Jacqueline M. Welch is senior vice president of the Human Resources, Diversity & Inclusion (HRDI) division and chief diversity officer of Freddie Mac.She is a member of the company's senior operating committee and reports directly to CEO Don Layton.. As head of HRDI, Welch delivers business and subject matter leadership, strategy and execution to the senior leadership team on organizational . Meet the iRelaunch team and advisory board, learn about our company, its mission and vision for the future, read about us in the news or get in touch with us! And it was such a vivid memory. Senior Executive Vice President & Chief Human Resources Officer , Disney . Because that's what I learned to do in consulting. The financial transactions pillar, unique to those in the financial services industry, is focused on promoting the use of diverse firms in capital markets transactions. ] Beyond TRID: Safeguarding compliance on every loan, Opinion: Setting the record straight on mortgage pricing, Mortgage fintech Maxwell launches SSO tool for lenders, Recognizing ROI: Improve Margins with a Connected Transaction, A guide to optimizing client engagement and communication. And I would do that every day for two or three hours, like a job. /ID [<4C0F572685458B40F5DDC77FBB5BBAFE> Lamentamos /Border [0 0 0] Thank you for saying that. Jacqueline Welch: So, Freddie Mac was chartered by Congress in 1970 to bring accessibility, affordability, and liquidity to the secondary mortgage place. endobj >> Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. And so now early experience to me, 'cause I go, I know the second my children start to work.. I'll do that." It has nothing to do with Atlanta. And so between my time at Towers Perrin and combining that with my time at Anderson Consulting, I literally walked the halls of more than 50 different companies across industries, some domestic, some international, main industry. From there, part-time at night while working at Lord and Taylor, I earned a master of science degree in human resources. I'm excited by the work that Freddie Mac has already done to foster an organizational culture that competes and wins, and I'm ready to push that strategy forward, said Welch. She serves on the Boards of Habitat for Humanity of Northern Virginia, the Human Resources Policy Association and Buckman. I do my best, the kids come to work with me. So at some point you're doing the math and you're thinking, "Yeah, I have to get back to work." Freddie Mac. board of directors; greg watchman; jacqui welch; elise cocks; jonmichael monheim; justin thivener; faud chaudry; the washington dc office of the equal employment . And like I said at the start of our conversation, I'm very much a corporate person. /Type /Group << I was committed to the idea that I would take however much time was necessary to get my father back to a healthy place. Previously, Welch worked for organizations such as West Rock (formerly Rock-Tenn Company), Accenture (formerly Andersen Consulting) and Willis Towers Watson (formerly Towers Perrin). My intention was to take a year off. And then if they give you the range and say, you're here, then either you accept that or you go, "Well, no, I see it differently. Carol Fishman Cohen: Excellent. And so quite literally, there would be in a notebook, a section called Carol Fishman Cohen, it would record the outcomes of our conversations. I look forward to working with my colleagues in the stewardship of our mission, the cultivation of our culture and finding and keeping the best available talent in the business.. /Rect [57.125 385.925 139.05 396.925] I left Turner. /Type /Annot /MediaBox [0 0 612 792] $81,816 / yr. Development, Senior salaries - 79 salaries reported. I'll do that." Media: Eileen Murphy, eileen.murphy@nytimes.com or Danielle Rhoades Ha, danielle.rhoades-ha@nytimes.com. Our flagship event brings together high-caliber professionals seeking to return to the workforce after a career break - for childcare, eldercare, personal or family health issues or other reasons - with employers interested in recruiting them. >> So when they hear that mom's at work, they actually have a visual for what that means. And what is the next level of relationship that I have to establish? Literally sit across from someone and practice the discomfort of the silence. strategy and execution. The New York Times Company has appointed Jacqueline M. Welch as Executive Vice President and Chief Human Resources Officer. "Oh, you made this introduction. I love it. If there's a skill set you possess that can help us advance the business, we're going to go after that pool of available talent. So use that to your advantage. And she says, "Well, how about we carve out some blocks while I'm still looking for this perfect person, this unicorn, that you can help me keep the momentum going." She will sit on the companys executive committee and lead its Talent & Inclusion department when she joins The Times on Jan. 11, 2021. /ColorSpace /DeviceRGB Now, were these things real? /P 7 0 R The estimated total pay for a Director at Freddie Mac is $328,544 per year. And so once I got my dad to a place where he was independent again, and we had a good medical prognosis, that was probably about two years. This is your host, Carol Fishman Cohen. /H /N Investors: Harlan Toplitzky, harlan.toplitzky@nytimes.com The estimated base pay is $127,673 per year. And so I want that experience for my own children. I joined in 2008, I left in 2013. 4 0 obj And be sure to share this podcast with a friend on Facebook, Twitter, and other social media. Carol Fishman Cohen: So this is a very detailed logistics question, but did you keep spreadsheets? Can you help me behind the scenes, cobble together a framework for XYZ?" So you now have information in terms of what you're looking for and it's now your responsibility to go, "Actually, I've done that. Publicity Services and Private Recruiting Events, Men Who Relaunch: No Longer a Parenthetical, an iRelaunch White Paper, The Business Case for Employer Return to Work Programs, iRelaunch Return to Work Conference May 2023, EP 261: Redefining Career Paths in Terms of Life Stage, not Age, with Susan Golden, EP 260:Taking a Break from a Prolonged Job Search Led to Getting Hired, with Amy Miller, rebroadcast, iRelaunch Return to Work Conference October 2023. If anything, doing some tweaks around the edges as it were, right? "I'm still new," and you can see people's faces soften, "She's still new." "So it's vitally important that we enable our diverse perspectives to drive the execution of the company's top goals of building a better company and a better housing finance system. So use it. It was fantastic. It was the combination of the two. So she would take me to work and she would set up a card table for me and she'd make a little name tag for me. I can't work for that. /E 20595 But I am making that observation for others. She served as a trusted adviser to its board of directors and the executive team. . And so that began an almost six years stint with Turner Broadcasting. Freddie Mac employees with . I go, "I don't care how committed you are to your current organization. /T 20936 Ms. Welch earned a Bachelor of Arts degree in English from Syracuse University and a Master of Science in Human Resources Management from The New Schools Milano School of Policy, Management and Environment. Aydanos a proteger Glassdoor verificando que eres una persona real. As Freddie Mac continues to evolve, we are more sharply focusing on inclusion. I also want to make the distinction that if it were just that our children were young, I don't know that I would have self-imposed any kind of sabbatical. ^8$2020L ? Salaries at Freddie Mac range from an average of $66,885 to $151,869 a year. at, Human Resources Management/Personnel Administration, Vice President, Multifamily Investor Relations, Vice President, Multifamily Capital Markets, Senior VP & Chief HR Officer of Cox Media Group, Senior Vice President of Human Resources of Orbital ATK, Senior Vice President, Human Resources of Urban Company, Chief Human Resources Officer of WS Audiology, Senior Vice President, Human Resources, Diversity & Inclusion and Chief Diversity Officer, VP, Employee and Organizational Effectiveness, Intelligent Assistance and Bots Ecosystem. She served as a trusted adviser to its board of directors and the executive team. There's too much. And so I don't know, but I don't want to raise my children in that kind of environment." I was a buyer with Lord and Taylor in New York City, which is where I was born and raised. It's not to say, "If it doesn't show up in exactly this way, I'm not going to pursue it." How do you want to do it? Now I say, "Well, you do know I do work and I have an allotment of vacation days." So, my husband and I sat around the proverbial kitchen table and decided, if there were ever a time our whole family would benefit from one of us being home full time, that was the time. If there's anything I can do for you or someone in your network, I hope you'll let me know.". Prior to Freddie Mac, she served as senior vice president of . Senior Vice President, Human Resources, Diversity & Inclusion and Chief Diversity Officer Ms. Welch, 50, will report directly to president and chief executive officer Meredith Kopit Levien. In 2018, Freddie Mac launched a new board-approved diversity and inclusion strategic plan, defining three pillars to focus its D&I efforts: The organization worked to develop and sustain a pipeline of diverse applicants, while promoting an inclusive culture that enables employees to bring their whole selves to work. And anytime it was a company that looked promising, we'd go to the website and I'd say, "Here's what they do," just to get them grounded on whats commerce and economy. In her expanded role as senior vice I would have to do it before the streetlights came on and still get my homework done before bedtime. And I would explain, "Yes, mommy's looking for a new job." View Data as Table. Welch began her career as a merchant with Lord & Taylor, then a division of The May Department Stores. Ufg>r)A)zl#FA. You do realize that." Welch, who joined Freddie Mac in December 2016, has more than 20 years of experience in HR strategy and execution. /XXAlt (Freddie Mac Logo) So that's another thing I would say is, don't wait till you have to go back to work. How do you transition from QC defense to offense? I think now, retroactively appreciating, "Wow, my mom was home for four years." Jacqui is an experienced and dynamic executive with a track record of success leading human resources work and Im so pleased she is coming to The Times to assume this critical leadership position, said Ms. Kopit Levien. A worker with the title senior software engineer salary at Freddie Mac can earn an average yearly salary of $122,721. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de She is the right person at the right time to help Freddie Mac improve the quality and diversity of our workforce and the culture in which we operate, , said Layton. /Type /Annot to let us know you're having trouble. Okay, Jackie, one more question before we close, and that is you're a relauncher and we're interested in, how does that influence how you look at relaunchers as potential hires? And in preparation for this, I was thinking, how to talk about when one's career actually began. in Government, News She served as senior vice president for international human resources for Turner Broadcasting System from 2010-2013 and was senior vice president, talent management and diversity, from 2008-2010. . jacqui welch freddie mac salary. I'm going to want to, "Okay. I think people forego the "ask for a favor" element of it. I'm heading to Freddie Mac to do X, Y, Z. 0000002241 00000 n So there was a point at which I went, "Okay, I need to start putting myself out there," parenthetically and if were speaking in terms of finding another full-time opportunity. I sat down once to figure out, how many organizations does that mean I've worked through, right? Please enable Cookies and reload the page. "Y$?'Yy~n}ryrmn| xp=T Based on what I know about you, are you willing to make these kinds of introductions for me?" Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Welch, who joined Freddie Mac in December 2016, brings more than 20 years . 0000001363 00000 n Carol Fishman Cohen: Wow. And as it relates to pay, how that advocacy looks is the following question. Limit the Use of My Sensitive Information. Post open roles and connect with top relauncher talent! You might be okay with that, but just recognize it's a data point. "Absolutely!" /Group << And she's also a relauncher, and we're deep into talking about Jackie's relaunch success story. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. team and served as a trusted adviser to its board of directors and the executive team. endobj Because of the consulting, I understood the rhythm and cadence of a workplace, so that wasn't much to get used to. /S /URI Freddie Mac developed qualified diverse suppliers through its Vendor Academy program and by ensuring diverse suppliers are included in the bidding process, which has ultimately increased its diverse spend18.9 percent of total enterprise spend was with diverse suppliers in 2018. /Resources << We at iRelaunch recently partnered with Freddie Mac on a career reentry event that we held at Freddie Mac headquarters. View Data as Table. So this idea of work has been ingrained in my DNA for a really, really long time. Like many, Jacqueline Welch changed jobs in 2021. %PDF-1.4 More than 2,500 employees are active members of ERGs. Headquarters: McLean, VA /L 21064 Join our growing relauncher communities on Facebook and LinkedIn. Were very excited to have Jacqui succeed to the leadership of our HRDI division and serve as our CDO. per informarci del problema. /Type /Annot She also had oversight responsibility for Freddie Macs corporate community engagement program and their 10 employee resource groups. /Border [0 0 0] 0 They're now 13 and nine, but going backwards, obviously they were a lot younger then. /Subtype /Link And the idea that you're thinking, what's the narrative here, that I have walked the halls of 50 companies during my seven years of consulting to think about putting it in that language. So that aside, having now relaunched myself twice, this is a population that's battle-tested and we're not teaching folks how to come to work for the very first time. envie um e-mail para Jacqueline Welch: Hello, thank you so much for having me. A seasoned corporate executive, Ms. Welch joined Freddie Mac with 20 years of experience in H.R. 5 0 obj /A << January 11, 2018, 1:27 pm By Caroline Basile. It was just impractical. Si continas viendo este mensaje, And in terms of what that was like, it was a complete, full time house, spouse and caregiver. /Type /Action I really sort of backed into that. Although now it's hilarious to me because my husband would quite literally have to remind me to invoice people. /H [1363 161] 6 0 obj Its vitally important that we enable our diverse perspectives to drive the execution of the company's top goals of building a better company and a better housing finance system. /P 7 0 R 12 0 obj And so I fondly refer to myself as the reluctant consultant because that happened, and then it happened again, and then it kept happening. The average Freddie Mac salary ranges from approximately $66,000 per year for Technician to $201,566 per year for Director of Engineering. If you continue to see this By clicking I Accept on this banner, you consent to the use of cookies unless you disable them. << What kind of person do I want to work for? message, please email /Subtype /Type1 The CHLA wants additional loan originator compensation flexibility in a few specific areas, according to a letter submitted to the CFPB. 0000003368 00000 n And you hear this from relaunchers, you think you're only going to be out for a year or two and you were out for about four years. And we're headquartered here on a four building campus in Northern Virginia. And when I completed that degree in 1995, back when dinosaurs were still roaming the earth, I left New York and moved to Atlanta with the idea of joining a consulting firm. Learn about the various ways in which we collaborate with our partners to share knowledge and connect relaunchers to valuable resources and advice. Did you have family meetings about this big change in everyone's routine? Ms. Welch earned a Bachelor of Arts degree in English from Syracuse University and a Master of Science in Human Resources Management from The New Schools Milano School of Policy, Management and Environment. So that's when the real relaunch story, I think for purposes of this conversation, began. So there was a learning curve of, okay, new industry, understanding the nuts and bolts generally. But to your question, do they remember it? 9 0 obj Today we welcome Jacqueline Welch, the chief human resources officer and chief diversity officer of Freddie Mac. Jacqueline Welch: Thank you for having me. Jacqueline M. Welch is senior vice president of the Human Resources, Diversity & Inclusion (HRDI) division and chief diversity officer of Freddie Mac. It is a $2 trillion balance sheet organization. The other thing that's important to say, 'cause I feel like I'd be a complete fraud if I didn't say it is, I had money. Freddie Mac gets diversity right. So I wasn't pooling in the way that I'm looking back now and trying to categorize it. These are the kinds of things I'm thinking of; 3. I've left Atlanta, I'm in a new place. And here's why," and be prepared. And so it behooves any organization to include relaunchers in that talent pool. At the time it was called Rock Tenn Company, it's now WestRock. Thank you. << It's really powerful. startxref I would show up and they'd be like, "I'm going to pay you $5 if you'll file for me." I look forward to working with my colleagues in the stewardship of our mission, the cultivation of our culture and finding and keeping the best available talent in the business.. Again, but you live your life forward and you understand it backwards, and I had time and space to do it. /S /Transparency Jacqueline M. Welch became executive vice president and chief human resources officer in January, 2021. But while it was happening, I don't know that they were making that comparison and contrast. That first year was really, and I would encourage people when you're leaving, to prioritize, What do I need to learn? Have a sense of, How do I want to approach this? And then hit the ground with, Who can help me with this? Who can help me understand the economic model for making money around here? Who can help me understand what's the school system? Make those lists of, What do I need to know? Try to clump them in a way that's manageable, and then be about the business of finding resources that can get you confident. 16 0 obj Get Jacqueline Welch's email address (j*****@freddiemac.com) and phone number (678-232-..) at RocketReach. /S /URI (#~s\vMtD>X8Xn(F6&d=?}w'{Fy~ ]o K\'xgy! 15 0 obj I got recruited from Towers Perrin to join what was then Anderson Consulting and subsequently became Accenture. And my first job was with Towers Perrin, what was then Towers Perrin eventually became Willis Towers Watson. Jacqueline Welch: I was just about to say that. verdade. Carol Fishman Cohen: And, I love the way you brought your kids into the process. So an incredible source of talent, be it moms or dads who are coming back after taking care of children or elder care or themselves, military veterans, people who are just looking to reconfigure how they've approached their career and repurpose prior skill sets, it's all talent. So I left what was then Anderson, or at that point had become Accenture, and my plan was to take a year off in fact. Studies show that women and minorities may be disadvantaged by having to report salary history, and the organization has done away with the practice of asking for salary history across the enterprise. Website: www.freddiemac.com. para nos informar sobre o problema. Which I think is becoming more and more easy to do because we're all getting socialized to the gig economy and gig workers. Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head. "To be on the side of an institution that really is doing its best to uphold the public trust feels like a high calling," says Welch of her role as head of HR and wellness at The New York Times. Although I don't know if I should say that on public record because the IRS might try to come and retroactively get some FICA from me. naar So there's a lot there about who you were as a professional before you took your career break and people having that frozen in time view of you, when they reconnected for these consulting opportunities. That question got answered for me. And this for us is a huge consideration, our children are young, we're African-Americans. /Prev 20926 I don't hear that said often enough now, particularly to young people. >> HW Media connects and informs decision makers across the housing economy. /Subtype /Type1 She began her career in New York at Lord & Taylor as a merchant. They have the information. /Length 6536 endobj Carol Fishman Cohen: And thanks for listening to 3,2,1 iRelaunch, the podcast where we discuss strategies, advice, and success stories about returning to work after a career break. It was practical, again, working class, there's no nanny that stays home if school closes or what's going on. Does that make sense? www.vbprofiles.com is now www.topionetworks.com. So think about, recycle your skills for your own advantage. And then the meteor relaunch story starts there. Jacqueline Welch, Freddie Mac's SVP of HRDI and chief diversity officer, sees . . >> So then their career break gets extended. Job Title. So to preclude any segment of the available talent pool is a self-inflicted wound. We've talked about that at the very front end. This was long before there was any take your daughters to work day or take your daughters and sons day, right? And partly what I need to say here is, I'm first generation American, my family are immigrants from Central America. What's the worst that can happen? I didn't say, "It's going to cost this much," or "It's going to take this number of hours." But it was that vague. Carol Fishman Cohen: Excellent advice. It's relaunchers, it's people that are on the spectrum for autism, it's the whole ball of wax. They were almost invested alongside you because you were talking about your interviews and researching those companies online with them and getting their feedback, even if you weren't maybe taking their feedback because they were young. Does this sound like you? /CS /DeviceRGB Further, while Human Resources knows salary history for internal candidates, we do not share it with hiring managers when they are considering those candidates.
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