Quicken Loans

Culture photos of the Quicken Loans office in Cleveland, 2013., Team members at work.
Culture photos of the Quicken Loans office in Cleveland, 2013., Team members at work.Courtesy of Quicken Loans

    Workers at the “vibrant” online home lender ride hoverboards around its colorful headquarters, which features a basketball court that overlooks downtown Detroit. It gifted employees over 1,500 event tickets last year. (The founder owns the Cleveland Cavaliers.) And its mission of providing home loans gives staff a “great feeling.” Learn more in the Great Place to Work review here.

    Company Info

    Rank last year5
    Years on list14
    HQ locationDetroit
    Total employees13,690
    Job openings (as of February 2017)849
    IndustryFinancial Services & Insurance
    Revenue (2016 or most recent year)-
    Year founded1985
    Type of organizationPrivate
    Number of work sites29
    Websitewww.quickenloans.com

    Perks

    100% health coverageNo
    Unlimited sick daysNo
    Onsite fitness centerYes
    Discounted gym membershipsNo
    TelecommutingYes
    Job sharingYes
    Compressed work weeksYes
    Fully-paid sabbaticalsNo
    Onsite medical care facilityYes
    Medical facility at all locationsNo
    Onsite childcareYes
    Domestic partner benefits for same-sex couplesYes
    Non-discrimination policy includes sexual orientationYes
    Sick days for part-timersYes
    Health insurance for part-timersYes
    PTO for volunteeringYes
    College tuition reimbursementYes

    Diversity

    % Women47%
    % Minorities29%
    % African-American/Black18%
    % Asian4%
    % Caucasian/White65%
    % Hispanic/Latino5%
    % Native American/Alaska Native<1%
    % Native Hawaiian/Pacific Islander<1%
    % Two or more races2%
    % Unknown ethnicity5%

    Paid Time Off

    General PTO32
    Total PTO after 5 years37
    # Sick days26
    Max hours PTO for volunteering8
    General PTO for part-timers20
    # Sick days for part-timers13

    Compensation

    Most common job (for salaried employee)Mortgage Banker
    Avg. base pay (salaried)$25,294
    Avg. extra compensation (salaried)$99,423
    Total pay for most common job (salaried)$124,717
    Most common job (for hourly employee)CCS - Mortgage Loan Processor
    Avg. base pay (hourly)$34,858
    Avg. extra compensation (hourly)$37,813
    Total pay for most common job (hourly)$72,671
    Avg. monthly rate for onsite childcare$800

    Hiring/Staffing (Past 12 Months)

    Full-time job growth %19%
    # of job applicants128,140
    Avg. # of applicants per opening16
    FT voluntary turnover13%
    Jobs filled internally915
    % Jobs filled by referral44
    # New graduates hired772
    Avg. college tuition reimbursed$5,250

    Training

    Avg. # hours training (salaried workers)400
    Avg. # hours training (hourly workers)275