November 05, 2010
The Boston Globe Names American Student Assistance to Top Places to Work for Third Straight Year
BOSTON, MA November 5, 2010 – American Student Assistance®, the leading nonprofit services and advocacy organization assisting students and families to manage their education debt, has been named one of The Boston Globe’s Top Places to Work in Massachusetts for the third year in a row. The Top Places to Work 2010 magazine will be published in the Sunday Globe on November 7. Online, the report can be found at www.boston.com/topworkplaces.
The Top Places to Work recognizes the most progressive companies in the state based on employee opinions about company leadership, compensation and training, diversity/inclusion, career development, family-friendly flexibility, and values and ethics. Private companies and nonprofits as well as publicly held businesses were included in the analysis.
This year the rankings were organized into 3 categories: Large, Midsize, and Small companies. ASA® was ranked 32nd in the Midsize category.
“We are honored to be once again included on the Globe list,” said Lauren Rolfe, ASA vice president of human resources. “This trend of achievement demonstrates our continued commitment to being one of the leading nonprofit employers in Massachusetts. As an organization dedicated to helping students and parents keep their student loans healthy, we know our employees, and the service they provide, are our number one asset in providing the best experience possible for our customers.”
The Globe invited 1,160 employers to participate in the third annual Top Places to Work, an employee-based survey project. Of the organizations that went all the way through the process, research firm WorkplaceDynamics of Exton, Pa., specialists in employee engagement and retention, contacted more than 133,000 employees at those companies, and received completed confidential surveys from 82,000 individuals. Each was asked to grade their organization’s performance according to 23 distinct statements, ranging from “This organization demonstrates it values employees during difficult times’’ to “It’s easy to tell my boss the truth.’’
The publisher of The Boston Globe Chris Mayer stated, “Each of the companies included in the Top Places to Work 2010 deserve recognition for creating a positive workplace for their employees. Their accomplishment adds to the vitality of this state’s business environment.”
As college borrowing continues to increase and the job market stagnates, ASA’s services have never been more valuable to students and parents searching for smart education loan repayment solutions. ASA currently provides delinquency prevention services to 1.5 million borrowers nationwide.
To qualify for The Boston Globe’s Top Places to Work, a company must have more than 100 employees in Massachusetts. Rankings were composite scores calculated purely on the basis of employee responses.
About American Student Assistance
American Student Assistance is a nonprofit services and advocacy organization whose mission is to help college students and their families successfully manage higher education debt. Through proactive counseling, guidance, and education, ASA provides borrowers with objective and personalized federal student loan solutions throughout their entire loan experience. As part of a recently completed initiative overseen by the U.S. Department of Education, ASA helped borrowers avert over $120 million of loan defaults through its federal student loan debt management program. Established in 1956 as the nation’s first student loan guarantor and based in Boston, Massachusetts, ASA employs approximately 500 associates and has been recognized by the Boston Business Journal and Boston Globe as one of the region’s best places to work. Visit www.asa.org or call 617.728.4631 for more information.
