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Quicken Loans makes Juneteenth a paid holiday for workers

Company says policy covers 30,000 employees

Quicken Loans said the policy covers 30,000 employees.
Quicken Loans said the policy covers 30,000 employees.

DETROIT – A Detroit-based mortgage company said it will offer a paid holiday to employees on June 19, which is observed as the end of slavery in the United States.

Quicken Loans said the policy covers 30,000 employees.

Juneteenth “will be a paid holiday for team members who choose to commemorate this day,” chief executive Jay Farner said Friday on Twitter.

“We are encouraging those team members to use it to have a voice, to contribute to the community, to celebrate their identity or use it to learn more about addressing racial inequity,” Farner said.

Quicken Loans and affiliated companies have a large presence in Detroit, which is about 80% black.

Related: Nike is making June 19 -- ‘Juneteenth’ -- a company holiday