Amscot Financial Is One Of Tampa Bay’s ‘Best Places To Work’ For 3rd Year In A Row


Tampa, FL – (April 18, 2008)Amscot Financial, a leading provider of convenient, consumer-oriented financial services, is pleased to announce that the Tampa Bay Business Journal has named Amscot  as a finalist in its annual competition for top-ranking employers in west Central Florida for the third consecutive year.

Employing more than 2,000 associates in 167 service centers throughout the Interstate 4 corridor in Central Florida, Amscot is ranked by the Business Journal alongside other large employers in the Tampa Bay region, including companies such as Microsoft, Pulte Homes and Kforce. A total of 58 Tampa Bay-area companies – separated into four categories – were named as finalists in the competition.

“Given with our tremendous growth over the past three years, it is gratifying to know that our associates continue to take tremendous pride in working for Amscot,” said Charity McDowell, Amscot’s director of human resources. “Working for Amscot is fast-paced and exciting and we continue to offer tremendous opportunity for advancement.”

The Business Journal award recognizes companies for their achievements in creating positive work environments that attract and retain employees through a combination of benefits, working conditions and company culture.

Companies were evaluated based on two kinds of information collected. Each company completed an overall questionnaire about retirement plans, health insurance, profit sharing or stock options, performance-based reviews, employee training and perks such as parking, child care, subsidized transportation or tuition reimbursement.

Employees then responded to questionnaires, addressing how the company encourages, supports and recognizes achievement; open communication; whether compensation is fair; and relationships with co-workers and immediate supervisors. They also were asked to describe their favorite or least favorite things about the company, and comment further if desired.

Results were analyzed and scored by assigning points to each question, and weighing them according to emphasis on creativity, flexibility and collegiality. Common themes among the top companies focused on work-life balance; respect and caring for employees; recognition of accomplishments; feeling empowered; good teamwork and team spirit; and commitment to community service.

About Amscot Financial
Headquartered in Tampa, Fla., Amscot Financial is a leading provider of income tax preparation and electronic filing services, refund anticipation loans, check cashing services, cash advance services, money transfer services and money orders through its wholly owned division, Amscot International Money Order Company.  Amscot Financial currently operates 167 tax preparation offices and 167 retail financial service centers throughout Florida and employs more than 2,000 people. Amscot Financial has recognized by the Tampa Bay Business Journal as one of Tampa Bay’s Best Places to Work for three consecutive years.