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Capital One Named “Best Company for Hourly Workers” by Working Mother Magazine

  Capital One Named “Best Company for Hourly Workers” by Working Mother
  Magazine

Business Wire

MCLEAN, Va. -- April 15, 2013

Capital One Financial Corporation (NYSE: COF) today announced that it has been
named one of the “Best Companies for Hourly Workers” for 2013 by Working
Mother magazine, which awards those employers that have the best policies and
programs for promoting women, as well as a dynamic work/life culture.

“At Capital One, we are committed to hiring great people and creating an
environment and workplace where they can be great,” said Lane Hopkins,
Managing Vice President, Recruiting and Talent Management. “We are so proud of
the work our hourly workers do to take care of our customers every day.”

Capital One is the only financial services company on the list. The Best
Companies for Hourly Workers of 2013 are:

  *Best Buy
  *Bon Secours Virginia Health System
  *Capital One Financial
  *General Motors
  *Hilton Worldwide
  *Marriott International
  *Mercy Health System
  *Sodexo
  *University of New Mexico Hospitals
  *University of Wisconsin Hospital and Clinics
  *Valassis Communications
  *WellStar Health System

Capital One was recognized for its customized work arrangements that fit the
demands of our associates’ personal life, the wide range of positions that
allow associates to adjust their hours, telecommute, job-share, and request
night or weekend shifts. Working Mother also applauded the company for its
focus on associate advancement—its formal mentoring, coaching and nearly 5,000
training programs and courses.

Carol Evans, president of Working Mother Media, says, “Since 2006, the retail
and wholesale sector has cut 1 million full-time jobs and added more than
500,000 part-time jobs. Creating programs to help employees succeed at hourly
jobs has become not only good business but also the right thing to do.”

Jennifer Owens, Editorial Director of Working Mother Media, says, “The Best
Companies for 2013 have found solutions to providing opportunities for
nonexempt employees to advance into salaried and management roles.”

The survey, conducted by the Working Mother Research Institute, reveals that
41% of hourly employees at the Best Companies participate in family health
insurance programs through their employers, and 61% participate in
employer-sponsored personal health insurance programs. Women in full-time
service jobs are often completely uninsured, with 35 percent of restaurant
workers, 36 percent of cashiers and 26 percent of retail sales assistants
lacking insurance versus only 16 percent of all U.S. women, according to an
analysis of 2010 Census Bureau data by the National Women’s Law Center.

All of the companies on this list offer career advancement opportunities,
including technology training and mentoring. Ten out of the twelve offer
career counseling and language skills training.

The full results of the Working Mother Best Companies for Hourly Workers
report can befound here or at workingmother.com/hourly2013.

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 $212.5 billion in deposits and $312.9 billion in total
assets outstanding as of December 31, 2012. 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 more than 900 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.

About Working Mother Media

Working Mother magazine reaches 2.2 million readers and is the only national
magazine for career-committed mothers; WorkingMother.com
(www.workingmother.com) gives working mothers @home and @work advice,
solutions and ideas. This year marks the 27th anniversary of Working Mother’s
signature research initiative, Working Mother 100 Best Companies, and the
tenth year of the Best Companies for Multicultural Women. Working Mother
Media, a division of Bonnier Corporation (www.bonnier.com), includes the
National Association for Female Executives (NAFE,www.nafe.com), Diversity
Best Practices (www.diversitybestpractices.com) and the Working Mother
Research Institute. Working Mother Media’s mission is to serve as a champion
of culture change.

Contact:

Capital One Financial Corporation
Mark Andrews, 804-284-8844, mark.andrews@capitalone.com
or
Working Mother Media
Andrea Kaplan, 917-836-2741, andrea@andreakaplanpr.com
 
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