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Thu, February 2, 2012
Wed, February 1, 2012

Capital One Named 100 Best Companies to Work For By FORTUNE Magazine


Published on 2012-02-01 20:43:05 - Market Wire
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MCLEAN, Va.--([ ])--Capital One Financial Corporation (NYSE:COF) announced today that it has been named to FORTUNE Magazine's list of the "100 Best Companies to Work For." Capital One was recognized for being a afinancial company that cares,a a acompany that is hiring,a and a asocial media stara by FORTUNE and the Great Place to Work Institute.

"using Facebook, LinkedIn, Twitter and other social media to get even better."

aBeing named to FORTUNEas a100 Best Companies to Work Fora list means so much to Capital One and our tens of thousands of associates because it is a reflection of the culture we've been creating for more than two decades,a said Richard D. Fairbank, Capital One Chairman and CEO. aOur focus has always been on hiring great people and then giving them the opportunity to be great. From the very beginning, we have worked to create an environment where our associates are empowered to challenge conventional wisdom, take on new challenges, and chase their dreams. Our great people and open culture have been the foundation for our success as a company.a

Capital One was also ranked on the top 25 list of companies that are hiring (having more than 700 open positions) and was recognized as one of only nine companies that were called aSocial Media Starsa for ausing Facebook, LinkedIn, Twitter and other social media to get even better.a

To pick the a100 Best Companies to Work For,a FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. More than 246,000 employees at hundreds of companies responded to a survey created by the Institute, a global research and consulting firm operating in 45 countries around the world. Companies are selected and ranked on the list as a result of their Culture Audit, which is completed by the company and evaluated by an independent Great Place to Work team. This comprises one-third of the total score. The Great Place to Work Institute gives the highest scores to companies receiving the best feedback from their employees, particularly along five dimensions: Credibility, Respect, Fairness, Pride and Camaraderie. The remaining two-thirds of the score comes from the employeesa response to the Instituteas Trust Index Survey, which is sent to a random selection of employees and measures their perception of the workplace.

The complete list is available at [ http://www.Fortune.com/BestCompanies ] and related stories will appear in the February 6th issue of FORTUNE magazine.

About Capital One

Capital One Financial Corporation ([ http://www.capitalone.com ]) is a financial holding company whose subsidiaries, which include Capital One, N.A. and Capital One Bank (USA), N. A., had $128.2 billion in deposits and $206.0 billion in total assets outstanding as of December 31, 2011. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One, N.A. has approximately 1,000 branch locations 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.

Contributing Sources