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Mercedes-Benz Financial Services Canada ranked one of the Top Ten Best Workplaces in Canada by the Great Place to Work® Institute


News provided by

Mercedes-Benz Financial Services Canada

Apr 22, 2016, 08:00 ET

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Company ranked sixth among list of top 100 large and multinational companies

MISSISSAUGA, Ontario, April 22, 2016 /CNW/ -- Mercedes-Benz Financial Services Canada announced today that it has been ranked number six on the list of the 100 "Best Workplaces in Canada" by the Great Place to Work® Institute. This is the company's fourth top-ten rating in the "Large & Multinational Companies" category since 2009. A complete list, and related stories, was released today in a special edition of The Globe and Mail.

"I am thankful for and truly inspired by our employees' efforts to go above and beyond to give each other, our customers and our dealers exceptional experiences every day," said Stefan Karrenbauer, President and Chief Executive Officer of Mercedes-Benz Financial Services Canada. "We continually strive to foster a work environment of trust, built on our company's long-standing core values. We are proud that, once again, Mercedes-Benz Financial Services and Daimler Truck Financial, our co-brand in the trucking industry, are ranked among the ten best workplaces in Canada."

This list of "Best Workplaces in Canada" is compiled by Great Place to Work Institute Canada. The competition process is based on two criteria: two-thirds of the total score comes from a 58-statement survey completed by a random selection of employees, along with their open-ended comments about their organization; the remaining one-third of the score comes from an in-depth review of the organization's culture, including an evaluation of HR policies and procedures. This offers a rigorous representation of the organization from an employee perspective, and an overall portrait of the workplace culture. Together, they provide crucial data relative to the five trust-building dimensions of a Great Place to Work: credibility, respect, fairness, pride, and camaraderie. This year's list received more than 300 nominations and more than 60,000 employees participated in the 2016 "Best Workplaces in Canada" survey. 

Mercedes-Benz Financial Services Canada has also received several accolades from Great Place to Work Institute for its accomplishments within the five trust building dimensions. In 2012, it received top honors in the pride dimension. In 2013, the company was ranked among the top five companies in the camaraderie dimension, and in 2014, was acknowledged for its results in the respect dimension. This year, the company is again being recognized for its work in the respect dimension.

"At Mercedes-Benz Financial Services, we cultivate a culture of empowerment, which gives employees a tremendous sense of pride," said Shawna McNamee, Director of Human Resources and Administrative Services for Mercedes-Benz Financial Services Canada. "Each year, we seek input from our employees to identify opportunities to improve and invite them to actively participate in the initiatives that grow out of their feedback. This year's results show that our efforts continue to inspire trust, engagement and camaraderie among our team."

About Mercedes-Benz Financial Services
Mercedes-Benz Financial Services Canada, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger cars, vans and Daimler trucks in Canada by offering premier financial services to retail customers and the dealer network. Mercedes-Benz Financial Services provides lease and purchase options as well as insurance products to customers who choose Mercedes-Benz vehicles, including Sprinter vans, and smart cars. Commercial vehicle customers in Canada enjoy the benefits of leasing, financing and insuring their Freightliner, Western Star, Thomas Built and Fuso vehicles with Daimler Truck Financial. For more information, go to: mercedes-benz.ca/

Mercedes-Benz Financial Services USA LLC serves as the headquarters for operations in the United States, Canada, Mexico, Argentina and Brazil, and has approximately 1,800 employees throughout the Americas Region. It is a company of the Daimler Financial Services Group, headquartered in Stuttgart, Germany. Daimler Financial Services, with more than 9,000 employees globally, is one of the leading financial services organizations worldwide. For more information, go to: www.mbfs.com/corp.

About the Great Place to Work Institute
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. We are a research and consulting firm whose mission is to build a better society by helping companies transform their workplaces. Through proprietary assessment tools, advisory services, and employer branding programs, including workplace certification and Best Workplaces lists, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In Canada, Great Place to Work® produces the annual 100 Best Workplaces list, released in a national feature in the Globe and Mail. This is part of the world's largest annual workplace study, which culminates in a series of national lists in almost 50 countries, including the study's flagship list of 100 Best companies published annually in Fortune magazine. Globally, this survey represents the voices of 11 million employees, including approximately 300,000 from Canada alone. It's what makes this study so credible: the primary determinant used in selecting winners is an employee survey. There's only one way to get on this list – and that's if your employees put you there. Great Place to Work® online at www.greatplacetowork.ca and on Twitter at @GPTW_Canada.

SOURCE Mercedes-Benz Financial Services Canada

Melinda Mernovage, Office: 248-991-6610, Mobile: 248-595-1460, [email protected], http://www.mercedes-benz.ca

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