Press Release

May 7, 2021

Volkswagen Financial Services are Germany's Best Employer

Top position in the prestigious Great Place to Work employer competition for the 5th time in a row

Braunschweig, 11 May 2021. In this year's Great Place to Work employer competition, Volkswagen Financial Services took first place in the category "Large Companies with over 5,000 Employees" for the fifth time in a row, making them Germany's Best Employer once again. "Coming top again in this competition is a result that makes us really proud. We are delighted to have received such great feedback, especially in these particularly challenging times. To be a top employer remains our aspiration as part of our ROUTE2025 strategy. Winning first place in this ranking shows that we are on the right track. However, we have no intention of resting on our laurels and we will continue improving ourselves," insists Dr. Alexandra Baum-Ceisig, Member of the Management Board of Volkswagen Financial Services AG with responsibility for Human Resources and Organization.

Volkswagen Financial Services were able to improve significantly compared to the last time they took part in 2018. In the overall evaluation, 92 percent of the employees surveyed rated Volkswagen Financial Services as providing a very good workplace. That is six percent higher than the result from 2018 and as much as 20 percent more than the benchmark.

Information for editors:

Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA and Canada that belong directly or indirectly to Volkswagen AG – with the exception of the financial services of the Scania brand and Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, the bank and insurance business, fleet management and mobility offers. Volkswagen Financial Services have a total of 16,558 employees worldwide – including 7,472 alone in Germany. Volkswagen Financial Services report total assets of around EUR 225.6 billion, an operating result of EUR 2.8 billion and a portfolio of around 21.9 million current contracts (as at: 31.12.2020).


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