Credit Acceptance Named 2024 Top Workplaces USA Award Winner
20 Mars 2024 - 9:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) has been named a Top Workplaces USA Award winner for the
fourth consecutive year. We made it into the Top 10 again this year
with a #9 ranking in the 1,000-2,499-employee size category.
The award is due to the longstanding strengths
of Credit Acceptance’s 2,200+ team members and the culture they
foster, which is centered on our core values of PRIDE — Positive,
Respectful, Insightful, Direct, and Earnest.
“Our team members are proof that an empowering
work environment drives excellence across the organization,
including tremendous growth over our 52-year history” said Ken
Booth, Chief Executive Officer, Credit Acceptance. “This award is a
recognition of our ongoing commitment to changing lives and making
Credit Acceptance a great place to work.”
Remote work practices are critical to
maintaining this environment. Nearly 95% of our team is fully
remote, giving them the flexibility to prioritize work-life balance
and excel personally and professionally. Through initiatives like
monthly in-office days and quarterly regional meetings, we ensure
our team members remain connected regardless of physical
location.
This is the first workplace award we have
received this year. We received eight of them in 2023, including
reaching #34 in the Fortune 100 Best Companies to Work For® list.
Other notable recognitions included PEOPLE Magazine’s 100 Companies
that Care®, Fortune’s Best Workplaces for Women™, and
Computerworld's Best Places to Work in IT.
The Top Workplaces USA Awards are based on
feedback from Credit Acceptance team members through anonymous
surveys. The surveys are 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
Credit Acceptance (NASDAQ:CACC)
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