Fortune magazine’s list of World’s Most Admired Companies is the definitive report card on corporate reputation. For 2019, 7 companies are ranked in the Life and Health sector and we ranked second overall, factoring in nine key attributes of reputation: people management; use of corporate assets; financial soundness; quality of management; quality of products/services; innovation; social responsibility; long-term investment value; and global competitiveness. A total of 680 companies from 30 countries were surveyed.
We rank #71 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. We are proud to say that we have a stronger position on the Fortune 500 list than other powerful brands including: TIAA (79), Nike (90), Northwestern Mutual (111), McDonalds (149), Visa (153), Colgate-Palmolive (202), and Guardian Life (244.) With 2018 revenue of $43.4 billion, according to Fortune’s proprietary formula, we once again retained our title as the largest mutual life insurance company in the United States.
For the third consecutive year we’re proud to have been certified as a Great Place to Work by the world-renowned Great Place to Work (GPTW) organization. GPTW is a global authority on building, sustaining, and recognizing high-trust, high-performing workplace cultures. Over the past 30 years the organization has surveyed millions of employees and examined thousands of the best workplaces around the world. Survey questions touch on issues such as respect, fairness, pride, credibility, and camaraderie at the company.
Forbes asked research firm Statista to find the top places where people want to work by polling 30,000 employees in 25 industries. The result is Forbes Magazine's "America's Best Large Employers 2017," an exclusive ranking of the 500 best large employers. We ranked above prestigious companies such as Metlife, MassMutual, Nationwide and State Farm that are recognized on the insurance industry list, which covers all types of insurance including life, health, PandC.
Diversity and Inclusion
We were honored to be named to the 2019 National Business Inclusion Consortium’s (NBIC's) Best-of-the-Best list of corporations in America committed to diversity and inclusion across all community sectors. Only companies achieving industry-leading results across all diverse segments are eligible to receive the prestigious Best-of-the-Best designation from the NBIC, a coalition of national diverse business organizations spearheaded by the National Gay and Lesbian Chamber of Commerce.
We received a perfect score of 100% on the 2019 Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation.
One again we made Forbes 2019 list of America’s Best Employers for Diversity that was done in conjunction with research firm Statista. Statista surveyed 50,000 Americans working for businesses with at least 1,000 employees, asking questions about diversity, gender, ethnicity, sexual orientation, age and disability. Responses among underrepresented ethnic minorities, women and people aged 50 and older received greater weight in the ranking. We ranked above prestigious companies such as Nestle, Amazon, Coca Cola, Northwestern Mutual and Allstate.
New York Life was honored to be among the first companies named to Forbes new listing of the Best Employers for Women. Forbes partnered with market research company Statista to identify the companies doing a top notch job of supporting their female workforce. The final list ranks the 300 employers that both received the most recommendations and boast the most gender diverse boards and executive ranks. New York Life ranked #160 on the prestigious list, ranking higher than other companies including JPMorgan Chase (#192), Microsoft (#212) and Visa (#289).
Our name was added to MBN USA magazine’s annual Corporate 101 list for 2016, representing the “Most Admired Companies” in supplier diversity. We were recognized for our supplier development initiatives, participation with regional minority supplier development councils and reported spend with diverse suppliers. The list embodies the essence of next-level growth in supplier diversity.
We were selected by OMNIKAL as one of "America’s Top 50 Organizations for Inclusive Majority Business Opportunities” for 2018. We received the award based on inclusion throughout the nation's business community. More than 2 million businesses participated in an online election to determine the Omni50 Award winners for their efforts in the global market place, at a time when inclusion has been imperative for economic prosperity and future ethical, social and cultural success. The Omni50 Award winner list is an indicator of which organizations provide the best and the most business awarded to Inclusive Majority Owned companies. This, in turn, attracts more corporations, as they compete for market share in multicultural communities and an increasingly varied global and national population.
We were named one of the 2017 “Working Mother 100 Best Companies” for our outstanding leadership in creating progressive programs for our work force in the areas of advancement of women, flexibility, child care and paid parental leave.
We're honored to be named one of the “Top 70 Companies for Executive Women” by the National Association for Female Executives (NAFE), which recognizes American corporations where women have significant power to make the decisions that affect their company’s future and its bottom line. We were recognized as an organization that is committed to hiring, retaining, and promoting executive women. In addition to assessing corporate programs and policies dedicated to advancing women, NAFE measured results examining the number of women at the highest ranks and those with profit and loss responsibilities.
For the fifth year in a row, our company was named one of DiversityInc’s“Top 50 Companies for Diversity” for 2017, ranking 23rd on this prestigious list. As a top company, we were highlighted for our talent pipeline, equitable talent development, CEO and leadership commitment, and supplier diversity. This year we were also ranked #2 for our employee resource groups.
We were selected for the 2019 Working Mother 100 Best Companies for multicultural women. The honor recognizes US companies that create and use best practices in hiring, retaining and promoting women of color. The recognition is based on an extensive application with questions covering representation; hiring, attrition and promotion rates; recruitment, retention and advancement programs; and company culture.
We were ranked #10 on the “50 Best Companies for Latinas to Work For” in the United States for 2017 by LATINA Style magazine. Our recognition was based on the number of Latina executives, Latina retention, educational opportunities, mentoring programs, Latina board members, alternative work policies, dependent/child care support, employee benefits, women’s issues, job retraining, affinity groups, military recruitment programs, and Hispanic relations. This annual survey serves as the most respected evaluation of corporate America 's career advancement opportunities for Latinas.
Our company earned a top 10 placement on Profiles in Diversity Journal’s 2017 Diversity Leader Award. The award is given to companies that are advancing the evolution of diversity and inclusion. We were recognized for our Diversity Awareness Month #InclusionMatters Challenge. This month-long competition brought together 113 teams of employees to complete tasks focused on the importance of inclusion and recognizing and mitigating unconscious bias. Organizations are assessed based on progress in categories such as employee engagement, opportunities for advancement, board composition, workplace recognition, community engagement, and more. The award also celebrates outstanding diversity officers and chief diversity ambassadors whose work to leverage the power of their companies' diverse workforce is instrumental to their business's success.
We were honored as one of 2017 America’s Top Corporations for Women Business Enterprises by the Women’s Business Enterprise National Council. We were included on the 18th annual list of America’s Top Corporations for Women’s Business Enterprises, the only national award honoring corporations for world-class supplier diversity programs that reduce barriers and drive growth for women-owned businesses. The award recognized our commitment to increasing opportunities in new markets, fueling innovation, and empowering communities through economic growth and job creation.
We were recognized as an outstanding corporation for 2017 by The Women's Presidents' Educational Organization (WPEO). We received this award for our significant accomplishments in support of WPEO women business enterprises and the women's business community, as well as innovation and overall commitment to the WPEO mission. In addition, we received the 2017 WPEO "Corporate Opportunity Award" for reporting the most Done Deals with WPEO-certified Women Business Enterprises (WBE) in the New York Region from April 2016 through March 2017. The award measures the impact WPEO has achieved in increasing business opportunities and contracting activity between WBEs and WBEs, as well as WBEs and WPEO Corporate Members.
We were honored to be named to the 2017 National Business Inclusion Consortium’s (NBIC's) Best-of-the-Best list of corporations in America committed to diversity and inclusion across all community sectors. Only companies achieving industry-leading results across all diverse segments are eligible to receive the prestigious Best-of-the-Best designation from the NBIC, a coalition of national diverse business organizations spearheaded by the National Gay and Lesbian Chamber of Commerce.
New York Life is one of the inaugural winners of the 2017 BEQ Pride LGBTQ Business Equality Excellence Award winners. The Business Equality Network recognizes companies demonstrating their comprehensive commitment to LGBTQ business equality.
We're honored to be included in Black EOE Journal's "Best of the Best Top Employers;Supplier Diversity Programs; LGBT-Friendly Companies and MBA Programs" for 2017. We were recognized for our outstanding efforts in the quest for true diversity.
Our name was added to the 2016 Top Companies for Women Technologists Leadership Index by The Anita Borg Institute (ABI). ABI is a nonprofit organization focused on the advancement of women in computing. The national benchmark program named 25 organizations as leaders in recruiting, retaining and advancing more women in technical role. ABI evaluated 60 companies with more than 1.4 million US employees, including 552,000 technologists across 10 industries, and found that we and 24 other companies scored above the industry mean.
We were named to LATINO Magazine’s 2016 “LATINO 100,” an annual listing that spotlights companies providing the most viable business opportunities for US Latinos. The list is a snapshot of corporate support for the Latino community in areas like philanthropy, workforce diversity, minority business development, and governance.
We were named to Affinity Inc magazine’s “Top Corporations for LGBT Economic Empowerment” list for 2016. Our company was recognized because it is among the top-scoring employers on the Human Rights Campaign Foundation 's recently released 2016 Corporate Equality Index and has an active LGBT employee resource group. In addition, we have demonstrated a commitment to LGBT supplier inclusion in the corporate procurement process.
Our name was added to Training magazine’s “Training Top 125” ranking for 2018, a ranking of a company's excellence in employer-sponsored training and development programs. We were recognized as a company that shows great commitment to employee development. Now in its 18th year, the Training Top 125 ranking is based on statistics including total training budget; number of training hours per employee program; goals, evaluation, measurement, and workplace surveys; hours of training per employee annually; and detailed formal programs.
We tied for #49 overall in the United States and #4 in the Insurance Industry on the 2017 Dave Thomas Foundation for Adoption’s 100 Best Adoption-Friendly Workplaces List. This is the 11th consecutive year we've been recognized. This list honors companies that offer the country’s most impressive adoption benefits. Companies are reviewed and ranked based on the combination of financial reimbursement and paid leave offered to employees who adopt.
"GOLD ORGANIZATION" RATING BY CHIEF LEARNING OFFICER MAGAZINE.
New York Life was named a 2019 "Gold Organization at the 2019 Chief Learning Officer Learning Elite Awards. The judges cited our practices and work across the various Learning Exchange Academies, Technology’s learning stipend, and Skills Advisory Board, as well as the wide range of technical, professional, and leadership development efforts for employees and managers across the company.
For the sixth consecutive year, we were recognized by Chief Learning Officer magazine and named to their 2018 LearningElite list. This recognition was awarded for our combined efforts across all areas of Corporate, Agency, and Investments training and development, and for all phases of the work, in all learning categories.
Our company received a silver Military Friendly® Employer Award for 2017 from Victory Media, the originator of the family of Military Friendly® employment, entrepreneurship and education resources for veterans and their families. We were recognized for being an organization with a revenue of over $1 billion that offers outstanding programs and support for our nation's veterans and their families.
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