Capital One's Family-Friendly Workplace Earns Spot on Working Mother's 2007 List of 100 Best Companies for Working Mothers.MCLEAN, Va. -- Today, Capital One Financial Corporation (NYSE NYSE See: New York Stock Exchange :COF) has been named one of the "100 Best Companies for Working Mothers" by Working Mother Magazine. Capital One's company culture was highlighted for incorporating programs that encourage advancement of women, enhance the work/life balance of its associates, and its focus on systematically integrating associate feedback into its programs and policies. Capital One also earned accolades for its expansive time-off programs - including generous parental leave parental leave n. A leave of absence granted to a parent to care for a new baby. options - and workplace flexibility, ranging from telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. to flextime flextime, system of assigning hours for work that permits employees to choose, within specified limits, the hours that they will be at their place of employment. In many companies, there is a "core time" when all employees must be present each workday. . "At Capital One, we know our engaged associates are key contributors to our success as a company. We are committed to creating a supportive environment for working mothers and all associates. Our unique culture and offerings facilitate strong associate satisfaction and strong business results," said Judy Pahren, Senior Vice President of Diversity and Development. Some of the programs that make Capital One among the "100 Best" include: * Flexible Work Arrangements - All exempt associates are eligible to take advantage of flexible work arrangements including flextime, telecommuting, compressed work week, and part-time work. * Parental Leave Program - Capital One offers eight weeks paid leave for new mothers and job protection for up to 16 weeks total. Included in this program is a phased return-to-work schedule that allows new mothers to work part-time for the first four weeks after returning from parental leave prior to resuming a full-time schedule. New fathers and "secondary parents" can take up to two weeks paid leave during the first year of the child's life - and an additional 10 unpaid weeks off. * Adoption/Foster Care Leave - Capital One provides new adoptive and foster parents six weeks of paid leave and up to six additional weeks unpaid time off. * Employee Assistance Program - Capital One provides resources and reference materials to assist with every day life issues from financial matters to finding childcare. About Capital One Headquartered in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. , Capital One Financial Corporation (www.capitalone.com) is a financial holding company with 725 locations in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Connecticut, Texas and Louisiana. Its principal subsidiaries, Capital One Bank, Capital One Auto Finance, Inc., and Capital One, N.A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One's subsidiaries collectively had $85.7 billion in deposits and $144.2 billion in managed outstanding loans as of June 30, 2007. Capital One, a Fortune 500 company, trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "COF" and is included in the S&P 100 index. About Working Mother Founded in 1979, Working Mother magazine reaches nearly 3 million readers and is the only national magazine for career-committed mothers. Its 21-year signature initiative, Working Mother 100 Best Companies, is the most important benchmark for work/life practices in corporate America. The publication also releases the annual list of the Best Companies for Women of Color in the June issue. Working Mother is published by Working Mother Media (WMM WMM Windows Movie Maker (Microsoft) WMM Women Make Movies (New York, NY non profit feminist film productions) WMM Wireless Multimedia WMM World Magnetic Model WMM WiFi Multi Media ), which also owns the National Association for Female Executives  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . (NAFE NAFE National Association for Female Executives NAFE National Association of Forensic Economics NAFE National Academy of Forensic Engineers NAFE Non-Advanced Further Education (UK) ), NAFE Magazine, the annual 100 Best Companies WorkLife Congress, as well as the Best Companies for Women of Color Multicultural Conference and regional Town Halls. This year, WMM launched its Best Small Companies for Working Mothers initiative. |
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