Credit Acceptance Named a 2024 Best Place to Work in IT by Computerworld
November 28 2023 - 4:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) has been named one of the Best Places to Work in IT for 2024
by Computerworld. Credit Acceptance ranked #6 among midsize
companies, up eight spots from a year ago. This marks the 9th time
the Company has been honored with this recognition.
Computerworld’s ranking, based on a
comprehensive survey evaluating companies’ offerings in categories
such as benefits, career development, retention, and future work,
highlights the top work environments for technology professionals.
Companies included on the list are also assessed on their ability
to provide a flexible work environment, opportunities to learn new
skills, and a corporate culture that values diversity and
teamwork.
Credit Acceptance deliberately works to maintain
a strong work culture by creating initiatives to connect and engage
with its remote workforce – from intentional monthly in-office days
to quarterly meetings at its five regional hubs across the
country.
“Technology is a key investment area for Credit
Acceptance as we strive to modernize the way we work and serve our
customers, and this recognition exemplifies our continued progress
in this space,” said Ravi Mohan, Chief Technology Officer, Credit
Acceptance. “Thanks to our recent shift to ‘remote-first,’ we’re
focused on attracting the best talent, regardless of a candidate’s
physical location, to further enhance our highly skilled workforce
and deliver for our customers.”
Credit Acceptance is focused on reviewing and
evaluating its technology for ways to improve the customer and team
member experience. Before the pandemic, less than 25% of the
Company’s team members worked remotely. Today, more than 95% are
fully remote, including 98% of our Engineering team. With only 16%
of companies allowing fully remote work, we’ve found this benefit
offers terrific advantages, allowing us to recruit top talent from
across the country.
Credit Acceptance is consistently recognized as
one of the best places to work by team members. Earlier this year,
the Company was recognized four times by Great Place to Work® and
Fortune, ranking 34th in the 100 Best Companies to Work For®, 9th
in the Best Workplaces in Financial Services & Insurance™, 25th
in the Best Workplaces for Millennials™, and 76th in the Best
Workplaces for Women™. Additionally, Credit Acceptance ranked 8th
as a Top Workplaces USA 2023 Award winner, 2nd in the Detroit Free
Press 2023 Top Workplaces, and 27th in PEOPLE Magazine’s 100
Companies That Care®.
About Credit Acceptance
Since 1972, Credit Acceptance has offered
financing programs 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 Computerworld
Computerworld is the leading technology media
brand empowering enterprise users and their managers, helping them
create business advantage by skillfully exploiting today’s
abundantly powerful web, mobile, and desktop applications.
Computerworld also offers guidance to IT managers tasked with
optimizing client systems – and helps businesses revolutionize the
customer and employee experience with new collaboration platforms.
Computerworld’s award-winning website (www.computerworld.com),
strategic marketing solutions and research forms the hub of the
world’s largest global IT media network and provides opportunities
for IT vendors to engage this audience. Computerworld is published
by Foundry.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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