MCLEAN, Va., March 5, 2015 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) announced today that it has been named as one of the 2015 Fortune 100 Best Companies to Work For®. This list, now in its 18th year, recognizes companies that have exceptional workplace cultures.
In Fortune's latest annual ranking, Capital One was recognized for offering associates "Great Challenges" and for its deep commitment to providing the training and development they need to take on those challenges and further their careers. In particular, the survey highlighted the value of Capital One University, the Career Development Center, Performance Management, Executive Talent Management and Executive Coaching teams that drive Capital One's learning and development efforts, creating and supporting development programs that involve more than 44,000 associates.
"Our associates are at the heart of everything we do. Their dedication, innovative thinking, and truly great work are central to Capital One's success," said Jory Berson, Chief Human Resources Officer. "From the outset, we have strived to foster a workplace environment where our associates feel heard, valued, and respected and build a culture that thrives on creativity, collaboration and constant learning. The Fortune ranking is particularly gratifying because it's based on responses from our own associates who see opportunities to learn and grow their careers at Capital One."
Capital One was selected among hundreds of companies vying for a place on the 2015 list. Applicant companies opt to participate in the selection process, which includes an employee survey and an in-depth questionnaire about their programs and company practices. Great Place to Work® then evaluates each application using its unique methodology based on five dimensions: credibility, respect, fairness, pride and camaraderie.
"A new type of 21st century company is emerging," said China Gorman, CEO of Great Place to Work®. "It is transforming how business is done both internally and externally. It understands that a high-trust work culture results in higher productivity, increased engagement and better financial performance. These factors ultimately lead to a competitive advantage and enable companies to quickly bounce back from challenging situations. The 100 Best companies set the standard for businesses."
Creators of the methodology behind the list, Great Place to Work® has found that employees believe they work for great organizations when they consistently trust the people they work for, have pride in what they do and enjoy the people they work with.
Organizations named on the list see many benefits that include better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, more innovative and creative thinking, higher productivity and enhanced public perception.
To see the complete 2015 Fortune 100 Best Companies to Work For® list and to learn more about how to build a high-trust workplace culture, visit www.greatplacetowork.com.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $205.5 billion in deposits and $308.9 billion in total assets as of December 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.
About Great Place to Work
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services and employer branding programs, including Best Companies lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. Great Place to Work®'s Trust Index©, a 58-question employee survey that measures trust, is used around the world to help companies increase the levels of trust across their organizations and improve business results. Annually, Great Place to Work® produces the research for the annual Fortune 100 Best Companies to Work For® list and the Great Place to Work® Best Small and Medium Workplaces list. Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.
Fortune is a global leader in business journalism with a combined audience of more than 9 million readers in print and online. Fortune covers bold innovators, smart companies, new ideas and innovative strategies that inspire the Fortune audience to accelerate their business success. Fortune's major franchises include the FORTUNE 500, the 100 Best Companies to Work For, World's Most Admired Companies, 40 Under 40 and Fastest-Growing Companies. Fortune hosts a wide range of annual conferences, including Fortune Most Powerful Women, Fortune Brainstorm Tech, Fortune Brainstorm E and the Fortune Global Forum. Fortune was the first business magazine with an iPad app and has more than 1.5 million followers on Twitter. Fortune.com launched on June 1, 2014 and has seen rapid growth since launch reaching an average of over 7mm monthly unique visitors. See the latest from Fortune online at Fortune.com and on Twitter @FortuneMagazine.
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SOURCE Capital One Financial Corporation
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