I have heard from multiple people that the most recent layoffs were almost exclusively non-DEI candidates and vast majority white males. I don't have any way of verifying this since no one was told who was leaving. Just wondering if anyone has... — read more
Security team su-ks
The security team at NMs is ineffective, resembling a group of clowns disrupting every aspect of the our engineering work.
What happened with Learnvest?
I've heard rumblings that John Schlifske was in an extramarital relationship with the Learnvest CEO when they made that doomed acquisition. Not to spread rumors but this guy does seem like a creep and that whole situation had a very shady feel to it... — read more
NM has a solution to the downtown parking problem
Let's replace dozens of coveted and badly needed parking spots to build a bike room to solve the parking problem. Brilliant idea NM. Assuming you survive all of the bullets flying and reckless drivers on your way to work, you can now put air in... — read more
What we need is more strategy. And more people to work on it.
sales strategy. tech strategy. field strategy. data strategy. financial strategy. hr strategy. take a look around the org chart or read one of those emails announcing a reorg. you’ll see all sorts of people engaged in some sort of strategy or... — read more
Calls for help go unanswered
I sat on hold yesterday for over 2 hours when I called the help desk before I hung up. Today I sat on hold for over an hour. I was told they don't have budget or staff and everyone is being told to use chat and self-service. Have things really... — read more
Half of the Senior Directors and Vice Presidents at NM are incompetent. Anyone else have a similar experience?
Classic NM situation involving a former (failed) lawyer leading a department without a clear understanding of its operations. Despite emphasizing office presence during our weekly huddles, this leader only shows up 6 times per month (if that)... — read more
March 15th
Guesses for how many people will be collecting their AIP and leaving Shawshank Mutual?
SEC WhatsApp Crackdown
I don't recall getting hit with a fine like this from the SEC ever.... SEC WhatsApp Crackdown Hits 16 Advisors, Brokers Totaling $81M Northwestern Mutual racked up the top fine, with a combined $16.5 million fine for, among other things, sending... — read more
If you are planning to leave NM
Check out the other companies on this website before you start applying anywhere. It looks like a bunch of them are going through the same things we are. Make a smart choice. Consider some medium or even small companies if you are looking for a... — read more
ESD still looking for a competent leader?
Anyone else hearing that DG has lost control of ESD and is making things up as he goes? Similar to other leaders he has brought in his yes men and women and are just doing what he did else where. Directs he hired work remote while the minions... — read more
Republican Convention - Work Remote
Don't you just love it that managers are now required to verify the badge access of their employees to make sure they are in the office 3 days a week? But, when the Republican Convention comes to town the message is stay home to work because we want... — read more
AIP Numbers
140% for successful and 155% for highly successful and excellent. Wasn't it the same last year?
Kickbacks
Any guesses how much pink pants and others are getting in the form of kickbacks from Virgin Pulse as we all supply every personal detail about our life and health with Well360 just to get a couple hundred bucks off our health insurance?
what do i need to do to get ahead?
i have been waiting for year and years for the guy i report to to finally retire. i did so many things that he wanted me to do. i've hired leader after leader, ever hoping to find the right ones but they never were able to deliver. i went ahead and... — read more
Preventing Pensions
Over the last few years as layoffs have started, I see again and again that most of these cuts are employees that are nearing (within 12 months or less) the 3-year pension vesting. Maybe it's solely because NM is horrible at planning its own... — read more
Layoffs Confirmed Effective 2/1
A couple organizations today got all-hands emails announcing reorganizations and resulting layoffs. Particularly, Digital Product Management under CM is being reorganized. A layer of leadership, I believe an M4 and a VP, are being laid off. In... — read more
Merit Increases and Market Adjustments
In "The Weak End" did HR really confirm that anyone under a 90% compa-ratio is underpaid? I also heard New York employees were the only ones that received market pay adjustments.
When are AIP Results announced?
More specifically, when do we know our bonus % ?
Northwestern mutual Severance for layoff
What has their severance package looked like in the past when they laid people off?
DEI Events Budget and Support Slashed for 2024
DEI leadership has been told their budget for 2024 is being cut by nearly half. There are concerns from the Board of Trustees that too much on-campus space and time is being devoted to events not totally dedicated for the company's purpose. Plus... — read more
Any word about AIP 2024?
What do we think AIP would turn out with layoffs, reorgs, and no strong company performance
Favorite Happenings in 2003
Thinking the company might give us something decent or at the very least NORMAL for Christmas and instead getting NOTHING or a few remote people got some old crusty pretzels and a strange patch that no one knows what to do with. What happened to... — read more
its been 6 months since gru’s variable was announced.so?
what have they done? What have the policy owners got for the money? And by money I mean the outrageous salaries that team is being paid to do whatever it is that they do.
How many layoffs are there gonna be next year?
I keep hearing it's going to be at least 500 people laid off next year. What are people hearing?
Warning Signs
Open forum to post your NM warning signs. ) NM's dividend (5.1%) is now lower than Mass Mutual (6.15%) ) NM dropped out of the Fortune 100 and Mass Mutual moved into their spot. ) Still no 401k match. Is the company strapped for... — read more
CM loves McKinsey
Per the weekend CM loves McKinsey and everything they stand for. People that know know. Watch the John Oliver show.
"If you are sick be sick and rest and get better. Take PTO that is why we have PTO."
—AA, November 3rd Seriously? Our leaders, in the last episode of The Weekend, once again demonstrated narrow-mindedness, stubbornness, lack of trust, and disconnected leadership. What are they trying to accomplish? What do you folks think? — read more
Driving the Downtown Obsession
Today, JES continued his lack of confidence and logic for his dream of uniting NM after his failed attempts to unite LV and NM. When asked about the I-794 construction project, JES said “It doesn’t feel to me like there is an obvious, clear answer... — read more
How much does a Sr. D make?
Hones to goodness, how much do they actually make? Are they below the midpoint like the rest of us?
The weekend in review: where logic dies
Bringing you yet another episode of the weekend in review, reminding you of all the questions our leaders tolerate (but shouldn’t). Let’s jump to the top 3: Our resident slack nitpicker (MT) has a question. She wants to know if we can make layoffs... — read more
Another Lame Apology
NM has once again decided to interject itself in a political matter and it backfired. This time they opted to share their anti-Semitic views and offended a large part of the field. The response was to send a lame apology letter to backpedal. ... — read more
Layoffs coming up in ICS
The head of department just confirmed that….end of year. The sad part is he is relying on his head of product (SM) who has the biggest waste in her organization. What can be the bigger disappointment than her deciding our fate!!!!
The Weekend in review: idiocy continues
In this episode of ridiculous questions that our leaders continue to entertain (but shouldn’t), I give you the top 3 ridiculous weekend questions for early October: Yet another p2 complaining about not getting promoted to a senior role even with 7... — read more
The Weekend magnifies the most annoying voices
I feel like a lot of the success of What’s Up was mostly because we never had any hard topics. We were on a hiring spree, everyone was working from home, and the worst we had to deal with was the evergreen question about our 401k. The rest of the... — read more
Any remote workers worried about the remote "memorandum"
Basically title - looks like all remote workers got a notification that was basically stating that if our position / responsibilities change - the remote work agreement can change at any time.
How many ex-ge hacks does it take to lay people off as they collect VP and Sr. D money?
seriously.look at the total waste of money that is tc's org.we hire a washed-up nobody from ge - a company that has been in a death spiral for years-and is doing the same at nm now.add up all the salaries of his org and be preapred to be amazed.then... — read more
More cuts coming
I'm hearing rumors about more cuts, do we know anything concrete yet?