Hagerty Named “Great Place tow Work® 2014: Employee Trust is the Leading Factor for Great Workplaces

 

Hagerty Named “Great Place to Work® 2014: Employee Trust is the Leading Factor for Great Workplaces

H agerty, a leading insurer of classic cars, was named by Great Place to Work® as one of the best small and medium workplaces in the United States on its annual 2014 Best Small & Medium Workplaces, just published in FORTUNE magazine. Ranked #6, this is the second year in a row that Hagerty has received this honor, moving up from a 13th ranking in 2013.

Competing against hundreds of companies across the country, the insurance entity participated in a rigorous selection process, which included an employee survey and an in-depth questionnaire about benefits programs and company practices.

Great Place to Work® evaluates each application using its unique methodology based on five dimensions: credibility, respect, fairness, pride and camaraderie. In compiling the list, Great Place to Work® has found that employees believe they work for great organizations when they consistently trust the people they work for, have pride in what they do and enjoy the people they work with, according to the article.

Based in Traverse City, Michigan, Hagerty is the world’s leading insurance provider for classic vehicles and host to the largest network of classic car owners. Hagerty offers insurance for classic cars, trucks, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage.

“Our employees are responsible for our success and we put a lot of effort into fostering a fulfilling workplace environment,” stated McKeel Hagerty, President and CEO. “I am especially honored by the knowledge that our employees continue to have a high level of trust in Hagerty. Our trust index rose three percent from 2013, showcasing that 91% of our workforce have sincere love for their work.” 2014 represents the second time that Hagerty has received the Great Place to Work® designation. A sampling of the reasons cited as to why Hagerty was selected for the Top 50 listing includes:

• The company’s dedication to professional and personal development of its workforce through education at its own Hagerty University and wellness programming at the corporate gym, Ironworks.
• Connections with enthusiasts within the classic vehicle community through such activities as youth programming, hobby education and preservation, and the communities in which employees live and work, via Hagerty Cares, the company’s volunteer program.
• Commitment to transparency and communication from the CEO, Senior Leadership and their direct managers.

“The work of these companies is quite impressive,” said China Gorman, CEO of Great Place to Work®. “They provide an example that others can look to, to see what kind of outstanding workplace is possible – regardless of size, industry, or other circumstances. For example, the growth that many of these companies are experiencing is tremendous, and they are paying attention to culture every step of the way. This focus on a strong cultural foundation will help pave the way for continued success as they serve their employees and their customers.

Organizations named on the list see many benefits that include better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, increased innovation and creative thinking, higher productivity and enhanced public perception.

To learn more about how to build a high-trust workplace culture, visit www.greatplacetowork.com. Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and employer branding programs, including Best Companies lists and workplace reviews, Great Place to Work® provides the benchmarks, framework and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual FORTUNE 100 Best Companies to Work For list and the Great Place to Work® Best Small and Medium Workplaces list. Divided into two categories, Small (50-250 employees) and Medium (251-999 employees), the Best Small and Medium Workplaces list has recognized companies with exceptional workplace cultures for the past ten years. Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US. For information about global operations at Great Place to Work® visit www.greatpl