LOS ANGELES, Dec. 11, 2017 /PRNewswire/ -- Capital Group, home of American Funds, has been honored with Glassdoor's Employees' Choice Award, recognizing the Best Places to Work in 2018 among large U.S. companies. The recognition was driven from reviews submitted by current and former Capital Group employees who rated the organization on workplace attributes, including career opportunities, compensation, benefits, culture, values, senior management, work/life balance, and six-month business outlook.
"We are honored to be included among Glassdoor's Best Places to Work," said Phil de Toledo, president of Capital Group. "At Capital Group, our mission is to improve people's lives through successful investing. We are committed to build a special and distinct work environment that allows our associates to deliver on that mission."
Headquartered in Los Angeles, Capital Group employs more than 7,500 associates worldwide and manages over $1.6 trillion in equity and fixed income assets.
The Glassdoor recognition is the latest workplace honor Capital Group has received. Recently, The Human Rights Campaign Foundation recognized Capital Group as a Best Place to Work for members of the lesbian, gay, bisexual and transgender community.
Capital Group also offers the following programs to attract and retain talent:
- CAPtivate: Introduces young women to the investment industry and helps them develop the skills and confidence to pursue a career in the financial industry.
- CLIMB: The Capital Leadership Immersion & Mentorship Building program offers skills workshops and networking opportunities to introduce undergraduates from diverse backgrounds to Capital and careers in financial services.
- Parental Leave: Capital offers six weeks of paid parental leave to all new parents, whether they are a mom or dad welcoming a child by birth, adoption, surrogacy or foster-care placement. Expecting mothers are also eligible for a paid pregnancy leave of eight weeks after their child is born. This, in addition to the six weeks of paid parental leave, provides a total of 14 weeks.
- Mom's rooms: Capital provides fully equipped mom's rooms in every office, including breast pumps and refrigerators, so that a breastfeeding mom has accessibility around the world. All the rooms can be easily reserved online from any office.
To learn more about Capital's company culture, visit Life at Capital.
The Glassdoor Best Places to Work are determined using company reviews shared by U.S.-based employees between November 1, 2016 and October 22, 2017. To be considered for the large category, a company must have at least 1,000 or more employees and have received at least 75 ratings across eight workplace attributes from U.S.-based employees during the period of eligibility. The final list is compiled based on Glassdoor's proprietary algorithm, and takes into account quantity, quality and consistency of reviews.
About Capital Group
Since 1931, Capital Group, home of the American Funds, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. Today, Capital Group manages more than $1.6 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.*
*As of June 30, 2017
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Securities offered through American Funds Distributors, Inc.
© 2017 The Capital Group Companies, Inc.
SOURCE Capital Group