Finance of America Reverse (FAR), a leading mortgage bank, received a Great Place to Work certification for the first time in the company’s history.
This definition, based entirely on the shared vision of the people currently working in the organization, comes from 93% of the surveyed employees who describe FAR as “a great place to work”. The rating is 34 points higher than the average American company, according to a joint statement by FAR and Great Place to Work.
“Great Place to Work certification isn’t easy – it requires ongoing dedication to the experience of the employees,” said Sarah Lewis-Coolin, vice president of international recognition at Great Place to Work in a joint statement. “This is the only official recognition driven by real-time employee culture reports. This title means that FAR is one of the best companies to work in the country. “
According to her, FAR President Kristen Siffert shares this opinion, considering this honor a celebration for the company’s employees.
“We are honored to receive this recognition and recognize the incredibly talented, hardworking and dedicated people who make FAR a great place to work and grow,” Siffert said in a joint statement. “Our main goal is to create an environment that fosters collaboration and ingenuity, while encouraging everyone to strive to do their best. Our team is our greatest asset, and our senior management has a responsibility to respect, validate and empower everyone. We at FAR have a lofty mission to revolutionize the way people think about their retirement and their funding, and the people who work for FAR are catalysts to help make that possible. ”
The COVID-19 pandemic, like many businesses, has been a source of change for FAR, and the company has sought to demonstrate as much dedication as possible to its team. The imperative to move to virtual work has prompted the company to embark on new initiatives to engage with employees who have had to move to a home environment to do business, coordinate virtual events, and send thematic gifts along with personalized communication to keep employees connected with each one. Others.
“FAR has also relaunched its 10-Star initiative to strengthen its vision for collaboration and to highlight employees who exceed the expectations of borrowers, partners and colleagues,” the company said in a joint statement. “To further invest in employees, the company holds an annual President Meeting, a flagship event that gives employees the opportunity to build an in-house community, enhance their leadership skills, and offer new creative solutions for FAR borrowers.”
According to a study by Great Place to Work, employees in certified workplaces are 93% more likely to look forward to coming to work and are twice as likely to get paid and fair promotions.
Housing Mortgage Approval (HECM) data According to Reverse Market Insight (RMI), FAR is ranked as the second largest lender in reverse mortgage lending, with 4,759 approvals for the 12-month period ending May 2021.