Talent Acquisition
The team that develops strategies and processes for identifying and successfully recruiting talent to NYL, is responsible for the recruitment life cycle from job posting to candidate negotiations and oversees programs aimed at expanding our talent pipeline (internal mobility, diversity and early talent/campus recruiting)
What is Talent Acquisition?
The process where the business provides SMART (Specific, Measurable, Attainable, Relevant and Time-based) performance feedback three times a year
What is Partnering for Success?
To have all employees and agents be physically healthy and financially secure
What is the Benefits mission statement?
Celebrated by the Ops team in the first week of October
What is Customer Service Week?
Nearly 400 CVPs have received 360-degree feedback and built individual development plans through this self-nominated learning experience that was launched in 2021 and is anchored in the NYL Leadership Profile
What is Compass?
Career Fairs, On-Campus Interviews, Campus Presentations and Interview Super Days
What are Campus Recruiting activities?
The process where HRBPs meet with employees who are leaving the company to better understand why they have made this decision and then use the information to help clients understand areas for improvement within the employee experience
What is the Exit Interview process?
NYL contributes 100% toward this benefit received when you retire or separate after having completed 3 years of vesting service
What is our Pension benefit?
Over $35,000,000
What is the net amount of a bi-weekly payroll?
HRBPs and business leaders meet annually to review these documents, which help the company plan for, and respond to, transitions in critical roles
What is succession planning?
This process involves hiring managers, HR Operations, ER, OGC, Tech, TA, and sometimes the HRBPs
What is the Onboarding process?
When organizational changes in the business result in job elimination, these 3 teams work very closely together to ensure the proposal is consistent with Company policy and practice, and that impacted employees receive personalized severance in line with NYL’s job elimination plan
Who are Employee Relations, Benefits and HR Business Partners?
Plan designs and strategies. Board and TD&C Committee support. Market research. Analysis and reporting. External competitiveness. Internal equity. Pay packages. Scorecards. Pay program funding, governance, and administration. Aligning pay-for-performance. Communication and education.
What is "A Day in the Life of Compensation"?
This team answers over 750 questions each week
What is HR Solutions (HR Central team)?
This skills development partnership between HR and Technology was first instituted in 2018 and was recognized with a best practice/innovation award from Gartner
What is the Learning Stipend program?
1711
What is the number of external hires as of 9/15/22?
Employees may have up to this number of chargeable absences in the prior 12 months in order to maintain an acceptable attendance record
What is 7?
9%
What is the amount NYL contributes toward retirement plans for employees?
Responsible for management of a broad range of labor types, including staff augmentation, consultants, management consultants and outsourced labor
What is the Contingent Workforce Office (CWO)?
60% of HR employees are affiliated with one of these groups, overseen by the DE&I Center, and which help the company foster an environment in which differences and unique perspectives are encouraged and valued
What are Employee Resource Groups (ERGs)?
905
What is the number of internal hires as of 9/15/22?
This is the most frequent issue recorded in ER’s online case tracking application
What are accommodations?
Around $2 billion per year
What is the annual aggregate pay overseen by the Compensation Team?
This tool, rolling out later this year, will automate HR record retention management
What is Open Text (xECM)?
In 2021, over a quarter of a million items were viewed or logged in this multi-modal resource for self-development
What is the Learning Exchange?