Be Happy You Have a Job - Anonymous employee New York Life Employee Review

2.0
8 Mar 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company recently obtained the number one position on the World's Most Admired Company list and it is a fiscally responsible organization, dedicated to maintaining private ownership.

Cons

Despite the highly touted introduction of "Executive Development" and "Diversity and Inclusion" programs, the company is not a good choice for entry or mid-level employees (read, non-executive). Anyone who expresses any desire or initiative to grow in their role is told "if you want to make more money, you'll have to go to another company" and "be happy you have a job right now" even though it's the dedication, loyalty, and hard work of lower level employees that has made the company what it is. Very demoralizing place to be right now. Very few employees are given the opportunity to be on a career track, no matter the talent, creativity or initiative displayed.

Explore other reviews about New York Life

5.0
12 Jun 2026
Recommend
CEO approval
Business outlook

Pros

They provide good benefits to employees.

Cons

The career ladder internally is limited.

5.0
9 Oct 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

Cons

You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

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New York Life Response
9y
Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
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