In the mortgage industry, periods of high originations volumes make it easier to be an employer of choice. It's a special feat to remain such a thing when times are tougher.
The following nine companies, which boast 500 or more employees, were highly rated by their staffs for creating a great environment to work in.
This ranking is a partnership between National Mortgage News and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies. The employee survey covers eight topics: leadership and planning; corporate culture and communications; role satisfaction; work environment; relationship with supervisor; training, development and resources; pay and benefits; and overall engagement.
Once the survey data is analyzed, the companies get a score that decides their ranking. The overall score is calculated using the employee survey (weighed at 75%) and the employer questionnaire (25%). To qualify for consideration, organizations with 25 or more employees need a minimum response rate of 40% while companies with 25 or fewer employees need 80%.
The survey addressed several topics, including satisfaction that employees had with the management of the companies that employed them. The positive response rate to the statement, "I am willing to give extra effort to help this organization succeed" was 97% for lenders of all sizes that made the list. This was the
The overall engagement score came in at 94%, a 1 percentage point increase from the year prior, this score grew thanks to more companies scoring higher in categories of being recommended as a place to work and being recommended for its products and services.
Check out the winners in the large-company category below.
