all eight key attributes of reputation.
New York Life Insurance Company received ARMA International’s 2008 Cobalt Award for excellence in records and information management. The award is presented annually to the company that exemplifies organization–wide best practices in managing records and information. As winners of ARMA International’s Cobalt Award, New York Life Insurance Company is the first to symbolize excellence in today’s leading business practices. The award was created to recognize the shift – and its resulting advantages – when an organization becomes focused on proper records and information management at a foundational and organizational level.
100 Best Adoption-Friendly Workplaces in America 2008
New York Life was named to the 100 Best Adoption-Friendly Workplaces in America list for 2008. The 100 Best Adoption-Friendly Workplaces in America list recognizes New York Life's commitment to offering adoption benefits to its employees. Over 919 companies were analyzed by the Dave Thomas Foundation for Adoption for list.
Hispanic Enterprise Magazine's Top 50 Corporations for Supplier Diversity
For the second year in a row, New York Life ranked in the Top 50 Corporations for Supplier Diversity in Hispanic Enterprise Magazine's list
of U.S. corporations that partner with diversity suppliers. The list recognizes the Company's commitment to the development and promotion of
the Supplier Diversity Program, which recruits and trains minority suppliers by offering mentoring opportunities, training, and networking
meetings. New York Life was recognized for attending supplier fairs as part of its supplier diversity strategy and being an active participant in
the National Minority Supplier Development Council.
One of The Most Energy Efficient Buildings in the Nation 2008
For the second year in a row, New York Life Insurance Company has earned the U.S. Environmental Protection Agency’s prestigious ENERGY STAR, for its home office location at 51 Madison Avenue in New York City. New York Life's Westchester campus, located at 1 Rockwood Road in Sleepy Hollow, New York, received this prestigious award in 2008. This recognition identifies New York Life's building as one the most efficient buildings in the nation. The ENERGY STAR designation is the mark of superior energy performance and is given to the top 25% facilities in the country that use on average 35% less energy than typical similar buildings and generate one-third less carbon dioxide. ENERGY STAR is a government-backed program that helps businesses and consumers protect the environment through superior energy efficiency.
Best Companies for African Americans
For the sixth year in a row, New York Life Insurance Company was named one of the 25 “Best Companies for African Americans” by Family Digest magazine. Family Digest’s editors evaluated more than 800 companies in the following areas: employee feedback, employee demographics, recruitment of African Americans, board makeup, company culture, advancement of African Americans, work-life programs and policies, and spending with Black-owned suppliers. This year's survey also included ratings in key areas by more than 70,000 Family Digest readers. New York Life was singled out for strong all-around performance and received the highest rating from Family Digest’s readers.
Best Places to Work in Westchester County for 2007
New York Life has been named one of the "Best Places to Work" in Westchester County for 2007 by Westchester Magazine. New York Life was one of 10 companies recognized. The magazine identified the child care center; the employee health department; the cafeteria; the fitness center; the various transportation options; education reimbursement; and the pension plan as some of the work/life programs and benefits that warranted New York Life's appearance on this prestigious list.
Companies on Fortune magazine’s annual survey of the World's Most Admired Companies are chosen based on performance in nine key attributes of reputation including global competitiveness, innovation, quality of management, quality of products and services, people management, financial soundness, social responsibility, use of corporate assets and long–term investment.
For the third year in a row, New York Life was named one of the "Best Workplaces for Commuters" for 2006 by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation (DOT). New York Life was recognized for environmental leadership and specifically for offering commuter benefits that reach the National Standard of Excellence. In addition, New York Life was named to this list for being committed to reducing air pollution and commuting–related stress, making a lasting impact on the environment, the local community, and employees.
Women For Hire
Women For Hire has recognized New York Life Insurance Company as a top employer for professional women for providing quality work/life benefits to its employees relating to childcare, eldercare, and their physical and mental well being. Women For Hire enables a coveted pool of talented professionals to meet one-on-one with America's leading companies, non-profit organizations, and government agencies to satisfy recruitment goals.
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