Capital One reviews

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Richard D. Fairbank

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13K reviews
3.0
Mar 31, 2009
Recommend
CEO approval
Business Outlook

Pros

Above average pay, certain groups (in Richmond) are given very flexible schedules -- I've heard the majority of employees work 9AM to 5PM. I enjoy my immediate team and people are quite friendly here (I'm not certain how sincere it is, but I have lots of professional friends from the company)

Cons

Very political internally, advancement track is unclear / no "career maps", benefits average; I am expected to come to work in Mclean from 8AM to 7PM most days -- I think the firm talks about "work/life balance" but I'm some times not convinced it is a value of the firm. (<- it could be a Mclean thing).

4.0
Mar 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Benefits and compensation are the best things about Capital One.

Cons

It is hard to get a promotion. Instead of promoting within, they regularly hire from outside.

5.0
Mar 22, 2009
Recommend
CEO approval
Business Outlook

Pros

By the best things about Capital One is its flexibility affored to employee. Everyone is encouraged work from home if necessary. This is true for most employees through Director & Senior Directors. In addition to this arrangement the talent of individuals is impressive. Capital One's rigiours interview & selection processes help pull in top talent. Capital One takes it one step further by creating collobrative work environments where people are rewarded for thier ideas. Capital One's benefits program is best among its peers. Capital One contributes up to 9% towards 401K, offers 15% discounts on stock purchase plans, provide 3 - 5 weeks of paid vacation a year, paid holidays & sick days, on site gym, running trails, subsized cafaterias, etc... and many more perks.

Cons

Capital One is still a growing company. Unlike Citi or BAC, Capital One is figuring out its culture. As a result it often swings to far when issues arise. For example, if software outage prevent business capability, a new goverance group is created to oversee every aspect of IT delivery. This initial jerk always swings to more balance and appropriate levels, but it can be challenging. This growing company continues to refine its processes and people are often asked to lead & operate in grey spaces. This can be tough when everyone is figuring it out. Finally, the most challenging aspect of employment is the number of ambitious people. Thier recruting process intentionally targets these folks but it ends up creating competition. At year end reviews these employees are calibrated against each other to set the bars for compenstation. From a company stand point it is great because you reward the true top talent, but for individuals with limited insights in to other people's work, it can cause frustration.

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