Employees at the Detroit-based mortgage lender (the biggest in the U.S.) are proud of the company’s commitment to revitalize its hometown. “The fact that Quicken is essentially redeveloping an entire major American city is an amazing achievement,” says one. The company has spent more than $5.6 billion buying and restoring buildings downtown since 2010, helped more than 15,000 local homeowners avoid tax foreclosure, worked to clean up blighted neighborhoods, and invested millions in local entrepreneurs. Meanwhile, employees enjoy award-winning training and development programs, including the Z Games, a citywide scavenger hunt “intended to push [employees’] personal limits and reveal their leadership style.”
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Company Info
| Rank last year | 14 |
| Years on list | 16 |
| HQ location | Detroit |
| Employees | 15,307 |
| Job openings (as of February 2019) | 724 |
| Industry | Financial Services & Insurance |
| Revenue, 2018 or most recent year ($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 | 31% |
| % African-American/Black | 20% |
| % Asian | 3% |
| % Caucasian/White | 64% |
| % Hispanic/Latino | 5% |
| % Native American/Alaska Native | - |
| % Native Hawaiian/Pacific Islander | - |
| % Two or more races | 3% |
| % Unknown ethnicity | 6% |
Paid Time Off
| General PTO | 32 |
| # Sick days | 32 |
Compensation
| Most common job (for salaried employee) | Mortgage Banker |
| Avg. base pay (salaried) | $29,171 |
| Avg. extra compensation (salaried) | $75,673 |
| Total pay for most common job (salaried) | $104,844 |
Hiring/Staffing (Past 12 Months)
| Full-time and part-time job growth | 1% |
| # of job applicants | 134,856 |
| Avg. # of applicants per opening | 20 |
| # New graduates hired | 502 |