Please see below for some of our important initiatives.
We are committed to our people and to the community as a whole. We have a variety of programs to incentivize and support our employees, from employee ownership to comprehensive benefits and training. We are also committed to equal opportunity, diversity and other policies and practices. And, we have a passionate commitment to community service and charity.
Never has our commitment to our people and to others been so clear as in our charity work. Newmark actively encourages our brokers, managers and other employees to support the communities in which we live and operate through volunteerism and philanthropy. In 2019, Newmark supported over 300 different charities across its locations, including national organizations such as the American Red Cross, Cystic Fibrosis Foundation and the National Multiple Sclerosis Society and hundreds of local charities including Los Angeles Waterkeeper, Junior Achievement of Chicago, Fund for the Boston Public Library, Children’s Hospital of Philadelphia, Carnival Memphis Education Fund, Dallas CASA and the New York City Police Foundation. Our brokers, managers and other employees joined together nationwide to build homes with Habitat for Humanity, run in multiple fundraising races, donate food clothing and services through organizations like the G Family Foundation in Plano, Texas and support communities struggling with natural disasters through Hope for Haiti and Butte County Wildfires.
We also support victims of disasters. In January 2019, more than 200
volunteers from Newmark and its affiliates, in conjunction with the
Cantor Fitzgerald Relief Fund, along with many of our friends from the
New York community and clients from Banco Santander and Scotiabank,
traveled to Puerto Rico to aid in its recovery from Hurricanes Irma and
Maria. This operation distributed $4 million in $1,000 Payoneer® prepaid
cards to thousands of families still suffering from the devastation.
These are our values in action.
Employee Diversity, Inclusion and Equal Opportunity
Our success depends on our ability to attract and
retain talented, productive and skilled brokers, managers and other
employees to transact with our clients in a competitive and regulated
environment. We are investing in creating a diverse, inclusive and
incentivized work environment where our employees can deliver their best
work every day.
We believe in equal opportunity and are seeking a diverse and inclusive workplace. We consider all qualified applicants for job openings and promotions without regard to race, color, religion, gender, sexual orientation, gender identity, national origin or ancestry, age, disability, service in the armed forces, or any other characteristic that has no bearing on the ability of employees to do their jobs well.
Our recently announced IDEA (Inclusion, Diversity, Equality, Access) program seeks to build on this commitment through training, talent attraction and employee development programs that support and build an inclusive culture and that will seek to position us as an employer of choice for diverse talent.
We also provide comprehensive and competitive compensation and benefits to protect the health, well-being and financial security of our employees. Our generous total rewards package also includes base salary and bonus compensation, healthcare and retirement benefits, paid time off, vacation and holiday benefits, life and disability insurance, flexible work schedules for eligible employees and other benefits available in our various offices.
Employee Engagement, Training and Development
We are investing in the long-term development and engagement of our employees by delivering training and development programs and a culture where our people can thrive and maximize their potential. We offer annual training in workplace respect and inclusion, anti-money laundering and anti-crime and cyber-security among other topics. We also provide job specific and other developmental training and support for our employees so they can maximize their potential.
Communication and Employee Engagement
Our success depends on employees understanding how their work contributes to our Company’s strategy, culture and values and regulatory environment. We use a variety of channels to facilitate open and direct communication, including internal calls and meetings with employees, training and policy updates, employee resource groups such as our Network of Women and social and family outings and events.
Health, Safety and Welfare
We provide access to a variety of innovative, flexible, and convenient employee health, safety and welfare programs, including on-line health assessments, gym benefits and other measures. Such measures also include procedures to respond to extraordinary events and manage the business under challenging health, environmental and financial circumstances, including the COVID-19 pandemic. The health, safety and welfare of our employees and their families, our clients, vendors and the broader communities in which we operate is our top priority, and we are taking extraordinary measures in light of the current COVID-19 pandemic. Please see the “Overview and Business Environment” section of Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent SEC filing on Form 10-Q for a more detailed discussion of how COVID-19 has impacted and may continue to impact the Company and its employees.
Dispositions/ Gender Pay Information and EEOC Reporting
We report on the diversity of our workforce composition (including gender and race) to the United States Equal Employment Opportunity Commission (EEOC) on an annual basis. More information about Diversity & Inclusion can be found here.