Capital One named one of Canada's Best Workplaces for the third year in a row

Focus on diverse thinking, innovation and work-life balance makes Capital One a great place to work

TORONTO, April 22, 2016 /CNW/ - Capital One Canada has been named one of Canada's Best Workplaces for the third year in a row by the Great Place to Work® Institute of Canada. The combination of great people, great benefits and a unique culture that fosters innovation, contributes to the empowerment of associates to both succeed and pursue the best versions of themselves – every day.

To help associates hone their skills, Capital One® provides extensive workforce training and development courses both externally and through its very own Capital One University program. Likewise, they also invest in mentorship programs, coaching sessions and cross-departmental learning opportunities. Through the elimination of work silos, the promotion of a horizontal company structure and the implementation of agile work processes, associates have cultivated open communication and are continuously optimizing their relationships with different departments.

"At Capital One, we take great pride in creating a culture that fosters innovation, collaboration and the well-being of our associates," said Shane Holdaway, President of Capital One Canada. "Being named one of Canada's best workplaces for the third year in a row shows that we've created a positive environment where everyone can thrive."

Capital One offers flexible work schedules, telecommuting options and a Be Well program that encourages team fitness goals, so that associates can have the tools to lead a more balanced life. Collaboration between associates is nurtured through a fun and caring culture with ongoing team-building initiatives, associate networks based on personal interests, open communication and various philanthropic community programs. Individual and team successes are highly celebrated through appreciation events and internal awards.

With a strong focus on digital innovation, Capital One is investing in its Canadian Software Studio to accelerate the delivery of outstanding digital products and services. Additionally, the company recently expanded its Canadian operations footprint with the creation of a big data innovation lab in Kitchener-Waterloo.

"Our amazing associates are the reason Capital One is such a great place to work," said Holdaway. "I count it as one of the greatest blessings of my life that I get to come to work with this unique talented, passionate and caring group of people every day."

To be considered for this annual ranking, hundreds of Capital One associates participated in a confidential and anonymous survey, which asks associates to examine the workplace from multiple dimensions. Taking all these things into account, 90% of Capital One associates surveyed felt it's a great place to work.

About Capital One
With offices in Toronto, Kitchener-Waterloo and Montreal, Capital One Canada has been offering Canadian consumers a range of competitive MasterCard® credit cards since 1996. We challenge ourselves to see the world through the eyes of our customers, so we can deliver the market-leading credit products and exceptional service they're looking for. Capital One Canada is a division of Capital One Bank, a subsidiary of Capital One Financial Corporation of McLean, Virginia (NYSE: COF). Capital One Bank (Canada Branch) is an authorized foreign bank branch of Capital One Bank (USA), N.A, a subsidiary of Capital One Financial Corporation of McLean, Virginia (NYSE: COF). To learn more, visit www.capitalone.ca

SOURCE Capital One Services, Inc.

Media Contact: Andrew Clarke, [email protected], 416-549-2930