After eight consecutive years as one of the best places to work in America, MBNA Corporation was named to Fortune Magazine’s “Hall of Fame” as one of only 22 companies to have appeared on the magazine’s list of “100 Best Companies to Work For” since the list’s inception in 1998.
Fortune named MBNA to its 2005 list of “100 Best Companies to Work For” in America. The magazine cited MBNA for its benefits, child-care centers, generous tuition reimbursement, and adoption assistance program. MBNA drew particular praise for its generous maternity leave and was also cited for allowing new grandparents an extra week’s vacation to become acquainted with new grandchildren. In addition to honors in the United States, Fortune also named MBNA Ireland as one of the “10 Great Companies to Work For in Europe.”
According to MBNA Chief Operating Officer John R. Cochran, “To be recognized as one of the best places to work in America is gratifying. But to be honored for achieving that status consistently is even more rewarding. We know that the more MBNA people enjoy working here, the more they convey that positive attitude to Customers. Providing MBNA people with a great place to work is an important part of our success.”
The “100 Best Companies to Work For” list is compiled for Fortune by Robert Levering and Milton Moskowitz of the Great Places to Work Institute in San Francisco, CA, based on two criteria: an evaluation of the policies and culture of each company, and the opinions of the company’s employees. Employee opinions are given more weight in the analysis. Two-thirds of a company’s score comes from employee responses to an independently administered survey.
About MBNA Corporation
MBNA (NYSE: KRB), the largest independent credit card lender in the world and a recognized leader in affinity marketing, is an international financial services company providing lending, deposit, and credit insurance products and services. MBNA credit cards and related products and services are endorsed by more than 5,000 organizations worldwide. MBNA employs more than 28,000 people, each of whom is committed to satisfying the Customer. For more information, visit the company’s web site at [www.mbna.com].