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100 BEST COMPANIES TO WORK FOR



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RANK: 5 (Previous Rank: 17)
Republic Bancorp
Headquarters: Owosso, MI
2002 Revenues ($ millions): 340
U.S. sites: 101
Year founded: 1986
Website: http://www.republicbancorp.com

  COMPANY INFO
Industry: Commercial Banks

EMPLOYEES
U.S. Employees 1,360
Employees Outside U.S. 0
% Minorities 11
% Women 76

JOBS
New Jobs (1 year) 20 % Voluntary Turnover 12
% Job Growth (1 Year) 2 Applicants 16,500
Professional Training (hrs./yr.) 50    
 
SALARY
Most Common Job (Professional) Mortgage Loan Officer Salary $150,000
Most Common Job (Hourly) Customer Service Representative (Teller) Salary $35,000

SUMMARY
Incentives galore for mortgage sellers: Last year 300 employees were awarded trips to Aruba, Cancun, or the Dominican Republic; all employees receive stock options. Since 1991 the company's stock has increased 1,700%.
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