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 $10K per year ... We now have a beautiful 4-month-old baby boy.”
Read the Great Place to Work review.
Company Info
| Rank last year | 59 |
| Years on list | 7 |
| HQ location | Southfield, Mich. |
| Employees | 2,093 |
| Job openings (as of February 2020) | 113 |
| Industry | Financial Services & Insurance |
| Revenue, 2019 or most recent year ($M) | $1,489 |
| Year founded | 1972 |
| Type of organization | Public |
| Number of work sites | 3 |
| Website | www.creditacceptance.com |
Perks
| 100% health coverage | No |
| Unlimited sick days | No |
| Telecommuting | Yes |
| Job sharing | No |
| Subsidized childcare | Yes |
| Compressed work weeks | Yes |
| Fully-paid sabbaticals | No |
| On-site fitness/subsidized gym | Yes |
| On-site medical care facility | No |
| 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
| % Women | 56.9% |
| % Minorities | 55.2% |
| % African-American/Black | 39.3% |
| % Asian | 5% |
| % Caucasian/White | 44.8% |
| % Hispanic/Latino | 8.9% |
| % Native American/Alaska Native | 0.4% |
| % Native Hawaiian/Pacific Islander | 0.2% |
| % Two or more races | 1.4% |
| % Unknown ethnicity | - |
| Date info provided | Aug. 27, 2019 |
Paid Time Off
| PTO limit (days) | 27 |
| # Sick days | 5 |
Compensation
| 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 growth | 9% |
| # of job applicants | 24,824 |
| Avg. # of applicants per opening | 26 |
| # New graduates hired | - |
