Banking Blog

Finance Blogs » Banking Blog » Top-ranked bank for hourly workers

Top-ranked bank for hourly workers

By Marcie Geffner ·
Thursday, April 25, 2013
Posted: 6 am ET

Bank tellers might not be the first to leap to mind as hourly workers like day care providers, coffee baristas or nursing home attendants. But one bank -- Capital One Financial Corp. headquartered in McLean, Va. -- was recently named one of the best U.S. companies for hourly workers by Working Mother, a national magazine for career-committed mothers.

Capital One was recognized for its customized work arrangements, including a range of positions that allow employees to adjust their hours, telecommute, job-share or request night or weekend shifts. The bank also offers formal mentoring, coaching, and nearly 5,000 training programs and courses.

The best companies for hourly workers "go the extra mile to make sure their employees have stability, predictability and benefits, so they can succeed at their jobs without disrupting their family lives," the magazine said in an introduction to the list on its website.

The list was developed in part from a 300-item questionnaire about benefits and programs for hourly workers distributed to companies that have at least 500 U.S. employees, at least half of whom are paid hourly.

According to an executive summary, 53 percent of CapOne employees are hourly workers, 73 percent of those hourly workers are women, and 64 percent of hourly employees promoted to salaried positions were women. Hourly workers are offered job-skills training. Managers are rewarded for helping hourly employees advance, and hourly workers who are nursing mothers are offered a lactation program, among other benefits.

The other best companies for hourly workers were Best Buy, Bon Secours Virginia Health System, General Motors, Hilton Worldwide, Marriott International, Mercy Health System, Sodexo, University of New Mexico Hospitals, University of Wisconsin Hospital and Clinics, Valassis Communications and WellStar Health System.

CapOne has more than 900 bank branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and Washington, D.C., according to a company statement.

Follow me on Twitter: @marciegeff.


Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.