Entrepreneur Magazine and Culture IQ today released its premier Top Company Culture list, and First American Equipment Finance ranked #14 among high performance cultures with 100+ employees in the U.S.
To develop the ranking, Entrepreneur surveyed employees across First American and other organizations to determine the employees’ perspective on culture. Employee feedback and comments were then scored based on an algorithm. The study measured 10 areas that are predictive of high-performing cultures, including collaboration, innovation, agility, communication, support, wellness, work environment, responsibility, performance focus, and mission and value alignment.
“We are honored to be named a Top Company Culture by Entrepreneur and Culture IQ,” said Alan Sikora, CEO of First American Equipment Finance. “At First American, our colleagues genuinely respect and care about one another. We have great people working hard toward a shared vision. But we also know that to stay successful, we need to challenge one another to get better each and every day.”
Indeed, the Entrepreneur ranking went beyond perks and mantras to study the set of beliefs, behaviors, and employee engagement across the organization.
“Culture is a reflection not only of the values of the leaders themselves, but the embracing and sharing of those ideals among all levels of staff,” the study reported.
A high-performance culture translates to positive business results for First American. In fiscal 2016, First American grew new business volume by 46%, which is the company’s 4th straight year of greater than 25% growth.
About First American Equipment Finance
First American Equipment Finance is a wholly owned subsidiary of Los Angeles, CA-based City National Bank. First American is ranked among the largest equipment finance companies in the United States, and provides commercial equipment financing to the most creditworthy and sophisticated commercial borrowers in the country.
First American has been recognized by FORTUNE/Great Place to Work, including the Best Medium-Size Companies (#14), Best Workplaces for Women (#36), Best Workplaces in Finance and Insurance (#8), Best Workplaces for Giving Back (#26), Best Workplaces for New College Grads (#41), and Best Workplaces for Millennials (#16). First American has furthermore been named by ENTREPRENEUR Magazine as a Top Company Culture (#14) and by Best Companies Group as one of the Best Places to Work in New York (#2).