Business Excellence Awards
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Middletown-based Embrace Home Loans continues to enjoy strong growth in 2013, mainly, said President Kurt Noyce, because of the investment it makes in the well-being of employees.
Embrace is heavily employee-focused, believing that if its employees are operating at their maximum potential in all areas of their lives, the company will thrive. The philosophy has led to the 650-employee mortgage broker being named repeatedly over the last several years among R.I.’s Best Places To Work by Providence Business News.
Repeated kudos “result from a comprehensive strategy to invest in the professional and personal lives of our teammates,” Noyce said. “These investments are not exclusive to attractive compensation, best-in-class benefits and a commitment of donating to the community, but also to a training program that develops personal life skills, helping us improve our relationships in the workplace and at home.”
In the area of donating to the community, Embrace employees are each given 100 hours of paid time off annually to use volunteering in community projects.
The recent extended period of low interest rates were good for the lending industry as a whole, but the company has not been merely riding a rising tide, according to Noyce. “The company’s performance this past year was very much on plan with our strategic designs,” he said.
Buoyed by assets it purchased from Rockville, Md.-based Mason Dixon Funding in 2009, Embrace is looking to continue expanding its lending business. “We are actively pursuing both new-office launches and additional acquisitions,” Noyce said. •