New York Life Insurance Company

12,000 Total Employees
Year Founded: 1845

New York Life Insurance Company Compensation & Benefits

New York Life Insurance Company Employee Perspectives

New York Life Insurance supports employees through various life stages, including those who take career breaks for caregiving responsibilities. By offering structured return-to-work pathways, the company helps individuals transition back into their professional roles with confidence and support.

“Whether employees take a break to raise children or take care of parents, re-entering the workforce can be challenging. To help, New York Life has partnerships with the Financial Women’s Association’s (FWA) Back2Business Initiative, which helps our employees restart their careers after an absence.”

What People Are Saying About New York Life Insurance Company

  • Retirement Support: Retirement programs include a 401(k) with company match alongside a defined‑benefit pension in many roles. This combination is positioned as a differentiator that bolsters long‑term financial security for eligible employees.
  • Parental & Family Support: Parental leave was expanded, and family‑building benefits include adoption assistance, fertility support, and backup childcare. These resources, together with elder‑care tools and return‑to‑work supports, strengthen family flexibility.
  • Wellbeing & Lifestyle Benefits: Health and wellbeing resources span medical, dental, vision, EAP access, wellness tools, and gym discounts or on‑site facilities. Additional conveniences such as commuter benefits, discounts, tutoring, and flexible work options support day‑to‑day life.

New York Life Insurance Company's Benefits

Offers performance bonuses

Provides pay transparency

Provides relocation assistance

New York Life offers relocation assistance, including home finding, temporary housing, and moving costs and travel expense reimbursement.

Hosts company-sponsored family events

Offers childcare benefits

Provides a post-parental leave return-to-work program

Provides adoption assistance

Provides an onsite Mother's Room

Provides family medical leave

Provides fertility benefits

Offers dental insurance

Offers Flexible Spending Account (FSA)

Offers health insurance

Offers mental health benefits

Offers vision insurance

Offers charitable contribution matching

Offers disability insurance

Provides 401(K) matching

Provides a pension