Capital One reviews

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Richard D. Fairbank

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13K reviews
2.0
Jun 26, 2021
Recommend
CEO approval
Business Outlook

Pros

Opportunity to earn ok money with a good bonus if you get promoted a few times. Lots of good engineers. Some of the managers are technical. Good opportunity for early careers

Cons

Used to be amazing. Really felt like innovation was encouraged. Engineering was fun. It isn't as good now. A lot of managers aren't that technical any more. Senior managers not really listening to engineers and are more interested in process than building cool stuff. Product don't know what they want to build. Far too much time wasted on dev ops tasks and pipelines. Too much focus on filling teams with junior members of staff. It's great for new starters but pretty rubbish for more experienced engineers. Tribes make tech ownership difficult.

1.0
Mar 22, 2021
Recommend
CEO approval
Business Outlook

Pros

Better benefits than almost any other call center

Cons

New employees are constantly being training because most of them get fired shortly after starting. You need to fully understand which policies can get you fired and make sure you follow them. If you ask a manager about policy there is a good chance they won't know it either and if you follow what they say and its wrong you will be fired. Since managers are free to lie about what they say (since its not recorded) you should figure out a way to record it (hard to do on Zoom calls). The worst mistake you can make is to take as gospel what a manager tells you. In early 2020 they fired every temp in the last 3 groups of new hires because they made too many mistakes. So rather than find out what they needed and properly train them they just fired that many people at once rather than hold the trainer accountable.

3.0
Mar 18, 2021

Hit or Miss

Recommend
CEO approval
Business Outlook

Pros

- Generous 401K match. - Extensive paid parental leave option. - Myriad additional benefits depending on your situation. - If you're looking for a place to 'park' fora few years, this isn't a terrible option. Depending on your role and department, work/life balance is recognized and this can very much be a strictly 9-5 position for those seeking that.

Cons

- I'll preface by saying - given Capital One's size as an organization - employee experience will inevitably be both team and manager-specific. - If you're based outside of Virginia (McLean, Richmond) or Texas (Plano), you'll end up feeling like an outsider. This may be changing due to the increasingly virtual nature of employment, but pre-pandemic this was certainly the case. - The performance review cycle - while not uncommon among enterprise organizations of Capital One's size - rewards those who know and schmooze the right people and have a well-positioned manager. The unfortunate reality is that individual performance metrics are not weighed heavily; it's more or less a popularity contest. - While internal mobility is encouraged and stands as a reality, the organization leads with selling that option to prospective employees. This begs the question: why are employees constantly shuffling throughout the organization and what are they running from? - Largely a culture of blame. With an organization this size, it's easy to pass off errors to someone else, hide your tracks and refuse to accept responsibility. - If you don't start working at Capital One straight out of college in one of their rotation programs, you'll never truly be treated as a superstar employee; it's very much a 'home-grown' environment for leadership. - Along the same lines as the above point, much of the leadership within the organization has spent the majority (if not the entirety) of their career at Capital One. This lends to blindspots, a lack of diversity in experience and a refusal to adapt to outside points of view. - Generally speaking, Capital One (purposely) does not pay as competitively as organizations in the same space. If you're going to sell your soul to a bank, you may as well get paid for it.

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