2025 Best Companies Culture – Transport Enterprise Leasing: A Culture of Integrity and Innovation



Transport Enterprise Leasing (TEL) exemplifies what it means to be a company that values culture as a cornerstone of success. Since its founding in 2004, TEL has consistently cultivated an environment rooted in its five core values: Integrity, Respect, Loyalty, Innovation and Support. These principles serve as the foundation of the company’s ethos, shaping a workplace that prioritizes employee well-being, fosters innovation, and builds lasting relationships with both team members and customers.

Living the Values

At TEL, values are not just ideals — they are embedded in every aspect of the company. Integrity drives ethical decision-making, while respect and loyalty are evident in the way employees treat one another and how leadership supports its teams. The company’s commitment to innovation encourages employees to challenge the status quo, and the value of support ensures everyone has the tools and guidance to succeed.

One shining example is TEL’s Peer Recognition Program, which allows employees to celebrate colleagues who embody the company’s values. Whether through small gestures or significant contributions, this program fosters camaraderie and mutual appreciation, making TEL a workplace where positivity thrives.

TELJerseyDay2024 400Prioritizing Employee Well-Being

TEL is dedicated to prioritizing the well-being of its employees. The company offers a comprehensive benefits package that includes employer-paid medical premiums, mental health resources, a generous 401(k) employer match, competitive paid time off, paid parental leave, flexible work arrangements, tuition reimbursement and a robust retirement pay program. Additionally, TEL’s profit sharing program connects employees directly to the company’s success, fostering a sense of ownership and pride.

Employees often highlight TEL’s focus on work-life balance. The company supports flexible schedules and personal growth opportunities, ensuring that team members can thrive both professionally and personally. This balance is a key driver of TEL’s low turnover rate and strong employee loyalty.

Transparency and Inclusion

TEL’s leadership maintains a transparent approach, sharing updates on performance and goals through regular meetings and open-door policies. Employees are encouraged to voice feedback via surveys and anonymous suggestion boxes, which leadership actively reviews and incorporates into decision-making.

The company also embraces recruiting talent from varied backgrounds and fostering an environment where different perspectives are valued. Collaborative problem-solving and open dialogue ensure that all voices are heard, creating a culture of creativity and innovation.

Investing in Growth and Recognition

Employee development is a cornerstone of TEL’s success. Through mentorship programs, professional development workshops and individual growth plans, TEL empowers employees to advance their careers. The company’s investment in education, such as tuition reimbursement and in-house training, demonstrates its dedication to lifelong learning.

Recognition is equally important. Peer-nominated awards, team celebrations and leadership acknowledgments ensure that contributions are celebrated regularly. Employees frequently mention that this culture of appreciation makes them feel valued and motivated.

A Legacy of Leadership

TEL’s culture is deeply influenced by its late founder, Doug Carmichael, whose commitment to the Golden Rule — treating others as you want to be treated — remains a guiding principle. Today, TEL’s leadership continues to honor this legacy by fostering a culture that balances innovation with compassion, ensuring that both employees and customers feel valued.

The TEL Difference

The voices of TEL employees underscore the company’s achievements. Descriptions like “a second family,” “a place where I feel valued” and “the best company I’ve worked for” are common in employee feedback. Team members frequently highlight TEL’s supportive environment, ethical practices, and focus on personal and professional growth.

Transport Enterprise Leasing stands as a beacon of excellence in the equipment finance industry, demonstrating that a strong culture is the key to sustainable success. By investing in its people, living its core values, and fostering an inclusive and innovative environment, TEL proves that a winning workplace culture is not just aspirational — it’s achievable.

TEL Logo Tag Blue Vertical Rev2 RGB 300

Recommended