If you’re looking for a job, employment search website Indeed has a suggestion: Advance Financial.
Nashville-based Advance Financial recently ranked eighth on an annual nationwide list of top workplaces for compensation and benefits, placing ahead of companies like Apple, GEICO, Comcast, AT&T, Boeing, Starbucks and ALDI.
Indeed’s list of top employers is available here.
“They say money can’t buy you happiness … but it’s still a crucial consideration whenever you’re looking for a job,” Indeed says in its announcement.
Indeed compiled the list by analyzing more than 100 million employer reviews and ranking the companies based on their average rating and number of reviews in the last two years. This is the first year Advance Financial has been selected.
“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.”
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 percent company-paid individual health insurance and newly introduced student loan repayment and paid parental leave plans.
Last year, when Advance Financial determined it would save $1 million in taxes under President Donald Trump’s new tax plan, it passed a large portion of those savings onto its employees by increasing both the company’s 401(k) match from 3 to 5 percent for all employees and the profit share potential for front-line retail employees from 3 to 5 percent.
These benefits earned Advance Financial an Indeed rating of 4.3 stars out of 5 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.
Advance Financial is just one of many Tennessee-based companies to benefit from Trump’s tax plan called the Tax Cuts and Jobs Act.
Last October, when Trump visited Johnson City, Americans for Tax Reform (ATR) released a list of “Tennessee Examples of Tax Reform Good News,” The Tennessee Star reported. Advance Financial was one of many examples.
The tax plan means 90 percent of wage earners have higher take-home pay, ATR said.
Advance Financial, which is family owned, has more than 100 stores and over 1,100 employees. In 2018, Advance Financial was named to the Inc. 5000 list of the fastest-growing private companies in the country for the seventh year in a row. It is rated A+ by the Better Business Bureau.
Editor’s note: Advance Financial is an advertiser in The Tennessee Star.
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