Credit Acceptance

Credit Acceptance-100-best-companies-2018-web
Courtesy of Credit Acceptance

    Over the past five years, this auto lender has paid out more than $10 million in profit-sharing bonuses—part of the pervasive team spirit at the company where “every person and idea is taken seriously.” Employees also say they’re “trusted” to create schedules that work for them. Says one: “Flexibility is a HUGE asset here.”Read Great Place to Work review here.

    Company Info

    Rank last year43
    Years on list5
    HQ locationSouthfield, Mich.
    Employees1800
    Job openings (as of February 2018)878
    IndustryFinancial Services & Insurance
    Revenue, 2017 or most recent year ($M)$969.2
    Year founded1972
    Type of organizationPublic
    Number of work sites5
    Websitewww.creditacceptance.com

    Perks

    100% health coverageNo
    Unlimited sick daysNo
    TelecommutingYes
    Job sharingNo
    Subsidized childcareNo
    Compressed work weeksYes
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityNo
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersNo
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo

    Diversity

    % Minorities55%
    % African-American/Black41%
    % Asian4%
    % Caucasian/White45%
    % Hispanic/Latino8%
    % Native American/Alaska Native-
    % Native Hawaiian/Pacific Islander-
    % Two or more races2%
    % Unknown ethnicity-

    Paid Time Off

    General PTO27
    # Sick days-
    General PTO for part-timers-
    # Sick days for part-timers-

    Compensation

    Most common job (for salaried employee)Market Area Manager
    Avg. base pay (salaried)$60,000
    Avg. extra compensation (salaried)$45,585
    Total pay for most common job (salaried)$105,585

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth17%
    # of job applicants22,918
    Avg. # of applicants per opening26
    FT voluntary turnover11%
    Jobs filled internally13%
    Jobs filled by referral28%
    # New graduates hired-