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    “Layoffs Are A Last Resort” at this suburban Detroit-based auto lender, which works with car dealers nationwide to enable them to sell cars to consumers regardless of their credit history. Their rationale for this policy: “Team members know that suggesting improvements and efficiencies will not necessarily lead to a decrease in job opportunities.” A “Red Tape Remover” button on the intranet page provides direct access to the CEO. “Workplace Hero Awards” acknowledge noteworthy team members, including one team member who had been forced to work in a child labor camp in China during the Cultural Revolution, came to the U.S., helped put her husband through Duke University, and is now a successful CA employee. Read the Great Place to Work review here.

     

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    Company Info

    Rank last year37
    # of years on list
    3
    Industry
    Financial Services & Insurance
    Year founded1,972
    CEO/Top executive
    Brett Roberts
    HQ location
    Southfield, Michigan
    Type of organization
    Public
    Revenue (2015 or most recent year)
    $723.5 million
    Web addresshttp://www.creditacceptance.com
    Total U.S. employees
    1,321
    Total employees outside the U.S.-
    Full-time jobs added in last year
    39
    FT job growth in the past year
    1%
    Number of work sites
    4

    Perks

    Company pays for 100% of healthcare costs
    no
    Offers health insurance to part-timers
    yes
    Offers telecommuting
    yes
    Offers job sharing
    no
    Offers onsite childcare
    no
    Offers compressed work weeks
    yes
    Offers fully-paid sabbaticals
    no
    Onsite fitness center
    no
    Discounted gym memberships
    yes
    Onsite medical care facility
    no
    Location of medical facility
    -
    Offers college tuition reimbursement
    yes
    Max tuition
    $5,250
    Offers paid time off for volunteering
    no
    Max PTO for volunteering
    -

    Diversity

    % Women55
    % Minorities54
    % African-American/Black
    41.6
    % Asian
    3.8
    % Caucasian/White
    45.6
    % Hispanic/Latino
    6.2
    % Native American/Alaska Native
    0.2
    % Native Hawaiian/Pacific Islander
    0.3
    % Two or more races
    2.3
    Same-sex benefits
    yes
    Non-discrimination policy
    yes

    Paid Time Off (FT employees)

    Holidays
    8
    Vacation
    -
    Sick days
    -
    General PTO
    19
    Total PTO after 5 years
    39

    Compensation

    Most common job (for salaried employee)
    Market Area Manager
    Avg. base pay (salaried)$61,676
    Avg. extra compensation (salaried)$42,782
    Total pay (salaried position)$104,458.00
    Most common job (for hourly employee)
    Front End Collections
    Avg. base pay (hourly)$31,350
    Avg. extra compensation (hourly)$13,367
    Total pay (hourly position)$44,717

    Hiring/Staffing

    # of job openings (as of Feb. 2016)137
    # of job applicants
    17,323
    Avg. # of applicants per opening
    60
    FT voluntary turnover
    11%
    # of jobs filled
    375
    Jobs filled internally
    77
    % of jobs filled by referral
    40%
    # new graduates hired7

    Training

    Avg. hours of training per year (for salaried employee)80
    Avg. hours of training per year (for hourly employee)80