Yale Finance: Employer of Choice

Taking steps as an organization to become “the employer of choice in finance and higher education,” Yale Finance has announced three initiatives to help its professionals learn, grow and enjoy the satisfaction that comes with supporting Yale’s mission. These include flexible work arrangements, a peer recognition program, and a forum for finance professionals.  

Read a staff announcement from Yale’s vice president for finance. 

“Learning and growing as professionals is important, fun, and fulfilling – and one more way we can connect to the mission of a place dedicated to helping people to learn and grow.”  

– Stephen C. Murphy, Vice President for Finance and Chief Financial Officer

Flexible Work Arrangements

As an employer of choice, Yale Finance supports flexible work arrangements. These arrangements are one way to offer creative approaches to meet the operational needs of the University and promote work-life balance for Yale staff.  

Employees who wish to explore flexible work arrangements are encouraged to meet with their supervisors to discuss the policy and assess individual and unit needs. Successful arrangements must work for both the manager and staff member while meeting the operational needs of the work unit.  

Training for Finance managers and staff members

Training will be offered to prepare Finance managers, supervisors and M&P employees to think about, manage, and request flexible work arrangements.

Details on the training are available at TMS, Yale’s training and certification website.

Please note, this training is currently designated for M&P employees. Finance C&T employees who are interested in flexibility in their work schedules should work directly with their supervisor, with consultation from their HR Generalist.

Additional Resources

To learn more, supervisors and employees may access the following forms, guidelines and training:

Contact

For more information, contact your HR Generalist to discuss flexible scheduling options. Staff may also contact the Yale WorkLife program manager, Susan Abramson, via email at worklife@yale.edu or by phone at 203-432-8069.

You Are a Star!

The words “thank you” are empowering and contagious. As an employer of choice, Yale Finance seeks to build a culture of employee recognition. Through the You Are a STAR! program, staff members have the opportunity to formally recognize their peers for acts of service, leadership, professionalism or excellence. The simple nomination process and awards are designed to recognize and engage employees in a fun and spontaneous way.

How it works

Employees may complete the peer recognition form. It should include the nominee’s name, the appropriate competency or competencies, and the reason for the nomination in 250 words or less. These may be submitted anonymously.

Within a few days, a committee member will review the nomination and deliver a congratulatory email to the nominee, along with a star-shaped certificate of appreciation. This award will include the reason for the nomination as stated on the nomination form.

Who can participate?

Any employee at Yale Finance can nominate another, even across units, teams and departments.

How often can staff members nominate a colleague?

There are no guidelines as to how often one can nominate a colleague, or to how many, nor is it a requirement. In practice, Yale Finance employees may find that recognizing others’ contributions and achievements becomes a new and frequent habit.

Contact

For additional information or to volunteer as a committee member, please contact Liz Burnell or Connie Emond.

Finance Professionals Forum

Yale Finance employees are an essential and outstanding source of knowledge and expertise. The goal of the Finance Professionals Forum is to leverage this knowledge and capabilities to help staff meet everyday challenges, opportunities, and strengthen networks.

As part of Yale Finance’s Employer of Choice initiative, the forum creates a setting where finance professionals—new, seasoned and aspiring—can learn from one another, share best practices, and solve problems on a regular basis.

How it works

The Finance Professionals Forum is different from a Community of Practice in that it serves only Yale Finance employees, although it will draw on resources and networks from across the University, including trainings, workshops and guest speakers.

The forum meets at least quarterly, though brownbags and other get-togethers may occur more frequently. A volunteer committee plans activities and informs participants via email and the Finance website. Based on an initial survey, topics of interest so far include management best practices, mentors, flexible work arrangements, training, and career tracks.

Events

The next quarterly meeting will take place in Fall 2017, after Workday Financials goes live.

Contact

For more information on the Finance Professionals Forum, please contact Mike DellaBianca.

Staff Announcement from Yale’s Vice President for Finance

In a letter to Yale Finance staff, Stephen C. Murphy, Vice President for Finance and Chief Financial Officer, introduced the Employer of Choice initiatives on September 15, 2016. The text of that letter follows. 

Dear Colleagues:

I am writing to announce three new initiatives that are being put in place for the Finance Division to help foster a culture that provides opportunities for financial professionals to learn, grow, and enjoy the satisfaction that comes with the positive impact you have on supporting Yale’s mission.

Last year I asked a committee of leaders from across the Finance Division to develop recommendations on concrete steps we could take as an organization to advance toward our goal of being “the employer of choice in finance and higher education.” In June the Employer of Choice committee made their final recommendations, these three initiatives, and presented them to my senior team and me. I am very pleased to announce them to you today.

The three initiatives, which are described more fully on the newly created EOC webpage, are the following:

1. You Are a Star! Program – The committee felt strongly about our need to do more to recognize each other for the wonderful things we see people do each day. I wholeheartedly agree!

You Are a Star! is our new peer recognition program, designed by the committee, which is now available to all employees in the Finance Division. You Are a Star! is a simple way you can recognize colleagues who have made a difference – for a job well done, an act of kindness, or any other notable deed. All you need to do is submit a nomination and soon your nominee will receive a star-shaped certificate of appreciation (custom-designed for Finance by some talented artists among us). Who do you think has been a Star today?

2. Flexible Work Arrangements – As an Employer of Choice, Yale Finance supports flexible work arrangements as one way to offer creative approaches to meet the operational needs of the University and promote work-life balance for Yale staff. Employees who wish to explore flexible work arrangements are encouraged to meet with their supervisors to discuss the policy and assess individual and unit needs. Successful arrangements must work for both the manager and staff member while meeting the operational needs of the work unit.

In the upcoming weeks we will be offering training on flexible work arrangements and the policies, procedures, tools and best practices to support successful arrangements. For more information, please see the EOC webpage.

3. Finance Professionals Forum – Yale Finance employees are an essential and outstanding source of knowledge and expertise. The Finance Professionals Forum is a new group, open to all employees in the Finance Division. Its goal is to leverage the knowledge and expertise of our staff to help meet everyday challenges, share opportunities, and strengthen networks. Activities will include informal get-togethers to share information as well as training, workshops, and guest speakers. The forum is initially slated to meet quarterly, and contact information is available on the EOC webpage.

I am thrilled to announce these programs which are the result of outstanding work by the Employer of Choice committee. I would like to take this opportunity to thank the Employer of Choice committee, with a special note of thanks to Liz Burnell for chairing the committee, and the rest of the committee members - Deb Armitage, Stephanie Avallone, Rob Bores, Shirley Chock, Mike DellaBianca, Connie Emond, Steve Fielding, Karen Harris, Bob Herr, Bremen Leak, Anne Navin, Lauren Slater, Deirdre Stowe, Tracy Strickland and Sue Whitty. The work of the committee and these exciting programs are a testament to their leadership, innovation, and teamwork – as well as their commitment to supporting your professional development.

I hope you are as excited about these initiatives as I am, and I hope you will explore any and all that interest you. Learning and growing as professionals is important, fun, and fulfilling – and one more way we can connect to the mission of a place dedicated to helping people to learn and grow.

Best Regards,

Steve