Porch Group Earns 2022 Great Place to Work Certification™

Rhea-AI Summary

Porch Group has earned the Great Place to Work Certification™, with 77% of its employees affirming it as a great workplace, exceeding the U.S. company average by 20%. This recognition underscores Porch Group's commitment to fostering a strong workplace culture guided by its 'No Jerks, No Egos' philosophy. The Great Place to Work Certification is based on employee feedback, highlighting Porch Group's dedication to enhancing employee retention, innovation, and overall satisfaction in the workplace. The company continues its mission to redefine the home services and insurance industries.

Positive

• 77% of employees indicate Porch Group is a great workplace, 20 points higher than the U.S. average.
• Certification reflects strong employee satisfaction and positive workplace culture.
• Improved employee retention and innovation potential as a result of positive employee feedback.

Negative

• None.

Porch Group Employees Indicate Porch Group as a Great Place to Work

SEATTLE, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, is proud to announce it has been Certified™ by Great Place to Work^®. The prestigious award is based entirely on what current employees say about their experience working at Porch Group. This year, 77% of Porch Group employees said it’s a great place to work – 20 points higher than the average U.S. company. 

Great Place to Work^® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. 

“We are thrilled to become Great Place to Work-certified, a recognition that says as much about our employees as it does about our company and our Porch Group values,” said Matt Ehrlichman, CEO, Chairman and Founder of Porch Group. “Since our founding in 2012, we’ve remained steadfast in our values and commitment to foster a ‘No Jerks, No Egos’ culture. Our culture is only as good as the people who work here — and I am incredibly proud of the talented and collaborative people we have who are helping build Porch into a truly great and enduring company.”

“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Porch Group is one of the best companies to work for in the country.”   

According to Great Place to Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits, and have a fair chance at promotion. 

WE’RE HIRING! 
Looking to grow your career at a company that puts its people first? Visit our careers page at: https://porchgroup.com/careers.

About Porch Group
Porch Group is a Seattle-based, vertical software platform for the homeowner industry. Porch Group provides software and services to over 28,500 home services companies such as home inspectors, utility companies and loan officers, home inspectors, warranty companies, and real estate agencies. Through these relationships and its multiple brands, Porch Group provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, warranty, moving, security, TV/internet, home repair and improvement, and more. To learn more about Porch Group, visit porchgroup.com or porch.com.

About Great Place to Work Certification™ 
Great Place to Work^® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work-Certified.  

About Great Place to Work^® 
Great Place to Work^® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. 

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram. 

Porch Group Contacts:
Investor Relations:
Emily Lear, Head of Investor Relations
Porch Group
(701) 214-8177
Emilylear@porch.com        

Press:
Catherine Adcock
Gateway Group, Inc.
(949) 386-6332
PRCH@gatewayir.com 

FAQ

What does the Great Place to Work Certification mean for Porch Group (PRCH)?

The Great Place to Work Certification indicates that Porch Group (PRCH) has been recognized for its positive employee experience, with 77% of employees stating it’s a great workplace.

How does Porch Group (PRCH) compare to other companies regarding workplace satisfaction?

Porch Group (PRCH) received a 77% positive response from employees, which is 20 points higher than the average for U.S. companies.

When was Porch Group (PRCH) certified as a Great Place to Work?

Porch Group (PRCH) announced its Great Place to Work Certification on August 24, 2022.

What employee experience metrics contributed to Porch Group’s (PRCH) certification?

The certification is based on employee feedback regarding workplace culture, trust, and engagement, with a focus on a high-trust environment.

How does Porch Group's (PRCH) culture influence its operations?

Porch Group's culture, emphasizing 'No Jerks, No Egos', fosters collaboration and employee satisfaction, aiding in retention and overall business performance.