They just knew things were happening, right? Carol Fishman Cohen: Excellent. 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. "Absolutely!" /Size 19 The estimated additional pay is $73,763 per year. x+2T0 BCc3JLLJ6Up I sat down once to figure out, how many organizations does that mean I've worked through, right? So, my husband's an entrepreneur. 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. So at some point you're doing the math and you're thinking, "Yeah, I have to get back to work." In her role as chief diversity officer, Welch leads Freddie Macs diversity and inclusion strategy of its workforce and supplier diversity programs, as well as across business activities. I joined in 2008, I left in 2013. 12 0 obj 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. 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. Jacqueline Welch: Yeah, so I'm old, so there's a lot. 9 0 obj I would say that first year, using that unconscious incompetence scale, that first year I felt very much consciously competent. 1991 Crocker Rd, Ste #600PO Box 45605-0605Westlake, OH 44145, Advocating for Yourself: Bhavana Bartholf. We are running out of time, but there's one question I want to make sure that I get a chance to ask you. That question got answered for me. /Resources << And again, mine was pressure points from two places. startxref 8KvVF/K8leU2tccTbXdR0f3Sj85XftBT5pUpSURGEg=) ieMac) I will add to that though, you've made an important point around seven years of consulting. /H /N It's too much for me, but I don't want to say no. 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. 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. /L 21064 /S /URI 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. 'Cause you're not only relaunching into a new career, in some instances, at least in my instance, I had gone off the grid almost completely, and then relaunched into a new market. At the end of the day, we're still all humans and we want human contact. And six months into my self-imposed sabbatical, I went to work for WestRock, well, Rock Tenn. If you have a list of companies, you can start looking at, well, who knows somebody in that company? 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. 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. Jacqueline Welch, Freddie Mac's SVP of HRDI and chief diversity officer, sees . And so that began an almost six years stint with Turner Broadcasting. Based on what I know about you, are you willing to make these kinds of introductions for me?" How much do Freddie Mac employees earn on average in the United States? It worked out. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. << Like many, Jacqueline Welch changed jobs in 2021. Six months in through two very different groups of friends, I learned about an opportunity with a very traditional manufacturing company, also based in Georgia. And then stop talking. 0000002782 00000 n So that went on for almost another year. And I would also say that if they're reluctant to give you that, that's a data point, so now you're talking about an organization that is probably not very transparent, and do you want to work there? website maker Jacqueline M. Welch has been promoted to head of the human resources, diversity and inclusion (HRDI) division and chief diversity officer (CDO) . Carol Fishman Cohen: And, I love the way you brought your kids into the process. How much does Freddie Mac pay? 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. I knew where she was going. /Type /Annot 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. /Type /Annot And then more specifically get about the business of understanding the economic model of Freddie Mac. NEW YORK--(BUSINESS WIRE)-- She also had oversight responsibility for Freddie Macs corporate community engagement program and their 10 employee resource groups. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. The largest and longest-running dedicated career reentry event in the United States. For me, it was okay, this is a whole new set of people, not in my geography. /URI (http://ctt.marketwire.com/?release=1327573&id=12485458&type=1&url=http%3a%2f%2fwww.freddiemac.com%2f) I can't thank you enough, Jackie. Did you have family meetings about this big change in everyone's routine? You've shared so much incredible advice, but if you could pick one piece for our relauncher audience. /A << In this role, she led the Freddie Mac H.R. . But while it was happening, I don't know that they were making that comparison and contrast. I'll never know. She sits on the companys executive committee and reports to the chief executive officer. I'm sad about it. endstream It's not to say, "If it doesn't show up in exactly this way, I'm not going to pursue it." In her prior role she served as SVP of international human resources for Turner Broadcasting in Atlanta. Ms. Welch, 50, will report directly to president and chief executive officer Meredith Kopit Levien. It's so important. endobj Carol Fishman Cohen: Excellent advice. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 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. These are the kinds of things I'm thinking of; 3. As the head of HR, Welch will be responsible for all department functions, including performance management, compensation, and learning and development. << Ci /S /URI Again, but you live your life forward and you understand it backwards, and I had time and space to do it. 0000001875 00000 n Lamentamos pelo inconveniente. 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 . 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. defendants - appellees. So I started putting it out there, like, "Here's my list: 1. It is a $2 trillion balance sheet organization. Like literally, for the level at which I'd been working at that point, my husband and I sat down. You already have, or you've already pondered and considered your story. Limit the Use of My Sensitive Information. 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. Jacqueline M. Welch is senior vice president of the Human Resources, Diversity & Inclusion (HRDI) division and chief diversity officer of Freddie Mac. I can't work for that. Jackie, before we get started in talking about your relaunch success story, can you just give our listeners a little background about Freddie Mac? 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. 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. "I firmly believe that a company is only as good as its people, and Freddie Mac is no different," said Welch. Those are impressions that are being made on you, and you on the situation and the scenario. endobj Worldwide Top 100 CHROs 2018 And so for anyone in any role that you're in, I think the learning point here is to take stock of what you do, how you do it, where you've done it and who you've done it with. 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. /E 20595 So again, this is just a framework. So now I find myself thinking like what's an hourly rate? So your point around "people remember," and you should too. And, just your typical immigrant story in terms of hard working, big dreams and moving to the United States. I was a buyer with Lord and Taylor in New York City, which is where I was born and raised. Did you keep track of all the people that helped you or did you just have an amazing memory? I would show up and they'd be like, "I'm going to pay you $5 if you'll file for me." Carol Fishman Cohen: Excellent. And I would do that every day for two or three hours, like a job. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. It was practical, again, working class, there's no nanny that stays home if school closes or what's going on. /Rect [317.7125 395.925 382.2875 406.925] Prior to Turner, she worked for organizations such as WestRock, Accenture (formerly Andersen Consulting) and Willis Towers Watson (formerly Towers Perrin). So every person's story is unique. "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. 0000000032 00000 n If anything, doing some tweaks around the edges as it were, right? So that's another thing I would say is, don't wait till you have to go back to work. So for our interns, we're actually going to do a take your parents to work day. /Type /Page strategy and execution. >> But I am making that observation for others. real person. Digital closings continue to evolve What title companies need to know, How the FRB Pilot could impact the real estate industry. >> 0000003368 00000 n So for the last, I don't know, like 15 years, I literally will take that day off and do that. /Type /Annot >> Welch, who joined Freddie Mac in December 2016, brings more than 20 years . endobj Carol Fishman Cohen: Well, I'm very excited too, and I'm so grateful for you to spend time with us today. << 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. If this is a list of companies and these are the industries I'm thinking about, and these are the geographies, we need to use our tools then. 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. So use it. The estimated additional pay is $141,667 per year. Thank you for your continued support. 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. /Group << << It is my personal and professional privilege to join at such a compelling and transformative time. 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." Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. >> /Subtype /Link Why would I commit this to memory? 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? But it's again, to get the mind active around, okay, what are the conversations then? /H [1363 161] Website: www.freddiemac.com. /Encoding /WinAnsiEncoding It has nothing to do with Atlanta. /MediaBox [0 0 612 792] Jacqueline M. Welch Executive Vice President and Chief Human Resources Officer. endobj /Type /Font pour nous faire part du problme. Same platform but with new and improved features. She began her career in New York at Lord & Taylor as a merchant. endobj 0000001977 00000 n 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. Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head. How long were you on it, and what made you decide that it was time to go back? >> It was quite the experience. Look at your LinkedIn, who are the people who are in these industries or these geographies that can get some introductions to you? And so I don't know, but I don't want to raise my children in that kind of environment." Welch began her career as a merchant with Lord & Taylor, then a division of The May Department Stores. She will sit on the companys executive committee and lead its Talent & Inclusion department when she joins The Times on Jan. 11, 2021. strategy and execution. The estimated base pay is $186,877 per year. 0000001363 00000 n She took a four year career break and we are going to talk about her relaunch success story. The estimated total pay for a Manager at Freddie Mac is $201,436 per year. 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). If you clear your cookies, your preference will be forgotten. A seasoned corporate executive, Ms. Welch joined Freddie Mac with 20 years of experience in H.R. And in terms of what that was like, it was a complete, full time house, spouse and caregiver. She and her husband currently reside in Dallas, Texas. >> We are sorry for the inconvenience. Si continas recibiendo este mensaje, infrmanos del problema Jacqueline Welch: I was just about to say that. In this role, she led the Freddie Mac H.R. Job Title. jacqui welch freddie mac salary jacqui welch freddie mac salary. strategy and execution. The estimated base pay is $127,673 per year. Senior Executive Vice President & Chief Human Resources Officer , Disney . Thank you for saying that. para nos informar sobre o problema. *Jacqueline Welch left her . And she would tell all her colleagues, "My daughter's coming to work." Because that's what I learned to do in consulting. 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. Lamentamos Does this sound like you? So that was the first time I stepped off the career ladder as it were. Would we be willing to move? in Government, News January 14, 2018 2,876 Views. She also had oversight responsibility for Freddie Macs corporate community engagement program and their 10 employee resource groups. /XObject << message, please email 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. /Source (WeJXFxNO4fJduyUMetTcP9+oaONfINN4+d6p3rC1JXse9EuEATviVOw1CEAqz1NpB9khgm8VtCFmyd8gIrwOjQRAIjPsWhM4vgMCV\ Let me tell you about the time that I XYZ, which sounds exactly like what you just said." "@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? /P 7 0 R And can you just talk about, maybe break it into two sections? And be sure to share this podcast with a friend on Facebook, Twitter, and other social media. 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.". Jacqueline Welch, chief human resources officer and chief diversity officer at Freddie Mac and member of CNBC's Executive Council, joins "Squawk Box" to discuss how businesses can best support . /Border [0 0 0] /Subtype /Link She began her career in New York at Lord & Taylor as a merchant. And then how do you look at it now? 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? I left Turner. 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. This was long before there was any take your daughters to work day or take your daughters and sons day, right? /BitsPerComponent 8 In her expanded role as senior vice The DMV is very different from Atlanta, just in terms of again, within a cadence. Jacqueline Welch: Yeah, so there's a lot of pre-work. Tagged with: Diversity Freddie Mac GSE HR Inclusion mortgage Officer. Freddie Mac pays an average salary of $102,907 and salaries range from a low of $89,555 to a high of $118,020. Freddie Mac now spends $3.85 million to pay two people for work that used to be done by one person for $600,000, according to the report. View Data as Table. But to your point, the whole idea of, "Oh, this is where mommy goes every day." Jayne Parker. You have to coach yourself ahead of time to stop talking. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. Carol Fishman Cohen: Excellent. 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. Because of the consulting, I understood the rhythm and cadence of a workplace, so that wasn't much to get used to. Although we hadn't talked about this before, it occurs to me that this is actually my second break as it were. 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. And you need to take every call for two reasons: one, to understand where your skill set fits into the current marketplace. Looking to support relaunchers in your audience? Further, while HR knows the salary history of internal candidates, that information is not shared with hiring managers. /A << $186,877 / yr. Technical Analyst salaries - 81 salaries reported. "Y$?'Yy~n}ryrmn| xp=T Even if it's just an exercise, it starts to train the brain to focus. 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. /A << At the time it was called Rock Tenn Company, it's now WestRock. 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.
