pgim company culture fosters talent development and growth

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Close-up of a vintage typewriter with 'Financial Security' typed on paper, representing financial themes.
Credit: pexels.com, Close-up of a vintage typewriter with 'Financial Security' typed on paper, representing financial themes.

PGIM's company culture is designed to foster talent development and growth, with a focus on empowering employees to take ownership of their careers. This approach has led to a high level of job satisfaction among employees.

One way PGIM supports employee growth is through its comprehensive training programs, which provide opportunities for employees to develop new skills and advance in their careers. These programs have been instrumental in helping employees achieve their career goals.

PGIM's emphasis on employee development has resulted in a low turnover rate and a high level of employee retention. This is a testament to the company's commitment to its employees and its ability to create a positive work environment.

By investing in its employees, PGIM is able to tap into their full potential and drive business success. This approach has enabled the company to build a talented and dedicated workforce that is well-equipped to meet the challenges of the future.

Diversity, Equity, and Inclusion

Credit: youtube.com, Why diversity, equity & inclusion are important to your company's culture

At PGIM, diversity, equity, and inclusion (DEI) are core values that guide the company culture. The firm is committed to building a more inclusive, diverse, and equitable culture where all people are seen and all voices and ideas are heard.

One of the ways PGIM achieves this is through its 5-pillar strategy on DEI. The strategy focuses on five key areas: Talent, Culture, Industry, Investing, and Community.

The Talent pillar aims to attract, develop, promote, and retain talent at all levels. This is a crucial aspect of creating a diverse and inclusive work environment.

PGIM's Culture pillar is all about creating a place where all talent can thrive. This means fostering an environment that values and respects everyone's contributions.

Here are the five pillars of PGIM's DEI strategy:

PGIM's commitment to DEI is not just about creating a better work environment, but also about making a positive impact on the world. The firm's goal is to be a recognized agent of change in the drive toward a more equitable asset management industry.

Talent Development

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At PGIM, talent development is a top priority, with a comprehensive program that supports employees at every stage of their career.

PGIM's mentorship program matches employees with experienced mentors who provide guidance and support, helping them navigate the company's complex systems and develop their skills.

Mentees can expect to meet with their mentors regularly, receiving valuable feedback and advice to help them grow in their roles.

The program is designed to be flexible, allowing employees to choose mentors who align with their interests and goals.

PGIM's training and development programs are designed to equip employees with the skills they need to succeed in their roles, from technical skills to soft skills like communication and leadership.

These programs are often led by industry experts and thought leaders, providing employees with access to cutting-edge knowledge and best practices.

PGIM's employee resource groups also play a critical role in talent development, providing a platform for employees to connect with others who share similar interests and backgrounds.

Credit: youtube.com, PGIM CEO I Our Business Operates As Part Of A "Larger Social Fabric"

These groups offer opportunities for networking, mentorship, and skill-building, helping employees to develop their skills and advance in their careers.

PGIM's leadership development program is designed to prepare employees for future leadership roles, with a focus on developing skills like strategic thinking, decision-making, and communication.

The program includes training, coaching, and mentoring, as well as opportunities for employees to take on leadership roles and responsibilities within the company.

Community Engagement

At PGIM, community engagement is a core part of our company culture. We partner with organizations that share our values and are dedicated to making a positive impact in the lives of young people.

We've been working with KIPP, a nonprofit network of 270 tuition-free college-preparatory public charter schools, since 2017. Our employees have provided financial assistance and reviewed students' college entrance essays, while also hosting career-related programs at KIPP campuses across the country.

Our employees have also been involved with YouthBuild USA, a program that provides skills training and leadership development for opportunity youth. For 8 years, we've established a global network of colleagues who support programming across many centers, including the U.S., UK, and Mexico. They conduct workshops, mock interviews, property tours, and build days, as well as mentor and coach students.

Here are some of the ways we're supporting young people through our community engagement efforts:

  • Conducting communication and business etiquette workshops
  • Mentoring and coaching students
  • Reviewing students' college entrance essays
  • Hosting commercial real estate career-related programs
  • Providing financial assistance

Compartir

Credit: youtube.com, Community Engagement Toolkit Introductory Video

Compartir is a crucial aspect of community engagement, and it's amazing how it can bring people together. By sharing resources, expertise, and experiences, communities can foster a sense of belonging and cooperation.

Sharing physical resources, like food banks and tool libraries, can help alleviate poverty and inequality. For example, a community garden can provide fresh produce to those in need.

Effective communication is key to successful sharing, and it's essential to establish clear guidelines and protocols. This can include setting boundaries, defining roles, and establishing decision-making processes.

In some communities, sharing has become a way of life, with residents regularly lending and borrowing items from one another. This has led to stronger social bonds and a greater sense of community.

By sharing skills and expertise, communities can also promote knowledge transfer and skill-building. For instance, a community workshop can offer classes on topics like woodworking, sewing, and cooking.

Partnering with Youth

We're passionate about serving the communities in which we invest and operate. This includes partnering with organizations that help youth access training, education, and career opportunities.

Credit: youtube.com, Youth Engagement: How Kids Can Impact Community Policy, Programs and Planning

We've contributed to organizations like KIPP, a nonprofit network of 270 tuition-free college-preparatory public charter schools. PGIM Real Estate works with KIPP campuses in Dallas-Fort Worth, TX; Newark, NJ, and Washington, D.C.

Since 2017, we've provided financial assistance and opportunities for employees to review students' college entrance essays and host commercial real estate career-related programs at KIPP campuses.

YouthBuild USA is another organization we work with, providing skills training in the construction industry, IT, healthcare, and more. We've also partnered with Project Destined, which prepares high school and college students and military veterans for careers in real estate.

Here are some ways we support these organizations:

  • Conducting communication and business etiquette workshops, mock interviews, property tours, and build days
  • Mentoring and coaching students
  • Volunteering as mentors, judges, and executive speakers

We've been working with these organizations for years, with some partnerships dating back to 2017. Our goal is to make a positive impact on the lives of young people and help them achieve their goals.

Our Partnerships

At PGIM Real Estate, we're passionate about giving back to our communities. We've partnered with KIPP, a nonprofit network of 270 tuition-free college-preparatory public charter schools, to provide financial assistance and career opportunities for their students.

Credit: youtube.com, Partnerships in Action: PGIM Real Estate + YouthBuild

Our employees have been actively involved with KIPP's campuses in Dallas-Fort Worth, TX; Newark, NJ, and Washington, D.C. since 2017. We've reviewed students' college entrance essays and hosted commercial real estate career-related programs at their campuses across the country.

We've also partnered with YouthBuild USA, which provides skills training and career placement for opportunity youth ages 16-24. Our colleagues have supported their programming across the US, UK, and Mexico for 8 years through workshops, mentoring, and coaching.

Some of the ways we've supported YouthBuild USA include conducting communication and business etiquette workshops, mock interviews, property tours, and build days. These efforts help equip young people with the skills they need to succeed in their chosen careers.

We've also worked with Project Destined, which prepares high school and college students and military veterans for careers in real estate. Our employees have volunteered as mentors, judges, and executive speakers in the program, which works with students across the country, including Historically Black Colleges and Universities (HBCUs).

Here are some of the programs we've supported through Project Destined:

  • Professional and presentation skills classes
  • Business fundamentals classes
  • Real estate classes

These partnerships demonstrate our commitment to giving back to our communities and investing in the next generation of leaders.

Frequently Asked Questions

Is PGIM a good company to work for?

PGIM has a 4.2/5 rating from over 389 employee reviews, with 87% recommending it to a friend. However, its rating has decreased by 3% over the last 12 months, suggesting some mixed opinions.

What is PGIM best known for?

PGIM is a global leader in money management, with a presence in key financial centers worldwide. It's one of the world's largest money managers, spanning five continents.

What is the profile of PGIM company?

PGIM is a leading global investment manager with $332 billion in private alternatives strategies across various asset classes. Founded by its predecessor companies in 1970, PGIM has a long history of expertise in managing complex investments.

Lynette Kessler

Lead Writer

Lynette Kessler is a seasoned writer with a keen eye for detail and a passion for creating informative content. With a focus on business and finance, she has established herself as a trusted voice in the industry. Her expertise spans a range of topics, from product liability insurance to business insurance costs.

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