Credit Acceptance Named a Top Workplace in Financial Services
15 Luglio 2024 - 10:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) has been named a Top Workplace in the Financial Services
Industry by Top Workplaces with a #9 ranking in the 500-plus
employee-size category. While Credit Acceptance has received the
Top Workplaces USA recognition for four consecutive years, this
year marks our debut on this industry-specific list.
On average, fewer than 3% of eligible
organizations earn a Top Workplace designation, making these
achievements clear differentiators among peers. This award reflects
our dedication to advancing our purpose, value, leadership, and
compensation and benefits. This dedication comes alive through our
culture of PRIDE (Positive, Respectful, Insightful, Direct, and
Earnest). These values are integrated into every aspect of our
workplace—from communications and performance management to our
hiring process and New Hire Onboarding—ensuring that team members
at all levels feel heard and empowered.
“This award is yet another recognition of our
commitment to maintaining a supportive and collaborative
workplace,” said Ken Booth, CEO of Credit Acceptance. “By listening
to our team members and embracing diverse perspectives, we’ve
created an environment where team members feel valued. This
environment is essential to fulfilling our mission of making car
ownership accessible to those who need it most.”
The award is based on feedback from Credit
Acceptance team members through anonymous surveys administered by
Energage, LLC, an employee research and culture technology firm
that partners with Top Workplaces to determine each year’s
winners.
About Credit
Acceptance
We make vehicle ownership possible by providing
innovative financing solutions that enable automobile dealers to
sell vehicles to consumers regardless of their credit history. Our
financing programs are offered through a nationwide network of
automobile dealers who benefit from sales of vehicles to consumers
who otherwise could not obtain financing; from repeat and referral
sales generated by these same customers; and from sales to
customers responding to advertisements for our financing programs,
but who actually end up qualifying for traditional
financing.
Without our financing programs, consumers are
often unable to purchase vehicles, or they purchase unreliable
ones. Further, as we report to the three national credit reporting
agencies, an important ancillary benefit of our programs is that we
provide consumers with an opportunity to improve their lives by
improving their credit score and move on to more traditional
sources of financing. Credit Acceptance is publicly traded on the
Nasdaq Stock Market under the symbol CACC. For more information,
visit creditacceptance.com.
About Energage
Energage is a purpose-driven company that helps
organizations turn employee feedback into useful business
intelligence and credible employer recognition through Top
Workplaces. Built on 18 years of culture research and the results
from 27 million employees surveyed across more than 70,000
organizations, Energage delivers the most accurate competitive
benchmark available. With access to a unique combination of
patented analytic tools and expert guidance, Energage customers
lead the competition with an engaged workforce and an opportunity
to gain recognition for their people-first approach to culture.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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