Bread Financial associates and children of associates pictured during Take Your Kid to Work Day 2024 at Bread Financial's corporate office in Columbus, Ohio.
The company has received numerous accolades for culture, benefits over the past several months
In recent months Bread Financial™, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, has been honored with multiple workplace awards and recognitions from prestigious organizations such as U.S. News & World Report and Newsweek. These accolades reflect Bread Financial's commitment to creating a positive and inclusive work culture that fosters innovation and collaboration, while also supporting the total well-being of its associates.
“Our goal is to provide a workplace that empowers our associates to thrive, and we enhance our programs, policies and benefits to ensure our associates feel cared for, understood, connected and invested, supported and valued in today’s work environment,” said Brandy Sullivan, senior vice president and chief people and culture officer, Bread Financial. “It is an honor to be recognized as a top employer across a variety of criteria, and I’m incredibly proud of our people and culture team for continually advocating for our associates and their evolving needs in order to make Bread Financial a place that not only attracts but retains top talent.”
U.S. News Best Companies to Work For
U.S. News & World Report, the global authority in rankings and consumer advice, recently recognized Bread Financial as a top employer, naming it to the 2024-2025 U.S. News Best Companies to Work For list. The ratings provide job seekers a detailed look at public companies in a variety of industries based on factors such as quality of pay and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, belongingness and esteem, and career opportunities and professional development. Receiving high scores on multiple metrics, Bread Financial was also recognized as a “best” employer in the Financial Services industry, as well as in the Midwest.
PLANSPONSOR's Plan Sponsor of the Year
In June, Bread Financial was recognized as a leader in retirement solutions by PLANSPONSOR, the trusted information and solutions resource for America’s retirement benefits decision makers. Taking home the award in the category for corporate defined contribution (DC) plans with $500 million to $1 billion in the plan, the honor recognized the significant strides Bread Financial made toward enhancing retirement outcomes for its associates in 2023. The company’s efforts included rebranding the program under its holistic well-being program, increasing its employer contribution to 6%, providing associates with a 3% non-discretionary contribution, along with the opportunity to receive a 3% company match ($0.50 for every $1 contributed, up to 6%), removing the waiting period and offering free investment advice.
“As evidenced by the many benefit enhancements made over the past several years, we are continually looking for ways to invest in what matters most to our associates and an opportunity that stood out was to further support and invest in our associates’ long-term financial future” said Perry Beberman, chief financial officer, Bread Financial.
Lindsay Madaras, senior manager of associate well-being at Bread Financial, and Perry Beberman, executive vice president and chief financial officer, pictured with the PLANSPONSOR of the Year award.
The 2024 PLANSPONSOR of the Year recipients gather for a photo at the Excellence in Retirement Awards dinner in Chicago. Pictured far left is Lindsay Madaras, senior manager of associate well-being at Bread Financial.
TIME America's Best Mid-Size Companies
Evaluating U.S.-based companies with revenue between $100 million and $10 billion, TIME, a global media brand built on 100 years of unparalleled trust and authority, recognized Bread Financial as one of America’s best mid-size companies. Scoring companies based on positive revenue growth, employee satisfaction and sustainability transparency, the company was ranked No. 55 out of 500.
Great Place to Work® Certificates and Best Workplaces™ in Fintech - India
For the third-consecutive year, Bread Financial is Great Place to Work Certified™ in the United States by Great Place to Work®, the global authority on workplace culture, employee experience and leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. The certification, which is determined by an associate survey and questionnaire, recognizes employers who create outstanding employee experiences. In the latest survey, 86% of U.S. associates said that Bread Financial is a “great place to work.”
In addition, Bread Financial’s Bangalore, India, location received certification from Great Place to Work India for the second year in a row and was also named a top five company on the Best Workplaces in Fintech-India list. Home to more than 800 associates, Bread Financial’s India office recently celebrated its fifth anniversary with the opening of a new office space as it continues to attract top talent in the area.
Bread Financial’s India office recently celebrated its fifth anniversary with the opening of a new office space as it continues to attract top talent.
Bread Financial associates in India pictured during annual Diwali celebrations at the Bangalore office.
Purpose Job's Best Company Culture in the Midwest
Bread Financial was also named to the Best Company Culture in the Midwest list by Purpose Jobs, a platform that connects purpose-driven professionals with mission-aligned companies. The award recognizes startups and tech companies in the region that prioritize supporting their associates, creating an environment that helps people thrive and offering a place where people can do their best work.
Newsweek America's Greatest Workplaces for Parents & Families 2024
According to the United States Labor Department’s Bureau of Labor Statistics, 67% of all married-couple families had both parents employed in 2023, and a 2022 Ohio State University study found that 66% of working parents reported feeling burned out. For its efforts to support modern families, Bread Financial was recognized by Newsweek, the modern global digital news organization, on its America’s Greatest Workplaces for Parents & Families 2024 list. In addition to a flexible work environment, the company provides traditional benefits such as maternity and parental leave, as well as resources that support associate’s physical, mental and financial health. For associates hoping to become parents or grow their families, Bread Financial offers a comprehensive fertility, surrogacy and adoption support benefit.
Bread Financial associates participated in Pelotonia 2024, an annual bike race in Columbus, Ohio, that raises funds to support cancer research.
About Bread Financial™
Bread Financial™ (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive suite of payment solutions that includes private label and co-brand credit cards and Bread Pay™ buy now, pay later products. Bread Financial also offers direct-to-consumer products that give customers more access, choice and freedom through its branded Bread Cashback™ American Express® Credit Card and Bread Savings™ products.
Headquartered in Columbus, Ohio, Bread Financial is powered by its approximately 7,000+ global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit breadfinancial.com or follow us on Facebook, LinkedIn, Twitter/X and Instagram.
