New York Life | October 30, 2024
Loss is sadly a part of life, and what follows – grief – is an important aspect of the healing process. New York Life knows this and is here to support its employees during these difficult times.
Data tells us that three to five days of bereavement leave continues to be the norm across most industries. However, at New York Life, we understand that this simply isn’t long enough. That’s why we have recently extended our bereavement policy. This means that employees can now take up to 15 days off to mourn anyone that they consider a loved one.
Our previous policy allowed up to five days paid time off, and this was dependent on the relationship. But we recognized that this wasn’t the right approach and sought to improve it.
Because the health and well-being of our people is of the utmost importance to us, we are also committed to supporting our employees in any way that we can, and this especially applies when people are navigating difficult times in their lives.
New York Life also offers training for managers at the company – as well as resources for all employees – on how to support colleagues who are grieving.
We are also aware that grief strongly impacts children, and we know that there can be a gap in grief support in schools. To that end, the New York Life Foundation established the Grief-Sensitive Schools Initiative®, which provides resources and tools for school communities to support students and their families who have experienced a death.
At New York Life, we have a history of assisting and providing help for our employees, no matter what life throws at them. Each and every one of our employee benefits is designed to provide support in the areas our people need it most. Visit our benefits page to find out more.
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Kevin Maher
New York Life Insurance Company
(212) 576-7937
Kevin_B_Maher@newyorklife.com