New York Life reviews

LOW PAY especially if you do not have a big natural market that you can draw on. I transferred in from a totally different field. The job was sold to me as "our products sell themselves" and something that would get easier and easier as time went on. I was told that $80,000 was a very realistic expectation for salary. My first W2 for work from May to December was for ~$9,000 When I triggered my contract, I almost immediately fell behind and lost my activity stipend. Effectively, I've been working commission-only when I was promised that base pay would be pretty simple to make. Starting my second year, I still need a weekend job when I'm a licensed financial professional. I've heard and seen similar stories from others. NYL depends upon your natural market for business, to the degree that it ends up feeling like a pyramid scheme. DO NOT work here if you are not comfortable reaching out to your immediate friends and family. I could see this company working out for somebody who is coming from a related background (CPA, Banking etc) and already has a large book of professional relationships to call and do business with. I have had an overall good experience with management, but it depends on who you get. Some of the partners are not sympathetic to "excuses."

The Ted years have left many heartbroken. On one hand, you have (had) a dedicated workforce, willingness to do anything for the company, etc. On the other hand, those same people were holding back the company with archaic technology and processes. New guard comes in and promises to improve the legacy infrastructure -- slashes and burns decades of work. As that is going on, the last remnants of the old guard are fighting a political battle to demonstrate why we still need mainframes. Stuck in an endless loop of inefficiency the last few years where nothing gets done.