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    The online mortgage lender’s move of more than 8,000 employees to Detroit from the suburbs in 2010 has helped spark one of the largest urban renewal projects in the nation’s history. The company has invested more than $2.2 billion into 14 million square feet of commercial space in the downtown area and is a leading corporate sponsor of a light rail line. Through the Live Detroit program, Quicken provides a $3,500 incentive to team members who rent a home in the downtown area or $20,000 in forgivable loans for a home purchase, and chips in another $5,000 for home improvements.Read the Great Place to Work review here.

     

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    Company Info

    Rank last year12
    # of years on list
    13
    Industry
    Financial Services & Insurance
    Year founded1,985
    CEO/Top executive
    Bill Emerson
    HQ location
    Detroit, Michigan
    Type of organization
    Private
    Revenue (2015 or most recent year)
    -
    Web addresshttp://www.quickenloans.com
    Total U.S. employees
    11,504
    Total employees outside the U.S.-
    Full-time jobs added in last year
    2,510
    FT job growth in the past year
    28%
    Number of work sites
    29

    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
    yes
    Offers compressed work weeks
    yes
    Offers fully-paid sabbaticals
    no
    Onsite fitness center
    yes
    Discounted gym memberships
    yes
    Onsite medical care facility
    yes
    Location of medical facility
    Only at Headquarters
    Offers college tuition reimbursement
    yes
    Max tuition
    $5,000
    Offers paid time off for volunteering
    yes
    Max PTO for volunteering
    8

    Diversity

    % Women45
    % Minorities26
    % African-American/Black
    16.2
    % Asian
    3.3
    % Caucasian/White
    67.7
    % Hispanic/Latino
    4.2
    % Native American/Alaska Native
    0.3
    % Native Hawaiian/Pacific Islander
    0.2
    % Two or more races
    2.3
    Same-sex benefits
    yes
    Non-discrimination policy
    yes

    Paid Time Off (FT employees)

    Holidays
    11
    Vacation
    15
    Sick days
    Set
    General PTO
    -
    Total PTO after 5 years
    31

    Compensation

    Most common job (for salaried employee)
    Mortgage Banker
    Avg. base pay (salaried)$23,407.52
    Avg. extra compensation (salaried)$97,791.9
    Total pay (salaried position)$121,199.42
    Most common job (for hourly employee)
    CCS - Mortgage Loan Processor
    Avg. base pay (hourly)$32,576.31
    Avg. extra compensation (hourly)$30,276.78
    Total pay (hourly position)$62,853.09

    Hiring/Staffing

    # of job openings (as of Feb. 2016)186
    # of job applicants
    92,285
    Avg. # of applicants per opening
    -
    FT voluntary turnover
    13%
    # of jobs filled
    4,420
    Jobs filled internally
    456
    % of jobs filled by referral
    46%
    # new graduates hired816

    Training

    Avg. hours of training per year (for salaried employee)350
    Avg. hours of training per year (for hourly employee)275