Last updated on January 17th, 2020 at 01:14 am
Local fintech company Advance Financial recently ranked eighth on Indeed’s annual nationwide list of top-rated workplaces for compensation and benefits, ranking ahead of national powerhouses Apple, GEICO, Comcast, AT&T, Boeing, Starbucks and ALDI.
Indeed, the world’s number one jobs site, compiled its list by analyzing more than 100 million employer reviews and ranking the companies based on their average rating and number of reviews within the last two years. This is the first year Advance Financial has been named to the list.
“What an unbelievable honor to be ranked among some of the most successful companies in the world for our compensation and benefits package,” said Tina Hodges, chief executive and chief experience officer of Advance Financial. “It may sound cliché, but we truly wouldn’t be where we are without our employees, so we find it incredibly rewarding and undeniably important to offer them an industry-leading benefits package.”
Advance Financial’s employee benefits include: 40 hours paid time off to volunteer in the community, an onsite nurse, gym, weekly yoga classes, above market starting hourly rates, 401(K) matching plans, 100% company-paid individual health insurance and newly introduced student loan repayment and paid parental leave plans.
Last year, when the company determined it would save $1 million in taxes under President Trump’s new tax plan, it passed a large portion of those saving onto its employees by increasing both the company’s 401(k) match from three to five percent for all employees and the profit share potential for front-line retail employees from three to five percent.
These benefits earned Advance Financial an Indeed rating of 4.3 stars out of five for compensation and benefits with reviews touting the company’s “unmatched” benefits, “competitive” pay, treatment of employees as more than just simple assets and an exceptional culture.