The Detroit-based fintech mortgage lender gets props for an “unbelievable” culture. CEO Jay Farner hosts face-to-face meetings with employees where “no topic is off-limits.” And staff can submit business ideas to the Cheese Factory, part of Quicken’s drive to “build a better mousetrap.” It implemented 900 of those ideas last year.
Read the Great Place to Work review here.
Company Info
| Rank last year | 10 |
| Years on list | 15 |
| HQ location | Detroit |
| Employees | 15122 |
| Job openings (as of February 2018) | 704 |
| Industry | Financial Services & Insurance |
| Revenue, 2017 or most recent year ($M) | - |
| Year founded | 1985 |
| Type of organization | Private |
| Number of work sites | 29 |
| Website | www.quickenloans.com |
Perks
| 100% health coverage | No |
| Unlimited sick days | No |
| Telecommuting | Yes |
| Job sharing | Yes |
| Subsidized childcare | Yes |
| Compressed work weeks | Yes |
| Fully-paid sabbaticals | No |
| On-site fitness/subsidized gym | Yes |
| On-site medical care facility | Yes |
| Non-discrimination policy includes sexual orientation | Yes |
| Health insurance for part-timers | Yes |
| Sick days for part-timers | Yes |
| College tuition reimbursement | Yes |
| Student loan debt repayment | No |
| Medical facility at all locations | No |
Diversity
| % Minorities | 37.68% |
| % African-American/Black | 19% |
| % Asian | 4% |
| % Caucasian/White | 62% |
| % Hispanic/Latino | 4% |
| % Native American/Alaska Native | - |
| % Native Hawaiian/Pacific Islander | - |
| % Two or more races | 2% |
| % Unknown ethnicity | 7% |
Paid Time Off
| General PTO | 20 |
| # Sick days | 20 |
| General PTO for part-timers | - |
| # Sick days for part-timers | 13 |
Compensation
| Most common job (for salaried employee) | Mortgage Banker |
| Avg. base pay (salaried) | $24,187 |
| Avg. extra compensation (salaried) | $122,388 |
| Total pay for most common job (salaried) | $146,575 |
Hiring/Staffing (Past 12 Months)
| Full-time and part-time job growth | 10% |
| # of job applicants | 122,532 |
| Avg. # of applicants per opening | 15 |
| FT voluntary turnover | 12% |
| Jobs filled internally | 15% |
| Jobs filled by referral | 62% |
| # New graduates hired | 770 |
