The Work Index by Flexa

PRA Group (Nasdaq: PRAA)

PRA Group is a global leader in acquiring and collecting nonperforming loans, returning capital to banks and other creditors to help expand financial services for consumers.

https://www.pragroup.com/
4.6

/10

Transparency ranking

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Description

PRA Group is a global leader in acquiring and collecting nonperforming loans, with over 25 years of experience in the industry. They serve millions of consumers worldwide, returning capital to banks and other creditors to help expand financial services. They are committed to a long-term focus and customer care, and their operations span 18 countries, 12 languages, and 12 currencies. PRA Group is publicly traded on the NASDAQ under the ticker symbol PRAA.

PRA Group is dedicated to building a trustworthy reputation in the debt collection industry. They are committed to treating customers with respect and empathy and providing flexible repayment options. They also focus on creating rewarding careers for their employees and giving back to the communities they operate in. Their corporate social responsibility initiatives are an integral part of their strategy and culture, guided by their environmental, social, and governance (ESG) principles.

Flexibility

PRA Group offers flexible work arrangements, including work-from-home opportunities across all markets. The company also provides additional paid time-off days for most employees in the US, as well as free medical and mental telehealth benefits. They offer virtual physical fitness classes, nutrition planning, and personalized workout routines, and have launched a new development framework and guides to support professional development globally. This demonstrates PRA Group's commitment to creating a work environment that is flexible, supportive, and conducive to employee well-being.

Benefits

PRA Group offers a competitive benefits package to its employees, including increased work-from-home opportunities, additional paid time off, free medical and mental telehealth benefits, bonuses for exceptional performance, virtual fitness classes, nutrition planning, and personalized workout routines. Additionally, they offer a temporary match to Dependent Care Flexible Spending Account, a new development framework for professional development, free web-based learning courses, and various employee recognition programs.

Mission

PRA Group is a global leader in acquiring and collecting nonperforming loans. Their mission is to deliver nonperforming loan solutions that drive success through a long-term focus and customer care. They achieve this by providing essential capital to banks and other lenders, helping expand financial services available to consumers and businesses. This mission is the foundation for everything they do, from their approach to customer service to their commitment to creating a fulfilling work environment for their employees.

Data-driven
Social impact led

Culture

PRA Group prioritizes a culture that values doing things the right way, for the right reasons, with a long-term focus. They emphasize a customer-centric approach, treating customers with respect and empathy while striving for financial improvement. The company fosters an inclusive environment that recognizes the diverse experiences, perspectives, and abilities of its employees, promoting career development and professional growth. Their commitment to social responsibility extends beyond their core business, with a strong emphasis on community engagement and charitable giving.

People-first

DE&I

PRA Group values the diverse experiences, perspectives, and abilities of its employees and is committed to fostering a sense of belonging by working together to build an equitable and inclusive culture. They believe that diversity makes them stronger, and they strive to create an environment where everyone feels comfortable being themselves and being their best. This commitment extends beyond internal practices to include community engagement and responsible administration of services to customers.

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