Progressive Named a Best Place to Launch a Career by BusinessWeek
Car insurance company jumps 10 spots on annual list of top employers for recent college grads
MAYFIELD VILLAGE, Ohio — September 23, 2009 — For the fourth year in a row, car insurance company Progressive has earned a spot on BusinessWeek magazine's Best Places to Launch a Career list. Each year, the magazine produces the ranking based in part on employer offerings such as salary, benefits and advancement opportunities. Progressive ranked 45th on this year's list, 10 spots higher than the previous year.
BusinessWeek compiles the list after contacting career services directors at leading universities across the country and asking them to identify top employers. Employers are asked to respond to an extensive survey on hiring, pay, benefits, training programs and advancement opportunities. Finally, market research firm Universum USA supplies data from a survey it conducts of more than 60,000 undergraduates about their most desirable employers. Information from all three sources is combined to calculate the final ranking.
Key Facts
- Progressive has earned a spot on the annual BusinessWeek Best Places to Launch a Career list.
- This is the fourth year BusinessWeek has published the list. Progressive has made the list every year.
- Progressive recruited on nearly 40 college campuses across the country last year before extending job offers to students with majors ranging from business and engineering to computer science and law.
- A casual dress code and performance bonuses — for which every Progressive employee is eligible — are part of what helped the car insurance company earn a spot on the list.
Quotes
John Hoppes, Progressive's recruitment director
"Earning a spot on BusinessWeek's Best Places to Launch a Career list every year tells us we're offering new graduates an environment where they are motivated to learn and grow."
"The only way we can be an outstanding company is to hire outstanding people who are highly motivated. We seek out people with strong analytical, leadership and problem-solving skills."
Eric Carlson, Progressive claims representative
"At Progressive, I've found a place where the work is meaningful, and I have an impact on people's lives. It's a fun atmosphere and my co-workers are willing to help each other out. I'm happy to come to work, and I'm encouraged to make decisions and bring new ideas to the table."
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About Progressive
The Progressive Group of Insurance Companies, in business since 1937, is one of the country's largest auto insurance groups, the largest seller of motorcycle and personal watercraft policies, and a market leader in commercial auto insurance based on premiums written.
Progressive is committed to becoming consumers' #1 choice for auto insurance by providing competitive rates and innovative products and services that meet drivers' needs throughout their lifetimes, including superior online and in-person customer service, and best-in-class, 24-hour claims service, such as its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.
Progressive companies offer consumers choices in how to shop for, buy and manage their auto insurance policies. Progressive offers its products, including personal and commercial auto, motorcycle, boat and recreational vehicle insurance, through more than 30,000 independent insurance agencies throughout the U.S. and online and by phone directly from the Company. Private passenger auto products and prices are different when purchased directly from Progressive or through independent agencies. To find an agent or to get a quote, go to http://www.progressive.com.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR.
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