Play ball! America’s largest mortgage lender celebrated the best quarter in its 34-year history by allowing its offices to take an afternoon off and attend a baseball game—a thank-you to employees for their role in the company’s success. Quicken Loans also stages an Oscars-style awards show, held at the legendary Fox Theatre in its hometown of Detroit, that honors employees for their hard work and accomplishments. The company has prioritized communication and transparency via roundtable discussions between senior leaders and up to two dozen staff members at a time; to date, nearly 1,500 employees have participated.
Read the Great Place to Work review.
Company Info
| Rank last year | 14 |
| Years on list | 17 |
| HQ location | Detroit |
| Employees | 15,600 |
| Job openings (as of February 2020) | 3,272 |
| Industry | Financial Services & Insurance |
| Revenue, 2019 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
| % Women | 46.8% |
| % Minorities | 31.1% |
| % African-American/Black | 19.4% |
| % Asian | 3.7% |
| % Caucasian/White | 63% |
| % Hispanic/Latino | 5.1% |
| % Native American/Alaska Native | 0.3% |
| % Native Hawaiian/Pacific Islander | 0.2% |
| % Two or more races | 2.5% |
| % Unknown ethnicity | 5.9% |
| Date info provided | Aug. 27, 2019 |
Paid Time Off
| PTO limit (days) | 32 |
| # Sick days | 32 |
Compensation
| Most common job (for salaried employee) | Mortgage Banker |
| Avg. base pay (salaried) | $25,194 |
| Avg. extra compensation (salaried) | $118,908 |
| Total pay for most common job (salaried) | $144,102 |
Hiring/Staffing (Past 12 Months)
| Full-time and part-time job growth | 3% |
| # of job applicants | 111,730 |
| Avg. # of applicants per opening | 17 |
| # New graduates hired | 569 |
