Stefan Karrenbauer, president and chief executive officer of Mercedes-Benz Financial Services Canada.
By CRM Staff
Mississauga, Ontario -- April 30, 2018 -- In a recent announcement, Mercedes-Benz Financial Services Canada revealed that it has been ranked number 10 on the list of the Best Workplaces in Canada by the Great Place to Work Institute of Canada. This is the company's fifth top-ten rating in the "Large & Multinational Workplace" category since 2012. 
"We are deeply honoured to be recognized as a Great Place to Work – again and I am so proud of our employees, for it is they who create an exceptional workplace," said Stefan Karrenbauer, president and chief executive officer of Mercedes-Benz Financial Services Canada. "I always remember that this award is largely a result of their honest feedback. And it is their continuous commitment to excellence, to each other, to our customers and to our dealers that is at the heart of our success as an organization and what makes us a Great Place to Work."
The 2018 Best Workplaces in Canada list is compiled by the Great Place to Work Institute. The competition process is based on two criteria: two-thirds of the total score comes from confidential employee survey results and the remaining one-third comes from an in-depth review of the organization's culture. This offers a rigorous representation of the organization from an employee perspective, and an overall portrait of the workplace culture. Together, they provide crucial data relative to five trust-building dimensions: credibility, respect, fairness, pride, and camaraderie. This year's list received more than 400 registrations and greater than 80,000 employees participated in the 2018 "Best Workplaces in Canada" survey, rolling out to impact over 300,000 Canadian employees.
Last year, Mercedes-Benz Financial Services Canada earned placement on the 2017 list of Best Workplaces in the Financial Services & Insurance Industry in Canada as well as the list of twenty Best Workplaces in Canada for Millennials.
"The world is changing at a rapid pace, as is our business. Team members are encouraged to try new ways of doing things. Not everything is a success, but we are successful because we are bold enough to try," added Karrenbauer. "The willingness to try, to risk, to fail, to reach and to celebrate that effort is a central part of how we build our unique corporate identity."
For more information about the 2018 Best Workplaces in Canada list or the Great Place to Work Institute, please contact or visit 


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