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And six months into my self-imposed sabbatical, I went to work for WestRock, well, Rock Tenn. And I told every person I touched, "Here's how it was resolved. Freddie Mac pays an average salary of $102,907 and salaries range from a low of $89,555 to a high of $118,020. And I remember interviewing, and so the kids noticed that I was traveling for this interview or that interview. 14 0 R] I sat down once to figure out, how many organizations does that mean I've worked through, right? Jacqueline Welch: So, Freddie Mac was chartered by Congress in 1970 to bring accessibility, affordability, and liquidity to the secondary mortgage place. 0000002782 00000 n stream >> Freddie Mac Average Salaries | Salary.com << We use cookies and similar technologies to recognize your repeat visits and preferences, as well as to measure and analyze traffic. strategy and execution. scusiamo se questo pu causarti degli inconvenienti. Jacqueline Welch email address & phone number | Freddie Mac SVP, Chief << 15 0 obj "Absolutely!" 6 0 obj What have I done? For more information on iRelaunch, go to iRelaunch.com. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. But to your question, do they remember it? Nous sommes dsols pour la gne occasionne. /Subtype /Image para informarnos de que tienes problemas. Get Jacqueline Welch's email address (j*****@freddiemac.com) and phone number (678-232-..) at RocketReach. I really sort of backed into that. Diversity Leader 2018-19 by Diversity Journal - Issuu /Subtype /Type1 yks0.%'\_35 ;BZ#k*4oAe_g42 dcwO)>LgsG;h1os?bse3Q}soeWGhO0%x_(guX [kZ%AFh3:(-Dxfv4! Prior to Turner, she worked for organizations such as WestRock (formerly Rock-Tenn Company), Accenture (formerly Andersen Consulting) and Willis Towers Watson (formerly Towers Perrin). per informarci del problema. Welch, who joined Freddie Mac in December 2016, has more than 20 years of experience in HR strategy and execution. ] And in preparation for this, I was thinking, how to talk about when one's career actually began. Like I said, I accidentally became a consultant, but I had been more thoughtful about it, I would have gone, why didn't I just call Accenture and say, "Hey, look, I don't want to join a firm, but to the extent that you're looking for individual contributors in this emerging gig economy, I could do some work for you in that capacity.". Senior Executive Vice President & Chief Human Resources Officer , Disney . << If you have a list of companies, you can start looking at, well, who knows somebody in that company? 12 0 obj It's not to say, "If it doesn't show up in exactly this way, I'm not going to pursue it." Freddie Mac . << /A << Two years of that being really all I was doing, and then, an interesting thing happened again, just in the spirit of full transparency of things. ein Mensch und keine Maschine sind. /Source (WeJXFxNO4fJduyUMetTcP9+oaONfINN4+d6p3rC1JXse9EuEATviVOw1CEAqz1NpB9khgm8VtCFmyd8gIrwOjQRAIjPsWhM4vgMCV\ Jackie, before we get started in talking about your relaunch success story, can you just give our listeners a little background about Freddie Mac? And you need to take every call for two reasons: one, to understand where your skill set fits into the current marketplace. The New York Times Company Appoints Jacqueline M. Welch as Executive She took a four year career break and we are going to talk about her relaunch success story. /S /URI And partly what I need to say here is, I'm first generation American, my family are immigrants from Central America. in Government, News January 14, 2018 2,876 Views. defendants - appellees. I did also have a list of companies that I was interested in. "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.". "@qpm+,TAv 7f'h1r0bap(0W/I 0*r-nEe+~a-`{3:H-;tI_3qMz7:{7tJ_1 um ?wu}E*k|^\vy|z/|S#rdRLwFyOE*|,=_;$1!^K\pjb-> 'P^ ?|K-fo? 0000003247 00000 n McLean, Virginia headquartered, Freddie Mac, has appointed Jacqueline M. Welch as head of the Human Resources, Diversity & Inclusion (HRDI) division and Chief Diversity Officer (CDO). As head of HR, Welch will be responsible for all HR functions, including performance management, compensation, and learning and development. Jacqueline Welch: Hello, thank you so much for having me. 1991 Crocker Rd, Ste #600PO Box 45605-0605Westlake, OH 44145, Advocating for Yourself: Bhavana Bartholf. That's how you keep track. endstream Freddie Mac announced today that Jacqueline Welch will lead the company's human resources, diversity and inclusion division and serve as its chief . /SMask 17 0 R But if you create space to do that inventory-taking as it were, then when you find yourself in whatever scenario, you're not scrambling. 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. "Oh, you made this introduction. excuses voor het ongemak. Si continas viendo este mensaje, Carol Fishman Cohen: Yeah, exactly. << She also had oversight responsibility for Freddie Macs corporate community engagement program and their 10 employee resource groups. And in my case, at this point, there are any number of search professionals whom I have "helped," that they think of when these great jobs take place or come available. And so I sat down and did what most people do when they're thinking about what's next for their career, and made all kinds of lists. And then the meteor relaunch story starts there. Like, literally get up in the morning, get the kids fed, get them to school, come back, get dad dressed and fed and ready to take him to his various therapies, get him home in time for lunch and fed, then turn around and go get the kids, get them to their various locations, get them home and fed, homework, get back to dad, feed dad. 2,888 Views. And she would tell all her colleagues, "My daughter's coming to work." And then I'd never, aside from having a mortgage, I didn't know anything about the mortgage business. In her expanded role as senior vice president of HRDI and CDO, Welch will be a member of the company's senior operating committee and will report directly to CEO Donald Layton, the company said in a release. And certainly because of their tech savviness, "Go look this up for me and tell me what you find out" or, "Look up this person's name and see what you get.". But to your point, the whole idea of, "Oh, this is where mommy goes every day." 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. 0000010123 00000 n Or was there a sort of a learning curve period? /Info 3 0 R Jacqueline Welch, Senior Vice President, Human Resources, Diversity >> Jacqueline Welch: Thank you for that. And it starts to give you a way to put yourself back into the open market. I'll do that." New York Times HR chief shares the 3 relationships everyone needs at And so it behooves any organization to include relaunchers in that talent pool. The estimated base pay is $186,877 per year. In her expanded role as SVP of HRDI and CDO, Welch will be a member of the company's senior operating committee and will report directly to Freddie Mac CEO Donald H. Layton. Can you give us some background and walk through what your career was before you took your career break? A worker with the title senior software engineer salary at Freddie Mac can earn an average yearly salary of $122,721. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on SMS (Opens in new window), 2006-2023 HW Media, LLC. I'm putting this language in this process and this is how, but it was really just things unfolded. /Height 106 And at that point, I did have some capacity, because again, daddy was a lot more healthy and less dependent on me as his primary caregiver. in Government, News The Federal Housing Finance Agency acted to circumvent a congressionally mandated limit of $600,000 on CEO compensation at Fannie Mae and Freddie Mac when it approved plans last year to pay top . 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. Average Freddie Mac Salary | PayScale /Rect [57.125 385.925 139.05 396.925] But while it was happening, I don't know that they were making that comparison and contrast. Carol Fishman Cohen: Excellent. Freddie Mac gets diversity right. DS5: What Does Economic Recovery From COVID-19 Look Like? You've shared so much incredible advice, but if you could pick one piece for our relauncher audience. They're now 13 and nine, but going backwards, obviously they were a lot younger then. Media: Eileen Murphy, eileen.murphy@nytimes.com or Danielle Rhoades Ha, danielle.rhoades-ha@nytimes.com. You just figure out the age appropriateness determines what level of involvement they have. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. I've left Atlanta, I'm in a new place. Disculpa How much does Freddie Mac pay? /Rect [407.075 395.925 462.4375 406.925] Carol Fishman Cohen: It's such an important point. 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! I go, "I don't care how committed you are to your current organization. They don't remember it as the time mommy was relaunching, what they remember is, "Remember when we could go anywhere, anytime?" /Pages 2 0 R To help us tackle this big question is Jacqueline Welch, who is the senior vice president, chief human resources officer and chief diversity officer at Freddie Mac. 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. So, you have to close out those loops. June 29, 2022 . So we had the short list of, where would I go? Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie And one friend in particular called me one day and said, "I have this piece of work. Literally sit across from someone and practice the discomfort of the silence. Freddie Mac announced today that Jacqueline Welch will lead the companys human resources, diversity and inclusion division and serve as its chief diversity officer. /Type /Action And again, I'm not holding myself out as this exemplar. 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. And can you just talk about, maybe break it into two sections? Welch earned a Bachelor of Arts degree in English from Syracuse University in New York and a Master of Science in Human Resources Management from the Milano Graduate School, also in New York. So for our interns, we're actually going to do a take your parents to work day. /Border [0 0 0] And we're headquartered here on a four building campus in Northern Virginia. By the way, and I think the other thing I would suggest is when you come back, use "I'm new" for at least a year. What does it do? /Type /Annot And then stop talking. I think people arrive at this decision to sidestep or get off the career ladder for any number of reasons. To your point, when we were thinking about what next, we involved them at their level of understanding. Job Title. My husband and I didn't have any children, and weren't thinking about starting a family. Ms. Welch joins The Times Company from Freddie Mac, where she has served as senior vice president, chief human resources officer and chief diversity officer since 2016. 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. /Filter /FlateDecode /S /Transparency Ms. Welch, 50, will report directly to president and chief executive officer Meredith Kopit Levien. >> yearly. Again, but you live your life forward and you understand it backwards, and I had time and space to do it. Executive Vice President, Global People Division, Walmart . /A << And we made a short list of what our places would be, we wouldn't even have to have a conversation. I do think that day 366, it expires. 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? 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. /Type /Group At the time it was called Rock Tenn Company, it's now WestRock. I knew where she was going. I didn't say, "It's going to cost this much," or "It's going to take this number of hours." Ms. Welch joined The Times from Freddie Mac, where she was senior vice president, chief human resources officer and chief diversity officer since 2016. View Data as Table. /Rect [317.7125 395.925 382.2875 406.925] More than 2,500 employees are active members of ERGs. /Type /Action New York City is a grid system and my parents were very specific with me. Salary. >> /Fit] 0000001249 00000 n It was the combination of the two. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. As a minority majority company, almost half of its employees are women. So again, another piece of consulting work. Did you keep track of all the people that helped you or did you just have an amazing memory? . Even if it's just an exercise, it starts to train the brain to focus. Down Payment Resource Programs Grow Nationwide, JPMorgan Chase Bails Out First Republic, Averting Another Crisis, CFPB Issues Protections for Homeowners Seeking Clean Energy Financing, Rising Rent Leaving Renters Little to Work With, Wells Fargos Chief Risk Officer Mike Loughlin to Retire, Nationstar Elects Bray Chairman of the Board, DS5: Prospective Buyers Turning Reluctant. Jacqueline Welch: And we actually didn't talk about it, and it only occurred to me now when you're asking this question, so I'm glad you did. And as it relates to pay, how that advocacy looks is the following question. Capital Markets Analyst salaries - 12 salaries reported. Carol Fishman Cohen: Wow. Freddie Mac continues to make progress in providing minority-, women-, and disabled-owned businesses with opportunities to support financial transactions. What's my vision for the team that I want to be part of? Aydanos a proteger Glassdoor verificando que eres una persona real. Now, were these things real? in Commerce with a concentration in Accounting and Marketing and an M.A. So he does his best to expose them to, "Yes, I'm doing invoices. Site by, Mike Darne on how lenders can use credit to win more business and improve profitability, Blend CEO on the firms runway, vision and shifting priorities, Logan Mohtashami on why the foreclosure fanatics are wrong (again), CHLA supports changes to CFPB loan originator compensation rule, CFPB proposes rule to bolster PACE loan borrower protections. You need to take every call." Carol Fishman Cohen: You know, I'm hearing so many themes here as you're speaking, Jackie, from "I didn't mean to take so much time," over, "I didn't think or know how much time I was going to take off at the beginning." And then how do you look at it now? The first year you're back, and did it feel like riding a bike again and you just went back into it? Like many, Jacqueline Welch changed jobs in 2021. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe link, found at the bottom of every email. /Border [0 0 0] Welch, who joined Freddie Mac in December 2016, brings more than 20 years . In her role as chief diversity officer, Welch will lead Freddie Mac's diversity and inclusion strategy for its workforce and supplier diversity programs, as well as across business activities. So I wasn't pooling in the way that I'm looking back now and trying to categorize it. A Relauncher is anyone returning to the paid workforce after taking a career break for any reason, whether the career break was planned or not. Carol Fishman Cohen: So this is a very detailed logistics question, but did you keep spreadsheets? Carol Fishman Cohen: Oh, that's great. At the end of the day, we're still all humans and we want human contact. Welch will oversee HR strategies and execution. /S /URI So there was a learning curve of, okay, new industry, understanding the nuts and bolts generally. What is it like being back? 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. /Resources << She is also responsible for the compliance of the diversity reporting requirements required by law and directed by Freddie Macs regulator and conservator, the Federal Housing Finance Agency (FHFA). Carol Fishman Cohen: Well, I'm very excited too, and I'm so grateful for you to spend time with us today. endobj /Subtype /Link 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. Jacqueline Welch: Ma'am, I'm looking at a stack of four notebooks that cover this time or period, 'cause I'm still very much a write things down person. /Type /Font 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. 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.. 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. 4 15 x+2T0 BCc3JLLJ6Up stream 8KvVF/K8leU2tccTbXdR0f3Sj85XftBT5pUpSURGEg=) We are sorry for the inconvenience. A seasoned corporate executive, Ms. Welch joined Freddie Mac with 20 years of experience in H.R. << Ms. Welch, 50, will report directly to president and chief executive officer Meredith Kopit Levien. Prior to Turner, she worked for organizations such as WestRock, Accenture (formerly Andersen Consulting) and Willis Towers Watson (formerly Towers Perrin). And "I need more money" is not a good response. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de team and served as a trusted adviser to its . 14 0 obj What kinds of industries am I interested in? Further, while HR knows the salary history of internal candidates, that information is not shared with hiring managers. 0000002241 00000 n 7 0 obj If there's anything I can do for you or someone in your network, I hope you'll let me know.". /URI (http://ctt.marketwire.com/?release=1327573&id=12485458&type=1&url=http%3a%2f%2fwww.freddiemac.com%2f) What's the worst that can happen? /ID [<4C0F572685458B40F5DDC77FBB5BBAFE> How much do Freddie Mac employees earn on average in the United States? So to preclude any segment of the available talent pool is a self-inflicted wound. She will sit on the companys executive committee and lead its Talent & Inclusion department when she joins The Times on Jan. 11, 2021. $81,816 / yr. Development, Senior salaries - 79 salaries reported. And so before I knew it, I had a consulting business. Jacqui will be an essential partner to me and the senior leadership team as we continue to transform the company and our culture with operational excellence and diversity, equity and inclusion at the heart of all we do., Ms. Welch said, The New York Times is an indispensable institution with a vital mission. This was long before there was any take your daughters to work day or take your daughters and sons day, right? How do you want to do it? But, in hindsight that consulting situation was very Yeah. Freddie Mac developed qualified diverse . 0000003051 00000 n 0000001977 00000 n Those are very nice things to say, and so thank you, period. So that's another thing I would say is, don't wait till you have to go back to work. Does that make sense? PDF UNPUBLISHED - ca4.uscourts.gov And they would come up with these tasks for me to do, like I would file, I would type envelopes and they would pay me. 8 0 obj 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. Freddie Mac Names Jacqueline M. Welch Head of Human Resources Now, turning to your personal story. Director salaries - 100 salaries reported. << In this role, she has led a team that improved and evolved all aspects of the human resources function, from equitable pay practices, talent acquisition, talent development, organizational development, performance enablement and diversity, equity and inclusion. Se continui a visualizzare I left Turner. Moving the Housing Market Forward. 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. Jacqueline Welch: What is the range of pay for this position, and what do you need to see me do or know what I have done to be at the top end of that range? If you continue to see this Much of the work is driven by employee resource groups (ERGs) and division-specific D&I committees. I'm going to want to, "Okay. /Border [0 0 0] By submitting this form, you are consenting to receive marketing emails from: iRelaunch LLC, Miami Metro Area, Miami, FL, 33410, US, http://www.irelaunch.com. Website: www.freddiemac.com. How Much Does Freddie Mac Pay in 2023? (4,428 Salaries) And I would explain, "Yes, mommy's looking for a new job." 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. 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. 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. 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. So think about, recycle your skills for your own advantage. og) The other thing I would say is, and again, this may not be applicable to everyone on the phone, but at a certain point in your career, you start getting called by search professionals. Ms. Welch joins The Times Company from Freddie Mac, where she has served as senior vice president, chief human resources officer and chief diversity officer since 2016. ^8$2020L ? Just let the person dignify the question. 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. Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head And they won't even have the conversation. << Thank you, that's super helpful. And at the same time as our children were starting to matriculate and have higher needs from us as parents, my dad got ill. She began her career in New York at Lord & Taylor as a merchant. 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. 5 0 obj Profiles in Diversity Journal is dedicated to promoting and advancing diversity and inclusion in the corporate, government, nonprofit, higher education, and military sectors. You can contact her at, theMReport.com copyright 2023 is a registered trademark of The Five Star Institute, Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head. Freddie Mac's head of human resources on how companies can support Does this sound like you? Media: Eileen Murphy, eileen.murphy@nytimes.com or Danielle Rhoades Ha, danielle.rhoades-ha@nytimes.com, The New York Times Company Appoints Jacqueline M. Welch as Executive Vice President and Chief Human Resources Officer, https://www.businesswire.com/news/home/20201117005321/en/. But you've got to have something set aside because you can't plan for everything. (#~s\vMtD>X8Xn(F6&d=?}w'{Fy~ ]o K\'xgy! Jayne Parker. So thank you for the work that you've done in this area. >> So, if you already have the relationships built from before, wow, that's a great piece of advice. jacqui welch freddie mac salary. For more great guidance on your relaunch and updates on when return to work programs are accepting applications, events for relaunchers and more, be sure to sign up for our Return to Work Report and follow us on social media to stay informed! /H /N I was just like, "Oh, when do you need it by? Welch joined Freddie Mac in December 2016 and brings more than 20 years of experience in HR strategy and execution to the company.