Capital One reviews

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Richard D. Fairbank

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13K reviews
2.0
Mar 7, 2018
Recommend
CEO approval
Business Outlook

Pros

Great benefits. Great work-life balance once you have attained length of time.

Cons

This company offers great career roles but they do not scope them as permanent despite how they are advertised. This company HIRES and FIRES (which they call redeployment for laying off numerous roles in bunches). It is a part of Rich Fairbank's strategy: New and different business initiatives and practices each year. When roles no longer fit in those new initiatives, they place you on 'redeployment'. The company does not have a viable solution (Career Development Center) for retaining talent that may face redeployment. Companies and roles change most certainly, but this is cut-throat. In my 8 years at Capital One I have seen countless individuals placed on redeployment. Great people, individuals with outstanding backgrounds, performances and skillsets. The company does not make an initiative to retain this talent other than to say you are free to look for other roles within the company.

1.0
Jan 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Nice Benefits with decent salary compensation

Cons

Director & above doesnt have domain / tech knowledge and they bargain effort and cost with managers, Architects. [They want to built a rocket ship in a sprint with 5K Ops cost :D ] Politics , Bias, Groupism [Director, Sr Managers who are from same community & family friends decide ratings in home / coffeeshop] Unrealistic deadlines set my Dir+ [ Causing team to work extended hours , weekends & they Burnout] No Recognition after great deliverables & Dir+ always gives demotivating statement to team [ When we pulled of 6 months effort work project in 3 months by sacrificing holidays & weekends. Dir said that it can be delivered in a Month and team is not capable]

1.0
Nov 18, 2023
Recommend
CEO approval
Business Outlook

Pros

Pay and benefits were competitive

Cons

“Strategy” consists of 4 days of the CEO talking AT you about, no lie, how the discovery of electricity led to the invention of computers. Amazing insight from a bank that wants to think of itself as a tech company. Onboarding new hires is one size fits all. Stacked ranking performance reviews reward managers who can BS, and ICs who gate keep knowledge and pretend they work alone/the team doesn’t exist. 15% of workforce was mandated to be placed in Below Strong ranking and automatically put on performance improvement plans. This is a ploy used by leadership to fire massive amounts of employees without calling it a lay off. Teams were reorganized 3 times in less than a year of service. Remote employees treated poorly, preferential treatment given to those who commute to the office. Haphazard plan and no transparency for requiring RTO.

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