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You are here: DiversityInc | 2008 Top 50 Profiles |   . . .

 
No. 46 CAPITAL ONE FINANCIAL CORP.
   
Industry: Financial Services
Main Competitors: American Express, Bank of America, Discover
U.S. Headquarters: McLean, Va.
Number of U.S. Employees: 27,000
Annual Revenue: $16.8 billion
% of Operations Outside U.S.: 7.71
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Why It's on the Top 50: Capital One has moved up from the 25 Noteworthy Companies list because of improvements in Human Capital and Corporate and Organizational Communications.

Diversity Strengths: The financial-services company's work force is 41 percent Black, Asian, Latino and Native American, compared with 35 percent for the Top 50. That includes 21 percent Blacks, 9 percent Latinos, 8 percent Asians and 1 percent Native Americans. Fifty-four percent of its new hires are Black, Asian, Latino and Native American, compared with a 44 percent average for the Top 50. That includes 28 percent Blacks, 15 percent Latinos, 7 percent Asians and 1 percent Native Americans.

Diversity training is mandatory for all employees and is offered every month. Fifty-four percent of its philanthropic endeavors are spent with nonprofits aimed at traditionally underrepresented groups, compared with a Top 50 average of 29 percent.

The company has excellent work/life benefits, including free backup childcare at corporate headquarters, fertility treatments, foster-care assistance and reimbursement, and an onsite mobile mammography program.

Richard D. Fairbank, Founder, Chairman and CEO: "At Capital One, we strive to attract the best people and to give them the opportunity to be great. An essential part of our approach is to bring together associates with diverse perspectives, backgrounds and experiences, which reflect the customers and communities we serve. The diverse talents of our people provide a critical advantage in the marketplace as we work together to build an enduringly great company."

Rob Keeling, Vice President, Diversity: "Capital One has always placed a high priority on fostering a corporate culture where each associate feels valued, supported and connected. Recognition of the broad business value of diversity and an inherent respect for each individual are reflected at the core of the progressive policies and benefits we offer. "

Richard D. Fairbank
Founder, Chairman and CEO
   

Rob Keeling
Vice President, Diversity
   

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