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Mercedes-Benz Financial Services Canada ranked one of the Top 20 Best Workplaces in Canada for Millennials by the Great Place to Work® Institute

MISSISSAUGA, Ontario, Sept. 5, 2017 -- Mercedes-Benz Financial Services Canada announced today that it has again been honoured by the Great Place to Work Institute, this time with placement on the 2017 list of the twenty Best Workplaces in Canada for Millennials.

"It's a privilege to be recognized once again by our employees and the Great Place to Work Institute," says Stefan Karrenbauer, President and Chief Executive Officer of Mercedes-Benz Financial Services Canada. "According to a 2014 study by Brookings, Millennials will make up close to 75 percent of the workforce in approximately 10 years. This generation is vital for our future and it is critical to understand what Millennials value so that we can continue to build a strong corporate culture. Though Millennials are an important cornerstone of our strategy, we are competing for the best talent at every level of experience. We aim to be an employer of choice by offering unique benefits and career opportunities designed to fit different lifestyles."

In 2016, Mercedes-Benz Financial Services Canada was, for the fourth time since 2012, ranked in the top-ten in the "Large & Multinational Companies" category on the list of the 100 "Best Workplaces in Canada" by the Great Place to Work Institute. Last year, the parent company of Mercedes-Benz Financial Services Canada, Daimler Financial Services, was ranked fifth out of 25 companies on the list of the World's Best Multinational Workplaces.

"Our company celebrates the existing diversity within our workforce, embraces inclusion in our core values and all of our business dealings, and strives to promote an even greater culture of diversity and inclusion among every generation, gender and ethnicity," added Karrenbauer. "Making these lists helps validate that we are on the right track. But it is important to always stay focused on the future, to continuously improve, so we maintain a strong, inspired and empowered employee community."

The list of the Twenty Best Workplaces for Millennials is based on direct feedback from employees of the hundreds of organizations that were surveyed by Great Place to Work® Institute Canada. The data has a 90% confidence and a plus or minus 5% margin of error.

Analysis of the data to compile this list focused on the following:

  • For eligibility, companies certified in the past year, at least 30% of their employees must fit the Millennial demographic (born after 1980), they must have minimum 90% positive response to the statement "I am treated fairly regardless of my age" and the organization must meet a minimum consistency index among the different age demographics.
                                                                       
  • Great Place to Work® Institute determined the BEST based the overall Trust Index score from Millennials working in the organization.

About Mercedes-Benz Financial Services Canada 
Mercedes-Benz Financial Services Canada, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz Passenger Cars, Vans and Daimler Commercial Vehicles in Canada by offering premier financial services to retail customers and the dealer network. Mercedes-Benz Financial Services Canada provides lease and purchase options, as well as insurance products to customers who choose Mercedes-Benz vehicles, including Sprinter vans, and smart cars. Commercial Vehicle customers in Canada enjoy the benefits of leasing, financing and insuring their Freightliner, Western Star, Thomas Built and Fuso vehicles with Daimler Truck Financial. For more information, go to: mercedes-benz.ca/mbfs

About Great Place to Work®: 
Great Place to Work ® (GPTW) is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, GPTW recognizes the world's Best Workplaces in a series of national lists including those published by Fortune magazine (USA) and The Globe & Mail (Canada). Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. www.greatplacetowork.ca and @GPTW_Canada

SOURCE Mercedes-Benz Financial Services Canada

CONTACT: Heidi Hall, 248-991-6610, heidi.hall@daimler.com

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