What Employees Say
People here are given a lot of responsibility.
Management is honest and ethical in its business practices.
I am able to take time off from work when I think it's necessary.
I feel good about the ways we contribute to the community.
I can be myself around here.
What They Do
We asked Lenox Advisors, Inc. to explain what they do. Here is what they had to say.
Lenox provides comprehensive wealth management to individuals and families. Whether you’re focused on family, career, retirement, community involvement, or some combination of these goals, we provide expert guidance tailored to specific needs—distinguished by a personal touch and exceptional service.
About this Company
| Website: www.lenoxadvisors.com|| Industry: Financial Services & Insurance|
| US Headquarters: New York, New York, 10036|| US Sites: 5|
| Major Locations: Chicago, Illinois, 60606; Los Angeles, California, 90071; San Francisco, California, 94111; Stamford, Connecticut, 06901|| US Employees: 146|
| Corporate Structure: Private|| Founded: 1999|
Perks and Programs
We asked Lenox Advisors, Inc. to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.
- The Lenox Spotlight: This "peer to peer" award is for employees to nominate their counterparts for outstanding partnership and support. We recognize those who truly embody the Guiding Principles and celebrate those award winners through desktop certificates and online promotion. Winners are recognized at our Mid-Year and Year-in-Review events.
- The Lenox Standing Ovation: The "Standing Ovation" Award is given from a Manager to any employee for performance above and beyond expectations who truly embody our Guiding Principles. Award winners are celebrated through desktop certificates, online promotion and a monetary award from $100 to $2,000. Winners are recognized at our Mid-Year and Year-in-Review events.
- The Lenox Foundation & Charitable Program: The Lenox Foundation is a charitable organization for Lenox employees designed to bring the team (management & employees) together regularly to voluntarily participate in giving back to the community through time & fundraising. In 2017, we participated in over 20 teambuilding charitable events throughout our regional offices. Through Toys for Tots we collected over 200 toys from our New York and regional offices. During Operation Backpack we collected over 65 backpacks and also participated in the sorting day. Other charitable teambuilding activities included the JPMorgan Corporate Challenge, Cycle for Survival, and the NY Cares Coat Drive. We served dinners at Ronald McDonald and Covenant House, served lunches at the Commonwealth Veterans residence, participated in the Light the Night Walks, Red Nose Day and more.
- Gift of Giving Award: This Gift of Giving award is an annual award that honors the selfless volunteer efforts of a Lenox team member who gives their time to serve charitable causes in their community. Winners are announced at the annual Year-in-Review event and their charity is awarded $1,000 on their behalf.
- Lenox Summer Hours: From May through September, all employees work a compressed workweek and enjoy Friday afternoons off.
- Wind Down Wednesdays: During the months of September through December, every Wednesday following a financial business close, all employees are invited to gather for a special lunch to celebrate their hard work. Each lunch features a special menu. Employees have the opportunity to vote for their favorite lunch.
- Skip-Level Lunches: Every month, a Managing Partner has lunch with a small number of employees to give them the opportunity to speak to senior management and spend time with their colleagues. The conversation is open, direct and informal. Employees are encouraged to ask questions and share suggestions. Feedback and themes from the lunches are gathered and used to guide future programs/initiatives.
- Mid-Year and Year-in-Review: Twice a year, the company brings all employees together to provide an update on our business and spend time together as a team through the Mid-Year and Year-in-Review events. In 2017, the Mid-Year was held on a Private Yacht. The team enjoyed a fun afternoon cruising the Hudson River while having a variety of food and drinks along with dancing to live entertainment. The Year-in-Review is our annual recognition meeting where we come together to review our full year financials, our future projections and recognize our year-end promotions. It is an afternoon and evening to celebrate our success and our people.
- Sporting Event Rewards: Lenox gains access to popular sporting events & venues in our office locations with the objective of recognizing employees & departments for special "above & beyond" performance and teamwork. Not only does this recognition provide a reward of time and fun outside of the office at an event they may not otherwise have the opportunity to access, it often also provides departments with the opportunity to enjoy a unique event together and build stronger working relationships.
- Professional Development: Giving employees resources to invest in their growth is critical to their professional and personal development. Lenox offers online training to all employees and managers as well as Lunch and Learns on specific products offered by the company. The Emerging Leaders Program offers managers the ability to enhance their leadership skills through a seven-course program. After each manager completes the program they join the Emerging Leaders Alumni Group to share ideas and best practices. The Alumni Group also provides words of wisdom and advice regarding the complex world of leadership and management.
COMPENSATION BY THE NUMBERS
| 3% Match of employee’s 401(k)/403b contribution up to 6% of salary||80% Company-paid health coverage for employees (for Full Time Employees)|
| 80% Company-paid health coverage for dependents (for Full Time Employees)|| 80% Company-paid health coverage for part-timers|
| 30 hours Weekly hours required for part-timers to receive health insurance|
WORK-LIFE BALANCE BY THE NUMBERS
| 33 days Paid time off after one year of full-time employment|| 10 days Paid time off after one year of part-time employment|
| 23 days Paid sick days after one year of full-time employment|| 33 Days Paid time off as of first day of full-time employment|
| 10 days Paid time off as of first day of part-time employment|
WORK-LIFE BALANCE PROGRAMS
- Flexible schedule (19% use it)
- Telecommute option (38% use it)
- Compressed work weeks (5% use it)
- Onsite Amenities (Free hot beverages daily including Starbucks machine. Fully functioning kitchen with water cooler, fridge, microwave, dishwasher, ice machine and vending machines on each floor. Massage therapy, ping pong table, shoe shine service, end of summer ice cream social, health fair, flu shots, blood drive, CPR certification classes and AEDs provided at each location. Discounts on movie tickets, theme parks, shows, sporting events, hotel and retail stores. Employee discount for cell phone services, gym memberships, hair and spa services and American Management Association perks. Free lunch during educational sessions, holiday party and much more.)
FAMILY CARE BY THE NUMBERS
|60 days Job-protected maternity leave (including FMLA/STD) ||30 days Fully-paid maternity leave (does not include personal vacation or paid time off)*|
|60 days Average length of maternity leave new mothers take||60 days Job-protected paternity leave (including FMLA)|
|5 days Fully-paid paternity leave (does not include personal vacation or paid time off)*||5 days Average length of paternity leave new fathers take|
|60 days Job-protected parental leave for adoptive parents (including FMLA)*||30 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)|
HEALTH INSURANCE COVERS
- Alternative treatments (such as acupuncture, homeopathy, or chiropractic)
Community and Environmental Impact
| 16 hours Paid time off to volunteer|| $19,625 Philanthropic donations in last year|
| $5,425 Total company-matched employee donations in last year|| Yes Recycling program|
- Written policy prohibits discrimination based on (at a minimum) age, disability, race/ethnicity, religious beliefs, gender and sexual orientation
- Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Women
- Non-birth parents in same-sex relationships can take parental leave
- Medical care covers gender confirmation surgery
How to Get Hired
We asked Lenox Advisors, Inc. for some inside information on how to get hired at the organization. Here is what they had to say.
What key characteristics tell you a prospective employee will be a great fit for your company?
We seek quality people who enjoy the challenge of an energetic environment dedicated to the financial care of our clients. A prospective employee should be process and detail oriented and flexible with strong verbal and written communication skills. They should also have the ability to multi-task and handle a fast-paced environment.
What can prospective employees do to get your attention?
A prospective employee should write a great cover letter, explaining where they came from, why they are interested in working at our organization, and what would make them a great fit with Lenox Advisors.
Are there any positions or types of candidates you are particularly focused on hiring in this coming year?
Candidates with experience in life insurance, investments or financial planning.
What should interested candidates do to find out more and get started?
We are always looking to talk to talented individuals about their careers. If you are interested in working at Lenox Advisors, reach out to our Human Resources department, submit a resume through our website or contact us through LinkedIn.
| 40 Forecasted positions to fill in coming year|| 1% Job Growth|
| 124 Average applicants per opening|| 5,200 Total job applicants|
| 12% New hires by employee referrals|| 14% Openings filled by current employees|
| 6 Recent graduates hired|| 15% Voluntary turnover for full-time employees|
| 13% Voluntary turnover for part-time employees|