Credit Acceptance Corporation

100 Best Companies 2020-Credit Acceptance Corporation
Courtesy of Credit Acceptance CorporationCourtesy of Credit Acceptance Corporation

    More than 80% of the subprime auto lender’s workforce participates in flexible scheduling and appreciates the convenience of on-site perks such as dry cleaning, fitness classes, and banking, as well as frequent celebrations and awards. “My wife was going through infertility issues for many years,” said one employee about the generous adoption and fertility financial assistance. “Credit Acceptance offers $10K per year ... We now have a beautiful 4-month-old baby boy.” Read the Great Place to Work review.

    Company Info

    Rank last year59
    Years on list7
    HQ locationSouthfield, Mich.
    Job openings (as of February 2020)113
    IndustryFinancial Services & Insurance
    Revenue, 2019 or most recent year ($M)$1,489
    Year founded1972
    Type of organizationPublic
    Number of work sites3


    100% health coverageNo
    Unlimited sick daysNo
    Job sharingNo
    Subsidized childcareYes
    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-timersYes
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo


    % Women56.9%
    % Minorities55.2%
    % African-American/Black39.3%
    % Asian5%
    % Caucasian/White44.8%
    % Hispanic/Latino8.9%
    % Native American/Alaska Native0.4%
    % Native Hawaiian/Pacific Islander0.2%
    % Two or more races1.4%
    % Unknown ethnicity-
    Date info providedAug. 27, 2019

    Paid Time Off

    PTO limit (days)27
    # Sick days5


    Most common job (for salaried employee)Market Area Manager
    Avg. base pay (salaried)$60,000
    Avg. extra compensation (salaried)$44,423
    Total pay for most common job (salaried)$104,423

    Hiring/Staffing (Past 12 Months)

    Full-time and part-time job growth9%
    # of job applicants24,824
    Avg. # of applicants per opening26
    # New graduates hired-