At Elevate, 85 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 388 employee surveys, with a 90% confidence level and a margin of error of ± 1.93. It was published on Jun 19, 2018. 13506 Visitors

What Employees Say

I am able to take time off from work when I think it's necessary.
95%
 
People celebrate special events around here.
93%
 
Management is honest and ethical in its business practices.
91%
 
People care about each other here.
90%
 
I feel good about the ways we contribute to the community.
89%
 

What They Do

We asked Elevate to explain what they do. Here is what they had to say.

Elevate is reinventing the non-prime lending industry by giving consumers access to online credit products that provide financial relief today, and help people build a brighter financial future. 

About this Company

Website: https://www.elevate.com/ Industry: Financial Services & Insurance
US Headquarters: Fort Worth, Texas, 76109 US Sites: 3
Major Locations: Fort Worth, Texas, 76109; Dallas, Texas, 75001; San Diego, California, 92130 US Employees: 493
US Revenues: $570.3 million Worldwide Revenues: $673.1 million
Employees Worldwide: 652 Corporate Structure: Public
Stock Symbol: ELVT Founded: 2014

Elevate has been awarded:

Best Workplaces in Texas 2017 (ranked 30)

Best Medium Workplaces 2016 (ranked 93)


Healthy Habits

Perks and Programs

We asked Elevate to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Work/Life Balance for Families: Family-friendly programs are essential to cultivating an atmosphere where employees can thrive professionally while balancing family obligations. To provide a best in class paid leave program, Elevate researched over 1,500 programs to learn best practices and launched an improved plan that now ranks in the top 12%. The program supports the birth of a child or placement of a child in connection with adoption or foster care. Primary caregivers receive 12 weeks of continuous paid leave and - - we believe unique to Elevate - - 2 additional weeks of intermittent paid leave within the first 12 months of the child’s birth. We understand the joys and challenges that come with having a child and feel it is important to offer additional support beyond the initial paid leave time for parents to use for doctor appointments, sick days, etc. Eligible non-primary caregivers receive 4 weeks of continuous paid leave.
  • Development Days: Elevate puts the power of development in the hands of employees so they can reach their highest potential. We encourage employees to pursue additional learning and career opportunities from day one. Starting in orientation, we discuss how to create a Development Plan and access available resources (eLearning, certifications, workshops and mentors). We also offer Development Days, an open house event, where employees can learn about: Leadership Development, eLearning, Tuition Assistance, Development Plans, Elevate’s Toastmasters Club, Promotions, and Internal Moves. Also, as part of these events, we offer workshops on writing Development Plans and understanding your Myers-Briggs Type Indicator; signups for one-on-one developmental feedback (80 employees, or 20%, signed up); and developmental prizes of books, assessments, and lunches with our executives to discuss employees’ careers. One employee noted “It was great exposure to all of the different development resources to help me grow.”
  • Healthy Habits: Part of what makes Elevate unique is our passion for health and fitness. Our CEO is an avid cyclist, can be regularly seen riding his bike to work and encourages employees to pursue an active and healthy lifestyle. One perk employees receive is a $500 voucher to purchase a bike to help achieve their fitness goals. One employee noted, “Taking advantage of the bike program is one of the best things I have ever done! Love my bike!” Our passion for cycling extends to the community with our annual sponsorship of a charity bike ride that aims to eradicate hunger. Employees and family members can participate in the ride at no cost and help raise awareness and make a difference in the lives of hungry North Texans. Another popular wellness program is our Biggest Loser competition. This year’s program included 72 employees, who lost a combined 462 pounds!
  • Celebrate Success: Every other Friday, Elevate employees look forward to celebrating successes with a social hour. From giant Jenga to Karaoke to unique themes, no social hour is the same and employees love to unwind with a beer and chat with coworkers. It is important for us to get to know each other, talk business in a casual environment and make connections with people from different departments. Leaders also take the time to celebrate wins with their teams and arrange for fun outings where they can cheers to the completion of a project or overcoming a big challenge. From attending Rangers baseball games, to bowling, to team dinners, it is important that we recognize accomplishments and win together. We also celebrate our families and significant others with annual company-wide family events like this spring’s day at Six Flags Amusement Park and our annual Holiday Extravaganza.
  • Elevate the Community: To make an impact on the communities we serve, we provide both our time and money (3X the investment YOY). Each employee is given 16 hours of paid time per year to volunteer in the community with organizations they feel passionate about. In 2017, we logged over 1,000 individual volunteer hours, and that’s not including group volunteer events. Teams enjoy working together, and one of the biggest projects was assembling and distributing over 100 bikes that Elevate donated to elementary students in an economically disadvantaged area to promote self-reliance. We also partnered with Junior Achievement to teach the value of making smart financial decisions. Our employees taught budgeting skills and how to save for retirement. We also monetarily support the organizations that have a special place in the hearts of our employees through a quarterly charitable giving program where employees submit their charity of choice to receive $500.
  • Women in Technology: We formed an Elevate Women in Technology chapter in August 2017 to attract, retain, and develop strong female technologists. Through guest speakers, book clubs and other events, the 59 members and counting are able to expand their knowledge and impact. Led by our female Chief Information Officer, members enjoy meeting to discuss the challenges and opportunities they face within the industry. They also regularly attend conferences, network with other WIT groups and participate in community outreach programs that promote STEM education for female students – such as partnering with Junior Achievement to teach student about STEM degrees and careers as well as working with Girls Inc. to sponsor a disadvantaged woman starting college in a STEM field. Also, in an effort to promote gender diversity in the R statistical computing space, our San Diego office hosted a networking and book club event for the San Diego chapter of R-Ladies.
  • Deep Work = Dream Work: In July 2017, we started a company-wide practice of Deep Work from 9:00 -11:00 a.m. each day. This means no meetings, no emails - just work. The goals of Deep Work are to help us focus and minimize interruptions, and thus be more productive and innovative. Many employees have noted this is now one of their favorite aspects of working at Elevate. Comments include: "Introducing Deep Work has made major improvements to my work/life balance.” "Deep Work is a great idea and one that I wish I had at past jobs." “The consistent ability to block off time on my calendar provides a great benefit knowing I can put forth effort on key projects and not be pulled away.” Everyone from interns to executives practice Deep Work and embrace the time to not only be more productive and innovative but to work on personal development.
  • Better Together: We are proud to have a diverse population (44% of our employees are diverse) and encourage employees to share their culture with the entire organization. It is important to invest time in learning about our coworkers and their backgrounds to better understand each other and ultimately become closer as a team. One of our most highly anticipated events is our annual Diwali celebration, where an employee committee throws a lunch to celebrate the Festival of Lights and everyone is encouraged to attend, dress up and participate in the festivities. Our CEO and other executives don their best ethnic attire. Everyone looks forward to the Bollywood DJ, traditional dances and employee prepared delicacies that are entered as part of the culinary competition. We are committed to enhancing our cultural programs and are currently researching best practices to determine the next steps to further increase our cultural awareness.
  • Every Voice Counts: Elevate empowers every employee, no matter their position, to let their voice be heard to have an impact on the business. We do not have a “c suite” mentality at Elevate. There are no big offices and our executives have an open door policy. Our culture embraces the sharing of ideas and feedback, whether we are discussing successes or failures; every voice is essential to our growth. Our CEO holds monthly “Cookies with Ken” sessions to meet with employees to listen to their concerns. Changes from office layouts to entire department re-organizations have stemmed from these discussions. We also check-in with new hires to ensure that they have clarity in their role, are connected to their team, and our culture. New hires consistently comment on how they are encouraged to share their opinions and experiences from the beginning and that they feel their opinions are valued.
  • Random Acts of Kindness: Our customers cannot afford another financial burden so we regularly step forward in times of crisis, whether it be natural disasters or the loss of a job. Each quarter, our best customer service employees choose customers going through a crisis and forgive their loans on the spot. Many customers cannot believe their loan was forgiven and even call back to confirm and thank the company. These calls allow our customer service employees to connect with our customers and provide relief when customers are the most vulnerable. One employee said, “In hearing customers’ stories, I absolutely believe in the benefits of the product. Elevate cares about the well-being of every customer and truly invests in the lives of customers.” We also extend the connection by playing recordings of these Random Acts of Kindness calls at orientation and in our Town Halls so all employees hear first-hand the impact they are making.

COMPENSATION BY THE NUMBERS

50% Match of employee’s 401(k)/403b contribution up to 10% of salary90% Company-paid health coverage for employees
74% Company-paid health coverage for dependents

COMPENSATION PROGRAMS

  • 401(k) or 403b Program
  • Stock options
  • Employee stock purchase plan (ESPP)
  • Restricted stock units
Win Together

WORK-LIFE BALANCE BY THE NUMBERS

29 days Paid time off after one year of full-time employment 4 weeks Paid sabbatical after 10 year(s) of employment
29 Days Paid time off as of first day of full-time employment

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule (85% use it)
  • Telecommute option (10% use it)
  • Subsidized On- or Off-site Fitness (95% have access)
  • Onsite Amenities (free coffee, tea (hot and iced), lemonade, filtered water, and hot chocolate; free breakfast; subsidized lunches; subsidized drinks and healthy snacks through an onsite pantry; onsite fitness facilities and locker rooms;)

FAMILY CARE BY THE NUMBERS

70 days Job-protected maternity leave (including FMLA/STD) 70 days Fully-paid maternity leave (does not include personal vacation or paid time off)*
46 days Average length of maternity leave new mothers take20 days Job-protected paternity leave (including FMLA)
20 days Fully-paid paternity leave (does not include personal vacation or paid time off)*7 days Average length of paternity leave new fathers take
70 days Job-protected parental leave for adoptive parents (including FMLA)*70 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Mental health care
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)

Community and Environmental Impact

16 hours Paid time off to volunteer $205,760 Philanthropic donations in last year
Yes Recycling program

Diversity

  • Written policy prohibits discrimination based on (at a minimum) age, disability, race/ethnicity, religious beliefs, gender and sexual orientation
  • Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Women
  • 1 events a year connect employees with peers from different racial/ethnic, religious or country-of-origin identities
  • Non-birth parents in same-sex relationships can take parental leave

Leadership Diversity

 

Workforce Diversity

 
Town Hall

DEMOGRAPHICS

 
Elevate the Community

How to Get Hired

We asked Elevate for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

We find that certain people have the “Elevate” factor – risk takers, innovators and high achievers.  We have found that the best employees have a combination of wicked intelligence, directness when faced with a challenge, passion for change, curious outlook, exceptional work ethic and a collaborative spirit. 

What can prospective employees do to get your attention?

We’re searching for individuals who challenge the status quo.  What excites you about Elevate?  How do you feel about what we’re doing and the direction we’re headed?  We want to get a sense of how you think and hear your ideas.  After all, our company’s success is built from a collaborative platform.  At Elevate, the bar is high.  Another way to get our attention is to exhibit a strong sense of ownership in your career.  Do you have an entrepreneurial spirit?  We want to see it.  Plus, we like to have fun and don’t take ourselves too seriously.  Do you enjoy the outdoors?  Do you have any unique talents?  We want to get to know you. 

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

We are committed to cutting edge analytics and technology; quality execution, and providing a prime customer experience.  We are looking for candidates who have a passion for these commitments and will help us push ourselves and the industry to new heights.  Also, as part of our Agile Transformation, we are focused heavily on candidates who embrace the Agile principles and thrive in this collaborative, fast-paced environment.

What should interested candidates do to find out more and get started?

Prospective candidates interested in career opportunities with Elevate can engage with us through our social media channels as well as visit www.elevate.com/careers. Our careers page not only provides insight to what we value, and the perks we offer, but it provides a snapshot of our employees so candidates can see how they will fit in.  Our organization’s motto is, “The business is serious. The office isn’t.” We like to have fun and we want candidates who embrace a casual environment without a dress code or fancy offices. While we have fun, we also take our values seriously, which is why they are at the forefront of our careers page. Our values guide every aspect of our business; so much so that each employee’s review is based 50% on how they live the values of, “Think Big, Do the Right Thing, Win Together and Raise the Bar.”

hiring Outlook

200 Forecasted positions to fill in coming year 14% Job Growth
107 Average applicants per opening 22,867 Total job applicants
23% New hires by employee referrals 15% Openings filled by current employees
10 Recent graduates hired 16% Voluntary turnover for full-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

Follow Elevate

Related Companies