LendingClub Ranked as #38 among 100 U.S.
Companies Recognized for Employee Sentiment and
FRANCISCO, Oct. 6, 2022 /PRNewswire/ --
Newsweek today announced their annual rankings for the Top 100
Most Loved Workplaces® list, and LendingClub was ranked #38. The
2022 Top 100 Most Loved Workplaces® list is the result of a
collaboration between Newsweek and the Best Practice Institute
(BPI), a leadership development and benchmark research company.
The results were determined after surveying more than 1.4
million employees from businesses with workforces varying in size
from 50 to more than 10,000. The list recognizes companies that put
respect, caring, and appreciation for their employees at the center
of their business model and, in doing so, have earned the loyalty
and respect of the people who work for them.
"I am very proud to have our company recognized on Newsweek's
Top 100 Most Loved Workplaces list, it's a great reflection of the
LendingClub experience," said Tina
Wilson, Chief People Officer. "Our caring and respectful
culture is not only evident to our employees, but to our over 4
million members as well."
How positive workers feel about their future at the company,
career achievement, how much employer values align with employee
values, respect at all levels, and the level of collaboration at
the firm were the five critical areas measured to gauge employee
sentiment. In addition, areas such as inclusion, diversity, equity
and belonging, and company response and adaptability to the
COVID-19 pandemic, such as return-to-office rules, were identified
and analyzed in relation to the five critical areas measured.
"As a result of 'The Great Resignation,' more companies
recognize the importance of focusing on employee satisfaction to
not only attract but retain top talent," said Nancy Cooper, Global Editor in Chief, Newsweek.
"The businesses on this year's list clearly demonstrated that
"The companies on this list represent the best at placing love
at the center of their employee's experience," said Louis Carter, CEO, Best Practice Institute. "The
number of applications this year and analysis of survey data
reinforces our original findings that love is the strongest
predictor of the strength of a company's culture, employee
engagement, and satisfaction."
For the full Newsweek list of 2022's Most Loved Workplaces,
To identify the top 100 companies for the Newsweek ranking,
companies were evaluated and scored as follows: 35 percent of the
initial score was based on employee survey responses; 25 percent
was derived from analysis of external public ratings from sites
such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and
40 percent came from direct interviews with and written responses
from company officials. Newsweek then conducted additional research
into every company on the list, as well as the top runners up, to
determine the final list of 100 companies and their ranking. (The
list includes both U.S. firms and companies with a strong U.S.
presence that are based overseas.)
LendingClub Corporation (NYSE: LC) is the parent company of
LendingClub Bank, National Association, Member FDIC. LendingClub
Bank is the leading digital marketplace bank in the U.S., where
members can access a broad range of financial products and services
designed to help them pay less when borrowing and earn more when
saving. Based on more than 150 billion cells of data and over
$75 billion in loans, our advanced
credit decisioning and machine-learning models are used across the
customer lifecycle to expand seamless access to credit for our
members, while generating compelling risk-adjusted returns for our
loan investors. Since 2007, more than 4 million members have joined
the Club to help reach their financial goals. For more information
about LendingClub, visit https://www.lendingclub.com.
Newsweek is the modern global digital news organization built
around the iconic, over 85-year-old American magazine. Newsweek
reaches 100 million people each month with its thought-provoking
news, opinion, images, graphics, and video delivered across a dozen
print and digital platforms. Headquartered in New York City, Newsweek also publishes
international editions in EMEA and Asia.
About Best Practice
Best Practice Institute is an award-winning leadership and
organization development center, benchmark research company, think
tank, and solutions provider. BPI is the certifying body for Most
Loved Workplace® and conducted the original research to create the
model and criteria for becoming a Most Loved Workplace®. BPI's
research proves that Most Loved Workplaces® produce 3-4 times
better customer service, employee performance, and retention than
companies not loved by their employees.
For Investors: IR@lendingclub.com
Media Contact: Press@lendingclub.com
View original content to download
SOURCE LendingClub Corporation