Quicken Loans

100 Best Companies 2020-Quicken Loans
Courtesy of Quicken LoansCourtesy of Quicken Loans

    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 year14
    Years on list17
    HQ locationDetroit
    Employees15,600
    Job openings (as of February 2020)3,272
    IndustryFinancial Services & Insurance
    Revenue, 2019 or most recent year ($M)-
    Year founded1985
    Type of organizationPrivate
    Number of work sites29
    Websitewww.quickenloans.com

    Perks

    100% health coverageNo
    Unlimited sick daysNo
    TelecommutingYes
    Job sharingYes
    Subsidized childcareYes
    Compressed work weeksYes
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityYes
    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

    Diversity

    % Women46.8%
    % Minorities31.1%
    % African-American/Black19.4%
    % Asian3.7%
    % Caucasian/White63%
    % Hispanic/Latino5.1%
    % Native American/Alaska Native0.3%
    % Native Hawaiian/Pacific Islander0.2%
    % Two or more races2.5%
    % Unknown ethnicity5.9%
    Date info providedAug. 27, 2019

    Paid Time Off

    PTO limit (days)32
    # Sick days32

    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 growth3%
    # of job applicants111,730
    Avg. # of applicants per opening17
    # New graduates hired569