Empower Retirement Careers Unveiled

Empower Retirement Careers Unveiled

September 26, 2024

Explore Empower retirement careers, from flexible work options to a culture of diversity and growth opportunities!

Empower Retirement Careers Overview

Empower Retirement offers a dynamic opportunity for individuals looking to advance their careers within a supportive environment. This section highlights the flexible work environment and the benefits offered at Empower.

Flexible Work Environment

Empower provides a workplace that emphasizes flexibility, accommodating the diverse needs of its employees. With options for remote and hybrid work, professionals can maintain a healthy work-life balance. Many departments also feature flexible work hours, allowing employees to tailor their schedules to fit personal responsibilities. This commitment to workplace flexibility is crucial in today's fast-paced world, making Empower an appealing choice for career seekers.

For more information on how Empower supports its workforce through flexible options, visit Empower Careers.

Benefits Offered

Empower offers a comprehensive benefits package designed to support employees in various aspects of their lives. Below is an overview of key benefits provided:

Benefit TypeDetails401(k) PlanUp to 6% match available, promoting financial security.Financial Planning ServicesProvided at no additional cost for employees.Family Support BenefitsPaid parental leave, adoption assistance, and fertility services.

These offerings demonstrate Empower's commitment to the well-being of its employees and their families. The extensive benefits package aims to alleviate stress while encouraging professional growth and security. Additional details about the benefits can be found on the Empower Careers website. Each of these elements plays a significant role in making Empower a desirable place to work, contributing to its appeal as an employer in the sector.

Empower's Workplace Culture

Empower Retirement creates a dynamic workplace culture, emphasizing empowerment and a commitment to diversity and inclusion. This approach not only supports employee well-being but also fosters an environment where everyone feels valued and inspired to contribute.

Focus on Empowerment

Empower's mission centers around giving employees the freedom to transform their financial lives. This dedication results in a flexible work environment that encourages curiosity, collaboration, and personal growth. Employees are empowered to ask questions and find answers, allowing them to take charge of their roles and make a meaningful impact within the organization [1].

Empowerment AspectDescriptionEmployee AutonomyEncouraged to make decisions and drive their projects.Workplace FlexibilityOptions for remote work and flexible hours.Continuous LearningOpportunities for professional development and training.

This commitment to empowerment contributes to continuous improvement and organizational growth.

Diversity and Inclusion Initiatives

Diversity and inclusion are core values at Empower Retirement. The company actively promotes an inclusive community where employees can express their authentic selves and excel in their roles. Various initiatives, including the Women’s Empowerment Network and the Network of Asians Making Strides Together, support different underrepresented groups within the workforce.

Empower has received multiple recognitions for its efforts in this area. In 2023, the Human Rights Campaign named Empower as one of the Best Places to Work for LGBTQ+ Equality. Additionally, it was recognized for excellence in diversity and inclusion by InvestmentNews in 2020.

Table summarizing diversity initiatives:

InitiativeFocus AreaWomen’s Empowerment NetworkSupports women's professional development.Black Organization for Leadership and DevelopmentEnhances leadership opportunities for Black employees.Network of Asians Making Strides TogetherPromotes visibility and development for Asian employees.

Through these initiatives, Empower Retirement fosters an environment of understanding and respect, enabling all employees to thrive and achieve their professional goals.

For further information on care coordination and related topics within senior care, explore our resources.

Career Opportunities at Empower

Empower Retirement provides a myriad of career opportunities across various departments, allowing employees to thrive and contribute to the company's mission of helping clients achieve financial freedom.

Various Departments

Empower offers job positions in diverse areas, enabling employees to choose a path that aligns with their interests and skills. The key departments include:

DepartmentExample Job PositionsPersonal WealthFinancial Consultant, Retirement Plan AdvisorCorporateHR Operations Support SpecialistTechnologySoftware Developer, IT SupportCustomer ServiceClient Support SpecialistOperationsOperations Analyst, Project ManagerSalesSales Consultant, Business Development ExecutiveClient ServicesAssociate Accounts Payable, Account Manager

There are currently 81 job listings available, showcasing the range of opportunities that employees can explore. The company values the empowerment of its employees in their career journeys, emphasizing personal growth throughout their tenure.

Personal Growth Opportunities

At Empower, employees are encouraged to pursue personal and professional development through various avenues. Employees report high satisfaction with compensation and growth opportunities, often recommending Empower Retirement as an excellent workplace [4].

Empower supports employee aspirations by providing:

As employees embark on their professional journeys, Empower's commitment to fostering growth equips them to empower others on their path to financial stability. For more information on financial planning and care coordination, check out our articles on end of life planning and care coordination.

Employee Benefits at Empower

Empower Retirement recognizes the importance of a comprehensive benefits package that addresses both financial and family needs. Their commitment to employee welfare is evident through their various offerings.

Financial Planning Services

Empower provides robust financial planning services at no cost to employees. This initiative aims to help them manage their finances effectively, particularly when preparing for retirement. Employees benefit from a 401(k) match of up to 6%, enhancing their retirement savings potential while gaining valuable insights from financial advisors.

The financial planning services include:

Service TypeDescription401(k) MatchMatch up to 6% on retirement contributionsFinancial AdvisorsAccess to professionals for adviceRetirement PlanningTools and resources for future planning

For more information on planning for later stages of life, check out our article on end of life planning.

Family Support Benefits

Empower supports employees through various family planning and support benefits. This includes assistance that caters to the diverse needs of employees as they navigate different life stages.

Key family support benefits include:

Benefit TypeDescriptionPaid Parental LeaveTime off for new parentsAdoption AssistanceFinancial support for adoption expensesFertility ServicesAssistance for employees seeking fertility help

These programs are part of a larger benefits package that encompasses critical accident and illness insurance, tuition reimbursement, and mental health resources [5].

By offering such comprehensive benefits, Empower ensures that their employees can focus on their personal and professional growth without the added stress of financial or family issues. For further details on care coordination in a family setting, please refer to our article on care coordination.

Community Impact and Programs

Empower Retirement is dedicated to making a positive impact in the communities they serve. Through various initiatives focused on volunteering and diversity, they strive to foster a supportive environment both internally and externally.

Volunteering Initiatives

Empower encourages its associates to engage actively in their communities. In 2023, 19% of all associates volunteered, donating a remarkable 36,104 hours to various causes. The company also contributed $4.1 million to nonprofits, supporting 1,904 organizations in the process [6]. This commitment not only strengthens community ties but also enhances team cohesion among Empower employees.

YearVolunteering HoursNumber of Nonprofits SupportedDonations to Nonprofits202336,1041,904$4.1M

Diversity and Inclusion Programs

Diversity and inclusion are core values for Empower. The company actively supports societal advocacy and community support, ensuring a diverse and inclusive environment [2].

Empower launched a Neurodiversity at Work program in 2022, which led to 17 participants and the offering of full-time positions to 9 apprentices. In 2023, 11% of company spend was directed towards diverse suppliers and small businesses as part of their Supplier Diversity Program.

Additionally, Empower collaborates with organizations such as Wall Street Bound, HACE, and the Association for Wholesaling Diversity to recruit a diverse workforce. This commitment reflects the company's dedication to uplifting various communities and ensuring representation across all levels.

Through these community impact programs, Empower not only enhances its organizational culture but also significantly contributes to the broader society, aligning with their mission to provide empowering retirement careers. For more information on senior care and related topics, visit our sections on end of life planning, care coordination, and more.

Empower's Recognition and Growth

Awards and Accolades

Empower Retirement has received numerous awards acknowledging its outstanding workplace environment. These recognitions not only highlight the organization's commitment to fostering a positive work culture but also demonstrate its dedication to diversity and inclusion. Some of the notable accolades received by Empower include:

Award/RecognitionYearHuman Rights Award2023Financial Services Top Workplaces2024Top Workplaces by The Denver Post2024Top Workplaces by USA Today2024Best Place to Work for LGBTQ+ Equality2023Best Place to Work for Disability Inclusion2020

Empower supports various initiatives aimed at enhancing workplace diversity through programs like the Women’s Empowerment Network and the Black Organization for Leadership and Development. This commitment to inclusivity has contributed significantly to its positive recognition in the industry.

Financial Success and Growth

Empower has strategically focused on integrating technology and innovation into its retirement services. This approach has allowed the company to create exceptional value for plan sponsors, advisors, and participants. Since the acquisition of Personal Capital in 2020, Empower has improved its capabilities in delivering tailored financial plans through enhanced insights and collaborations [7].

The consistent focus on technological advancement and personalized service has led to significant growth in assets under administration (AUA). This trajectory not only highlights Empower's financial achievements but also underscores its role as a leader in the retirement industry. The company achieved a significant milestone by managing over $1 trillion in AUA, demonstrating its strong market presence and commitment to client success.

For further insights on senior care opportunities and resources, visit our articles on end of life planning and care coordination.

References


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