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First American Equipment Finance named among Best Workplaces for Parents
First American Equipment Finance named among Best Workplaces for Parents
Listen to this articleFirst American Equipment Finance has been named as one of 2021’s Best Workplaces for Parents. It is the first time the Victor-based firm has been named to the list, ranking 49th out of 100 companies.
The Best Workplaces for Parents ranking is based on survey responses from more than 6 million current employees. In the survey, 98 percent of First American’s employees said First American is a great place to work. This number is 39 percent higher than the average U.S. company.
First American offers benefits for parents including subsidized daycare costs, fertility treatment reimbursement, adoption support and parental leave.
The company’s employee-led culture and communications team creates a calendar of family-friendly events each year, including a Halloween Trunk or Treat, amusement park outing, virtual cooking classes and an annual family picnic.
“My colleagues at First American have created an environment in which working parents can flourish, in and out of the office,” said CEO Alan Sikora. “I am incredibly proud of my colleagues who continue to evolve the benefits, technology and culture at First American, supporting an inclusive workplace for all.”
First American provides equipment financing to commercial borrowers. It is a is a wholly-owned subsidiary of Los Angeles, CA-based City National Bank, an RBC Company.
Over the past five years, First American’s new business volume has grown substantially, from $606 million in 2016 to $1.38 billion in 2021. During that time, the company created 90 local positions to accommodate that growth. The company also moved from Woodcliff Office Park to larger space at High Point Business Park in November.
The other local firm to make the 2021 Best Workplaces for Parents list is Wegmans Food Markets Inc. The grocer, which has been named to the list in previous years, ranked 73rd.
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