Ally Financial
Ally Financial Headquarters Address
Headquarters:
Ally Detroit Center
500 Woodward Ave Detroit, MI 48226
(view in map)
Purpose
We find new ways to deliver opportunity — no matter how you define it.
Our commitment to our customers has been at the core of who we are for 100 years. We’re relentlessly focused on “Doing it Right” and being a trusted financial services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. That’s why around 8.5 million people trust us to help with their bank, auto, invest and other financial needs.
Diversity & InclusionOur commitment to our customers has been at the core of who we are for 100 years. We’re relentlessly focused on “Doing it Right” and being a trusted financial services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. That’s why around 8.5 million people trust us to help with their bank, auto, invest and other financial needs.
Diversity Programs & Initiatives
Our journey of inclusion began the day we opened our digital doors. Our goal was to create and advance a culture where all backgrounds, experiences, interests, viewpoints, and skills are respected, appreciated, and encouraged. Since then, Ally has remained committed to doing it right, and being (even) better—for our employees, customers, and communities we serve.
In 2015, under the leadership of CEO Jeffrey “JB” Brown, we created an inclusion infrastructure that became the heart and soul of Ally culture, but there's still so much more to do. With every step forward, we’re strengthening our commitment to celebrating different.
Employee Resource Groups – Every voice is heard.
Our Employee Resource Groups (ERGs) provide the platform for our people to connect with one another and affect positive change in or outside the workplace. All employees are welcome to join each group and are encouraged to learn more about their fellow teammates.
Aliados ALLYs
Asian/Middle Eastern ALLYs
Black/African American ALLYs
Diverse Abilities ALLYs
Generational ALLYs
Pride ALLYs
Veteran ALLYs
Women ALLYs
Progressive about pay.
We believe equal access to earning potential is essential in attracting, keeping, and inspiring top talent.
In 2017, pay history was eliminated, ensuring candidates are paid in line with the market.
In 2020 and 2021, we issues two company-wide #OwnIt grants of 100 shares each year.
Our minimum wage currently stands at $17 per hours.
Pay rates for all positions are routinely reviewed, ensuring equitable pay across the organization.
Our promise begins with our people.
It all starts with attracting and nurturing a diverse and talented team. Together, we are our own most relentless allies.
We believe the best ideas come from a collective mixture of different voices and perspectives. We've come a long way in creating that environment, but, as our employee demographics show, there's still a lot of work to be done.
View 2021 Ally Employee Demographics: https://www.ally.com/about/social-impact/diversity-inclusion/
A benefits package that goes beyond basic.
We understand that different families have different needs, which is why we’re always evolving our benefits to accommodate our employees.
Family
Fertility support: Outlines options, coverage, and emotional support resources.
Adoption and surrogacy assistance: $35,000 per child, for up to two children per benefit.
Backup child and elder care: Provides access to 30 days of emergency care.
Education
Tuition reimbursement: $10,000/year towards pursuing an accredited degree.
Student loan paydowns: $100 monthly contribution, up to a lifetime maximum of $10,000.
529 SaveUp: $100 monthly contribution, up to a lifetime maximum of $10,000, towards a 529 savings plan.
Financial Well-being
Industry-leading 401(k) plan: Includes a generous company match, and contributions that can add up to 10% of eligible compensation.
Financial learning center: Provides education on a wide range of financial topics via articles, blogs and video.
Financial coach: Offers unlimited access to free, unbiased Certified Financial Planners.
Health & Wellness
Hearing aids: Grants up to $2,500 every three years for anyone enrolled in an Ally medical plan.
Autism therapy: Supplies no-limit on cost assistance for Applied Behavioral Analysis Therapy Autism treatment.
Emotional well-being: Access to free telehealth visits, including counseling support.
BenefitsOur journey of inclusion began the day we opened our digital doors. Our goal was to create and advance a culture where all backgrounds, experiences, interests, viewpoints, and skills are respected, appreciated, and encouraged. Since then, Ally has remained committed to doing it right, and being (even) better—for our employees, customers, and communities we serve.
In 2015, under the leadership of CEO Jeffrey “JB” Brown, we created an inclusion infrastructure that became the heart and soul of Ally culture, but there's still so much more to do. With every step forward, we’re strengthening our commitment to celebrating different.
Employee Resource Groups – Every voice is heard.
Our Employee Resource Groups (ERGs) provide the platform for our people to connect with one another and affect positive change in or outside the workplace. All employees are welcome to join each group and are encouraged to learn more about their fellow teammates.
Aliados ALLYs
Asian/Middle Eastern ALLYs
Black/African American ALLYs
Diverse Abilities ALLYs
Generational ALLYs
Pride ALLYs
Veteran ALLYs
Women ALLYs
Progressive about pay.
We believe equal access to earning potential is essential in attracting, keeping, and inspiring top talent.
In 2017, pay history was eliminated, ensuring candidates are paid in line with the market.
In 2020 and 2021, we issues two company-wide #OwnIt grants of 100 shares each year.
Our minimum wage currently stands at $17 per hours.
Pay rates for all positions are routinely reviewed, ensuring equitable pay across the organization.
Our promise begins with our people.
It all starts with attracting and nurturing a diverse and talented team. Together, we are our own most relentless allies.
We believe the best ideas come from a collective mixture of different voices and perspectives. We've come a long way in creating that environment, but, as our employee demographics show, there's still a lot of work to be done.
View 2021 Ally Employee Demographics: https://www.ally.com/about/social-impact/diversity-inclusion/
A benefits package that goes beyond basic.
We understand that different families have different needs, which is why we’re always evolving our benefits to accommodate our employees.
Family
Fertility support: Outlines options, coverage, and emotional support resources.
Adoption and surrogacy assistance: $35,000 per child, for up to two children per benefit.
Backup child and elder care: Provides access to 30 days of emergency care.
Education
Tuition reimbursement: $10,000/year towards pursuing an accredited degree.
Student loan paydowns: $100 monthly contribution, up to a lifetime maximum of $10,000.
529 SaveUp: $100 monthly contribution, up to a lifetime maximum of $10,000, towards a 529 savings plan.
Financial Well-being
Industry-leading 401(k) plan: Includes a generous company match, and contributions that can add up to 10% of eligible compensation.
Financial learning center: Provides education on a wide range of financial topics via articles, blogs and video.
Financial coach: Offers unlimited access to free, unbiased Certified Financial Planners.
Health & Wellness
Hearing aids: Grants up to $2,500 every three years for anyone enrolled in an Ally medical plan.
Autism therapy: Supplies no-limit on cost assistance for Applied Behavioral Analysis Therapy Autism treatment.
Emotional well-being: Access to free telehealth visits, including counseling support.
You're worth investing in.
Ally's Total Rewards program is designed to enrich your life at work — and outside of it.
We support our employees by providing benefits that help them through various life stages. Our parental leave policy provides 100% pay for both mothers and fathers, up to 12 weeks.
Compensation & Retirement Savings
Market-competitive base pay
Pay-for-performance incentives (bonuses)
Flexible paid-time-off
Volunteer time off
Industry-leading 401(k) retirement savings plan
Health & Wellness
Flexible health insurance options including dental and vision
Pre-tax Health Savings Account with generous employer contributions
Tobacco-free discount and tobacco cessation program
Wellness program encouraging healthy living with financial rewards
Life and disability benefits
Subsidized, discounted Weight Watchers® program
Work-Life Integration
Parental and caregiver leave
Adoption assistance
Backup child & adult/elder day care program
Child care discounts
Pre-tax commuter benefits
LifeMatters® Employee Assistance Program (EAP)
Career Development
Leadership training
Rewards and recognition program
Recruiting system for internal mobility and advancement
Tuition reimbursement
Online courses through the Ally Learning Center
Mentoring
Social ImpactAlly's Total Rewards program is designed to enrich your life at work — and outside of it.
We support our employees by providing benefits that help them through various life stages. Our parental leave policy provides 100% pay for both mothers and fathers, up to 12 weeks.
Compensation & Retirement Savings
Market-competitive base pay
Pay-for-performance incentives (bonuses)
Flexible paid-time-off
Volunteer time off
Industry-leading 401(k) retirement savings plan
Health & Wellness
Flexible health insurance options including dental and vision
Pre-tax Health Savings Account with generous employer contributions
Tobacco-free discount and tobacco cessation program
Wellness program encouraging healthy living with financial rewards
Life and disability benefits
Subsidized, discounted Weight Watchers® program
Work-Life Integration
Parental and caregiver leave
Adoption assistance
Backup child & adult/elder day care program
Child care discounts
Pre-tax commuter benefits
LifeMatters® Employee Assistance Program (EAP)
Career Development
Leadership training
Rewards and recognition program
Recruiting system for internal mobility and advancement
Tuition reimbursement
Online courses through the Ally Learning Center
Mentoring
Spark positive change.
At Ally, we firmly believe it’s our responsibility as corporate citizens to make a positive social impact on the world around us. This belief is embedded in the very fabric of our business and culture.
In 2017, we began rethinking our commitments to the communities where we live and work. We’re moving beyond giving programs that primarily focus on volunteering and philanthropy to a more strategic approach that supports social and business results. We’re focusing on environmental, social and governance (ESG) issues that differentiate us from our peers, provide a positive social impact and help our stakeholders understand what’s important to us.
Fast Company's Best Workplace for Innovators, 2021At Ally, we firmly believe it’s our responsibility as corporate citizens to make a positive social impact on the world around us. This belief is embedded in the very fabric of our business and culture.
In 2017, we began rethinking our commitments to the communities where we live and work. We’re moving beyond giving programs that primarily focus on volunteering and philanthropy to a more strategic approach that supports social and business results. We’re focusing on environmental, social and governance (ESG) issues that differentiate us from our peers, provide a positive social impact and help our stakeholders understand what’s important to us.
Fast Company's Best Workplace for Innovators, 2021
DiversityInc Top 50 Companies for Diversityhttps://www.diversityinc.com/diversityinc-announces-the-2021-top-50-companies-for-diversity-list/
Number of Employees in Ally Financial
10,000+
Ally Financial Revenue
$1B to $5B (USD)
Industry