FinTech company dedicated to caring for team members, clients
and community
DETROIT, Aug. 31,
2022 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:
RKT), a Detroit-based FinTech
platform company consisting of tech-driven financial services
businesses – including Rocket Mortgage, Rocket Homes, Rocket Auto
and Rocket Money (formerly known as Truebill) – today placed 5th on
People Magazine's 2022 "Companies That Care" list, shining a
spotlight on the organization's inclusive, impact-driven culture.
Rocket Companies is known for its 20 core philosophies called
ISMs, its community impact and commitment to simplifying
complex transactions to help Americans achieve their dreams.
"We believe in a simple saying – love your people and love your
clients. This has led to a business that cares deeply about its
team members and communities," said Jay
Farner, CEO of Rocket Companies. "The ranking on this list
is a reflection of that philosophy, the work we do every day, the
incredible passion our team members show and the positive impact we
are making on those around us."
According to the Great Place to Work survey that contributed to
this ranking, 94% of Rocket Companies' team members believe it is a
great place to work and an impressive 97% of those surveyed said
they feel good about the ways the company contributes to the
community. The organization's culture operates with a
"For-More-Than-Profit" mindset and team members are encouraged to
bring their authentic selves to work, leading to 94% of survey
respondents feeling proud to work for Rocket Companies.
Rocket Companies proudly offers unique perks, often adding more
as the needs of its workforce change. Among the most notable
benefits are the newly-created Rocket Home Grant, a program
enabling team members to receive up to $10,000 toward a down payment if they are a
first-time homebuyer – along with exclusive loan pricing and
discounted closing costs through Rocket Mortgage. The company's
generous health benefits include a 100% company-paid health plan
option, an onsite health clinic with $5 office visits and a pharmacy with greatly
discounted over-the-counter drugs. Rocket Companies' insurance also
covers fertility treatments – including IVF – to help team members
grow their families.
"It is well known that when people feel like their needs are
taken care of, and they are appreciated for the work they do, they
more effectively take care of the company's clients," said
Mike Malloy, Chief Amazement Officer
of Rocket Central – serving Rocket Companies. "Every person has
access to customized benefits – like professional development
training and a wealth of resources including free degree and
continuing education programs – to encourage a rewarding and
purposeful career for all."
In addition to the care and attention given to its team members,
Rocket Companies recognizes that business and community are
inextricably linked. The company leverages its internal knowledge
and expertise to drive systemic change in the communities where its
team members and clients live – a source of pride and meaning among
its workforce. Two notable initiatives from Rocket Companies
include building economic opportunity in Detroit's neighborhoods and bridging the
city's digital divide through the "Changing the Course"
initiative.
Rocket Companies had a vision when it moved its headquarters to
Detroit in 2010: to generate
positive change in the city and enhance housing stability for
Detroit residents. In 2021, the
Gilbert Family Foundation – the personal foundation of Rocket
Companies founder and chairman Dan
Gilbert and his wife Jennifer – along with the Rocket
Community Fund – the philanthropic partner of Rocket Companies –
continued delivering on this commitment by introducing a 10-year,
$500 million philanthropic commitment
to building economic and social opportunity for Detroit residents. To date, nearly 5,000
low-income homeowners in the city have had their property tax debt
eliminated through the Detroit Tax Relief Fund – an initiative
launched by the Gilbert Family Foundation. Subsequent investments
have included the Detroit Home Repair Fund, the Detroit Eviction
Defense Fund and support for arts and culture institutions like the
Motown Museum.
In 2020, the first and only PGA TOUR event in Detroit's city limits – the Rocket Mortgage
Classic – introduced its "Changing the Course" campaign. "Changing
the Course" invests proceeds from the Rocket Mortgage Classic
toward ensuring that every Detroit
resident has access to the internet, technology and digital skills
training within a 10-minute walk of their home. To date, the Rocket
Mortgage Classic has invested more than $3.2
million toward this mission, connecting nearly 100,000
Detroit households to the
Emergency Broadband Benefit (EBB) and helping increase the city's
overall digital inclusion rate from 40% in 2020 to nearly 70% in
2022.
"By aligning all of the business resources across Rocket
Companies toward our communities, we can truly drive systemic
change," said Laura Grannemann, Vice
President of the Rocket Community Fund. "Rocket Companies, through
the Rocket Community Fund, is intentional about investing dollars
in Detroit and across the country
– both to make a lasting impact and to deeply connect team members
with a cause bigger than themselves."
For information on open positions at Rocket Companies, including
roles in technology, data science, product design and more visit
www.myrocketcareer.com.
Methodology:
People magazine teamed up with Great Place to Work® to produce
the ranking using the workplace analytic firm's extensive database
and inside knowledge of outstanding workplaces around the globe.
Rankings are based on surveys representing over 5 million
employees' experiences of how their workplaces have made a
difference in their lives and in their communities. Rankings also
reflect Great Place to Work's assessment of the generosity of each
organization's benefits, philanthropic and community support, with
particular focus on activities occurring in the last year.
About Rocket Companies
Founded in 1985, Rocket Companies is a Detroit-based FinTech platform company
consisting of personal finance and consumer technology brands
including Rocket Mortgage, Rocket Homes, Amrock, Rocket Auto,
Rocket Loans, Rocket Money (formerly known as Truebill), Rocket
Solar, Rocket Mortgage Canada (formerly known as Edison Financial),
Lendesk, Core Digital Media, Rocket Central and Rock
Connections.
Rocket Companies' mission is to be the best at creating
certainty in life's most complex moments so that its clients can
live their dreams. The Company helps clients achieve the dream of
home ownership and financial freedom through industry-leading
client experiences powered by its simple, fast and trusted digital
solutions. Rocket Companies ranked #7 on Fortune's list of the "100
Best Companies to Work For" in 2022 and has placed in the top third
of the list for 19 consecutive years. For more information, please
visit our Corporate Website or Investor Relations Website.
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SOURCE Rocket Companies, Inc.