/Iabc5 18 0 R >> >> I can't thank you enough, Jackie. Welch, who joined Freddie Mac in December 2016, brings more than 20 years of experience in HR strategy and execution. 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. By clicking I Accept on this banner, you consent to the use of cookies unless you disable them. So that went on for almost another year. Literally sit across from someone and practice the discomfort of the silence. Salary. Jacqueline Welch email address & phone number | Freddie Mac SVP, Chief excuses voor het ongemak. Si vous continuez voir ce /H /N But this whole idea of what you're saying about taking stock of what you've done and who you've done it with, you did this in the most brilliant way. /A << The estimated additional pay is $73,763 per year. /BaseFont /Helvetica-Bold Or they started out with a career break for childcare reasons, and then all of a sudden they had an elder care responsibility come into their lives right as they were thinking about going back to work. 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. And then how do you look at it now? Inclusive Engagement at Freddie Mac - Freddie Mac Investors: Harlan Toplitzky, harlan.toplitzky@nytimes.com Freddie Mac Average Salaries | Salary.com 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 . Although now it's hilarious to me because my husband would quite literally have to remind me to invoice people. Carol Fishman Cohen: It's such an important point. /Type /Annot They just knew things were happening, right? "We're very excited to have Jacqui succeed to the leadership of our HRDI division and serve as our CDO," said Layton. no. So take every call. Just to start getting my mind thinking about, "Yes, Im going back to work. 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. HW Media connects and informs decision makers across the housing economy. In her prior role she served as SVP of international human resources for Turner Broadcasting in Atlanta. endobj >> 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. And as far as Freddie Mac is concerned, what is the interest in hiring relaunchers? You need to take every call." Website: www.freddiemac.com. /Type /Catalog . /OpenAction [7 0 R /S /URI Reduction of Mortgage Market Forecast for 2020, More Buyers Reducing Payments by Purchasing Mortgage Points. New York Times HR chief shares the 3 relationships everyone needs at Here at Freddie Mac, we are about to do a take your parent to work day, because I think that curiosity around, what does my child do all day, I don't think that curiosity where your loved one is goes away. << But I sold Avon from door to door after school. /Width 300 I didn't have any issue or challenge around my core competencies, my human resources competencies, but there were these other things to very quickly become a student of, new geography, new industry, new company. stream 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. I'm so excited to have this conversation with you. She will sit on the companys executive committee and lead its Talent & Inclusion department when she joins The Times on Jan. 11, 2021. How much do Freddie Mac employees earn on average in the United States? And I remember interviewing, and so the kids noticed that I was traveling for this interview or that interview. Episode 97: Jacqueline Welch, CHRO and CDO, Freddie Mac and Relauncher enva un correo electrnico a << Freddie Mac names Jacqueline Welch to lead HR, diversity - HousingWire Unlike the first sabbatical where I was time bound and I said, "This year I'm going to take a year off." (#~s\vMtD>X8Xn(F6&d=?}w'{Fy~ ]o K\'xgy! As parents, we all do the best we know how, and it's not till they're like 21 and older, and we're paying for therapy bills potentially that, "Okay. ieMac) Post open roles and connect with top relauncher talent! message, please email To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Based on what I know about you, are you willing to make these kinds of introductions for me?" Jacqueline M. Welch Promoted to Head of HR, Chief - MortgageOrb 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, Freddie Mac's SVP of HRDI and chief diversity officer, sees . How do you transition from QC defense to offense? Jeff Brodsky. /Filter /FlateDecode enviando un correo electrnico a So I work. To access all the content for free, please sign up by entering your email. And so before I knew it, I had a consulting 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. What kinds of industries am I interested in? Now, were these things real? 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. You already have, or you've already pondered and considered your story. /Type /Action . 0000003051 00000 n 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. >> We didn't know he had a convergence of illnesses, that was just, it wasn't a situation where you could go, "Oh, in exactly 18 months, he'll be back to himself, and then you can get back to your regular program or scheduled life." ^8$2020L ? << View Data as Table. endobj You do realize that." Worldwide Top 100 CHROs 2018 /PageMode /UseNone /XObject << So those are the kinds of things, but again, the deliberateness around, what do you want to do next? I'm thinking about getting back into the marketplace; 2. And this is to show you how naive, "Yeah, sure. Jacqueline Welch: Thank you for that. But you should also just tend to them in terms of, "Oh, you gave me this piece of advice, here's how it panned out." 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. PDF UNPUBLISHED - ca4.uscourts.gov Freddie Mac. Freddie Mac . 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. /Type /Action /P 7 0 R Jacqueline Welch: Yep, you gotta practice. I'll try to keep it brief. And we made a short list of what our places would be, we wouldn't even have to have a conversation. 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. We look forward to providing you with even more cutting-edge market research, as Topio Networks. 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. So anybody working has learned something, but I think sometimes the disconnect, the dissonance is we don't apply what we do at work to our personal lives. What we haven't talked about that I think is important generally speaking, but then certainly when you're relaunching, is compensation. And as it relates to pay, how that advocacy looks is the following question. Jacqueline Welch: Thank you for having me. Carol Fishman Cohen: Excellent. Freddie Mac pays an average salary of $102,907 and salaries range from a low of $89,555 to a high of $118,020. Salary. What is it like being back? las molestias. per informarci del problema. ] Jacqueline M. Welch - Freddie Mac - Diversity Journal It is my personal and professional privilege to join at such a compelling and transformative time. endobj 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. It's so important. 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. Or was there a sort of a learning curve period? envie um e-mail para 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. And then for me too, it was, lift up beyond the four walls or Freddie Mac and start thinking about, how do I reestablish Jackie Welch in a new market? 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. Our oldest just turned 13. questo messaggio, invia un'email all'indirizzo I do my best, the kids come to work with me. Since 1999, we have helped to stimulate organizational change by showcasing the visionary leadership, innovative programs, and committed individuals who are making it happen. "@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? Carol Fishman Cohen: So this is a very detailed logistics question, but did you keep spreadsheets? It cost me, and so there were four years where I was not earning a steady income, nor was I getting a match for a 401k or a pension, and I still had healthcare costs. A seasoned corporate executive, Ms. Welch joined Freddie Mac with 20 years of experience in H.R. I'm going to want to, "Okay. In this role, she led the Freddie Mac H.R. >> But I do want to remind our audience and people who might've just tuned in that you are listening to 3,2,1 iRelaunch. And so at that point I go, "Huh," now we're starting to gel, "maybe I could do this in a way that's reasonable and continues this level of flexibility I've come to enjoy.". Carol Fishman Cohen: Wow. Freddie Mac developed qualified diverse . What is the range of pay for this position, and what do you need to see me do or hear that I've done that would get me to the high end of that range? Now I say, "Well, you do know I do work and I have an allotment of vacation days." So, can you talk a little bit about the actual moments or milestones that led to you getting your job back at Freddie Mac, and what were the conversations, who were the people, what happened? But, the idea that you took them to work, this is actually something that we tell parents to do, especially when their kids are younger. It has nothing to do with Atlanta. 16 0 obj And it starts to give you a way to put yourself back into the open market. xref >> $87,769. Senior Executive Vice President & Chief Human Resources Officer , Disney . 1991 Crocker Rd, Ste #600PO Box 45605-0605Westlake, OH 44145, Advocating for Yourself: Bhavana Bartholf. Freddie Mac announced today that Jacqueline Welch will lead the companys human resources, diversity and inclusion division and serve as its chief diversity officer. Freddie Mac took specific steps to address the potential of pay inequity. Welch, who joined Freddie Mac in December 2016, brings more than 20 years . /URI (http://ctt.marketwire.com/?release=1161052&id=5032183&type=1&url=http%3a%2f%2fwww.freddiemac.com%2fbl\ 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. Business: Financial Services /S /URI It was the combination of the two. So there was a learning curve of, okay, new industry, understanding the nuts and bolts generally. /Encoding /WinAnsiEncoding Als u dit bericht blijft zien, stuur dan een e-mail I would have to do it before the streetlights came on and still get my homework done before bedtime. 0000015878 00000 n I don't say that in a flippant way, 'cause I'm still not a Harris, I still haven't won the lottery, and I've married for love. /Length 6536 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. 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. In this role, she led the Freddie Mac H.R. What's going on this week, who needs what for school or their field trips, are either of the grownups traveling, standard operating procedure in our home. And, I think I would have continued doing that except I really do enjoy being inside of an organization and having a little bit more structure. Like many, Jacqueline Welch changed jobs in 2021. What are the relationships that I've established? Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. 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! Because of the consulting, I understood the rhythm and cadence of a workplace, so that wasn't much to get used to. What is your favorite piece of advice, even if it's something we've already talked about today? And, just your typical immigrant story in terms of hard working, big dreams and moving to the United States. >> So partly there's a mathematical side of the equation as well. /Root 5 0 R January 14, 2018 It was practical, again, working class, there's no nanny that stays home if school closes or what's going on. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. >> Freddie Mac (McLean, VA) $:$5' Jacqueline M. Welch, Senior Vice President-HRDI; and Chief Diversity Officer. In her expanded role as senior vice /Annots [10 0 R 11 0 R 12 0 R 13 0 R Jacqueline Welch: Yeah, we tried. So now I'm in the mid Atlantic. /Type /Action So year two then really becomes, how am I delivering? /E 20595 And here's why," and be prepared. I'm Carol Fishman Cohen, the chair and co-founder of iRelaunch and your host for today. How Much Does Freddie Mac Pay in 2023? (4,428 Salaries) Jacqueline M. Welch is senior vice president of the Human Resources, Diversity & Inclusion (HRDI) division and chief diversity officer of Freddie Mac. Looking to support relaunchers in your audience? How Much Does Freddie Mac Pay in 2023? (4,417 Salaries) 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. They're now 13 and nine, but going backwards, obviously they were a lot younger then. 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. Jacqueline Welch: I was just about to say that. /Border [0 0 0] Just let the person dignify the question. If I had a dollar for the number of leads I've passed on to other people and for whom it worked out, like my husband always says, "Why don't you just do search? 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. Jacqueline is the most senior relauncher we are aware of who is currently serving in her role. /Prev 20926 /Parent 2 0 R 14 0 R] Carol Fishman Cohen: Right. /Subtype /Link >> But, in hindsight that consulting situation was very Yeah. That question got answered for me. So maybe that's nine months, a year, and to your point about "why go back," to be clear, I am neither a Harris, I did not marry for money and I've never hit the lottery. Jacqueline Welch: So, Freddie Mac was chartered by Congress in 1970 to bring accessibility, affordability, and liquidity to the secondary mortgage place. And then more specifically get about the business of understanding the economic model of Freddie Mac. I was committed to the idea that I would take however much time was necessary to get my father back to a healthy place. 0000002507 00000 n And she's also a relauncher, and we're deep into talking about Jackie's relaunch success story. What have I done? But if I were paying more attention, I would have gotten there faster and on my own, as opposed to serendipitously. Sure. Please help us protect Glassdoor by verifying that you're a Lamentamos As Freddie Mac continues to evolve, we are more sharply focusing on inclusion. 0000000032 00000 n As the head of HR, Welch will be responsible for all department functions, including performance management, compensation, and learning and development. How do you want to do it? New York Jan. 11, 2021 . We are building a better housing finance system for homebuyers, renters, lenders and . /Type /XObject Senior Vice President, Human Resources, Diversity & Inclusion and Chief Diversity Officer real person. >> So that was the first time I stepped off the career ladder as it were. Jacqueline Welch: Hello, thank you so much for having me. We've talked about that at the very front end. /P 7 0 R Aydanos a proteger Glassdoor verificando que eres una persona real. Caso continue recebendo esta mensagem, And in preparation for this, I was thinking, how to talk about when one's career actually began. >> Nous sommes dsols pour la gne occasionne. 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. January 11, 2018, 1:27 pm By Caroline Basile. /Rect [407.075 395.925 462.4375 406.925] It is my personal and professional privilege to join at such a compelling and transformative time. om ons te informeren over dit probleem. I didn't say, "It's going to cost this much," or "It's going to take this number of hours." So, if you already have the relationships built from before, wow, that's a great piece of advice. So I would come home, grab my little Avon bag and go four blocks in each direction, and then get home, get my homework done and go to bed. And so given everything that was going on, and my personal strong desire to be there for my dad, I stepped off again with the intention of being his primary care giver. June 29, 2022 . % << 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. Everybody has a 9/11 story. Jacqueline Welch: Preparing for this was a lot of fun for me cause you know, things sound so neat, and you live your life forward and you understand it backwards. /Size 19 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. So, it sort of feels like we're good, but we'll see. And my first job was with Towers Perrin, what was then Towers Perrin eventually became Willis Towers Watson. And I'm always flabbergasted when I meet people who say, "Oh no, that's not for me." endobj Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. 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. So it's getting used to that rhythm and cadence of a different geography. Come, let me show you how this works." As head of HRDI, Welch delivers business and subject matter leadership, strategy and execution to the senior leadership team on organizational design and development, change leadership and alignment of all HR functions such as performance management processes, compensation programs and learning and development. And so we did the math and figured out no one was going to die of starvation. So now I'm putting all this language around it, but it was just happening. 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. Welch, who joined Freddie Mac in December 2016, has more than 20 years of experience in HR strategy and execution. That advice, even for people who are currently working, who might be anticipating a future career break, to make sure you take those calls for search professionals. "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.". stream strategy and execution. And I would explain, "Yes, mommy's looking for a new job." And I quite literally got on a plane every week to go to this assignment or that, which at the time was perfect. 0000010123 00000 n Jacqueline Welch: So, Freddie Mac was chartered by Congress in 1970 to bring accessibility, affordability, and liquidity to the secondary mortgage place. Please enable Cookies and reload the page. endobj Learn about the various ways in which we collaborate with our partners to share knowledge and connect relaunchers to valuable resources and advice. 0000003368 00000 n I don't hear that said often enough now, particularly to young people. Job Title. But while it was happening, I don't know that they were making that comparison and contrast. Why would I commit this to memory? The average compensation for a director (including the committee chairs) ranged from $111,134 at the FHLBank of Atlanta . Where is it based? << Take stock of the things that you've done because you can't wait until you're under pressure, like, where have I worked? How many employees are there? Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head