CAPITAL ONE FINANCIAL CORPORATION

Capital One Financial Corporation

Capital One Financial Corporation

Introduction

Not all companies believe that the offer kayak racks for employees wishing to work travel by boat, but that is precisely what Capital One did when it opened a new canal-side site for its headquarters European in Nottingham, United Kingdom. Reflects a major change in the company's philosophy - that employee who enjoys going to work, have the right to work and family, remain in the business, be more creative, and thus improve profitability.

Capital One Financial Corporation

Other measures of Capital One, elected among the best places to work in Britain and the United States, including a quarterly "fun" of the budget, (Flamholtz, 2006, 153) a full page advertisement in newspapers to thank staff for their performance, which allows employees to take at least one day a year in the absence of labor for community projects and cash bonuses to employees who spot talent outside the organization.

Capital One Financial Corporation has more than 20,000 employees worldwide. The company employs 2,100 people in Nottingham, where he offers Visa and MasterCard credit cards of two million customers in the United Kingdom under the name of Capital One Bank (Europe) plc. (Flamholtz, 2006, 153)

Catherine Hope, director of human resources in the UK, said: "Our employees - or associates, they are called, because we believe that everyone contributes to our success - stay with us, because the environment, that combines the highest quality people and its culture and exciting, challenging and is difficult to replicate elsewhere. It is an environment rich in opportunity and reward, and provides plenty of opportunities for our employees who are truly unique.

Capital One department heads and directors allocation of £ 50 per link per quarter to enjoy fun activities, both inside and outside of work. It encourages partners to be as creative as possible and is known to spend their budgets fun line dancing, a trip abroad, and even hold a medieval banquet. "The money can be spent however the team wants, if she wants to enjoy and help them achieve a healthy balance between work and life," said Catherine Hope. In addition, (Flamholtz, 2006, 153) the company intends to initiate major projects and initiatives in a fun and innovative. She continued: "Like many other companies that Elvis back from the dead to help them establish a system of information technology Disco called?”

In April 2002, the company announced its 19th consecutive quarter of record turnover of 38 per cent during the year an increase of total turnover. To recognize the important contribution that each partner to achieve this result, Capital One has launched a series of parties which were invited all the partners.

The events included a brief presentation of 15 minutes, in which a video message from company president was played and a member of the management team of high level was present. A giant poster with the name of each partner is displayed. The poster was later published as a full-page ad in the local ...