"Remote options became ubiquitous, and many employees, when possible, were given the tools they needed to do their jobs from anywhere. Now, even as other financial services companies and banks have issued return-to-office mandates, Doubles is making a different bet: Stamford, Connecticut-based Synchrony allows its more than 20,000 employees to work from home or in a company facility (or a mix of both) with in-person gatherings for training, leadership meetings, innovation sessions, and culture-building events."
"The recognition caps four years of key gains for the company, which is the nation's largest issuer of private-label credit cards. In June, Synchrony announced it would power a new credit card program with Walmart, winning back business the company lost to rival Capital One in 2018, and adding to a roster of clients that includes Lowe's, Verizon, and Amazon."
Brian Doubles became CEO of Synchrony in 2021 amid the pandemic and implemented a flexible hybrid work model that allows more than 20,000 employees to work from home, in company facilities, or a mix, with periodic in-person gatherings for training, leadership meetings, innovation sessions, and culture-building. Turnover declined and job applications increased 30%. Synchrony rose to No. 2 on Fortune's 100 Best Companies to Work For, up from No. 37 in 2021. The company is the nation's largest issuer of private-label credit cards, regained a Walmart credit-card program, reported $18 billion in net interest income, and its stock has climbed over 60%.
Read at Fast Company
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