Hometap Named a Best Place to Work in Boston by Comparably
April 7, 2021
BOSTON – April 7, 2021 – Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, announced today that it has been named as one of Comparably’s 2021 Best Places to Work in Boston. Comparably, a company culture and benefits review platform, unveiled its annual Best Places to Work awards, which also included categories like Best Outlook, Best Departments, and Best Global Company Culture, on April 7. Winners were determined through 50+ structured questions in 20 core categories that included Leadership, Work-Life Balance, and Perks & Benefits. Employees’ anonymous responses were then used to calculate public ratings on each nominated company’s Comparably page from March 2020 through March 2021.
“While it’s always wonderful to be recognized for our dedication to helping homeowners, it’s especially meaningful to receive an award that reflects our commitment to creating and fostering a positive, collaborative, and mission-driven workplace,” said Hometap CEO Jeffrey Glass. “The fact that this Comparably award is the result of direct feedback from our team is a fantastic reminder of the ongoing effort we put into being good neighbors to each other.”
“Our list of the Best Places to Work in Boston represents the top-rated organizations in nearly 20 different workplace culture categories, according to employees,” said Comparably CEO Jason Nazar. “Despite a challenging year due to the pandemic, businesses like Hometap are applauded by their teams for remaining flexible and innovative while fostering outstanding company culture.”
Hometap garnered an “A” culture grade and 4.5 out of 5 stars overall from its employees, with “A+” grades in the categories of CEO Rating, Happiness, Retention, Office Culture, and Executive, Leadership, Team, and Manager Scores. These grades placed it in the top 5% of nominated companies with 500 or fewer employees.
Hometap gives homeowners near-immediate access to the equity in their homes — without interest or monthly payments — in exchange for a percentage of the future value of the property. The company currently makes home equity investments in 14 states and reaches approximately 66% of all U.S. homeowners. In 2020, Hometap increased its headcount by nearly 110%, with a specific focus on expanding its investment management, operations, and marketing teams to scale with the organization’s accelerating demand.
Hometap is a smart new loan alternative for tapping into home equity without taking on debt. Homeowners receive debt-free cash by selling a percentage of the equity in their homes to Hometap. They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home. When the home sells or the homeowner settles the investment, Hometap is paid out an agreed-upon percentage of the sale price or current appraised value. Learn more at https://www.hometap.com/.
Comparably (www.comparably.com) is a leading workplace culture and compensation monitoring site that provides the most comprehensive and accurate representation of what it’s like to work at companies. Employees can anonymously rate their employers in 20 workplace culture categories, providing the public a transparent and in-depth look at the experiences different segments of workers have based on gender, ethnicity, age, department, tenure, location, education and company size. Since launching in 2016, Comparably has accumulated 10 million ratings on 60,000 U.S. companies. The platform has become one of the fastest-growing SaaS solutions for employer branding and a trusted third-party site for workplace and salary data, most notably for its annual Best Places to Work series.