Capital One: Culture
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Anonymous
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Former colleague suggested I apply to Capital One (she does not work there, but has other friends who do work there). It would be for a technical position, so the role is not in banking, finance, economics, law, marketing, or such like. I have never worked in banking or finance. Instead, I have mostly worked for tech firms, where the tech staff are the core of the organization, so I am nervous about switching industries.
What is their workplace culture ? How are the tech folks treated relative to other groups ? How do bonuses really worj (as possibly different from the HR description) ? Any pros or cons ? Thanks ! |
Anonymous
| Tech is serious bro culture |
Anonymous
At Capital One ? Because it is definitely not that at my tech company. |
Anonymous
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C1's bonus structure depends on your role and level, like at most companies.
It is a very tech-centric company, tech employees are treated well and have good career prospects if they perform well. That said, it is a big company and culture/environment does depend on some extent to exactly who you work with and for. |
Anonymous
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It’s a bizarre place to work. Rich Fairbank is Trump-esqe, demands loyalty, makes all the decision, very cultu.
The performance management system is archaic and Rich mandates that 15-20% of associates fail each year. He believes turnover is the key to success. As such, a lot of politics, ass kissing, game playing, and back stabbing in order to survive. I worked there for 4 years and am soooooo glad I left (and much “healthier” now). |
Anonymous
Spouse works there. Sadly, all of the above is true. The performance review system is worse than Hunger Games. |
Anonymous
| It is a conservative work place and not much growth unless you come at a higher position from starting. As a tech guy, you would see a lot of contractors just doing useless work to get paid. |
Anonymous
| Low performers are encouraged to leave. High performers can be and often are promoted. It's not a culture of workplace complacency. Those who want to coast along may be better served elsewhere. Those with ambition and who put in the work to contribute can be rewarded. |
Anonymous
| I believe they do forced stack ranking based on peer reviews. Talk about toxic. I guess if you are one to always rise to the top, be among the fittest, it’s your kind of place. |
Anonymous
Don't agree. See a lot of folks in IT and credit card division that are warming seats and barely work. |
Anonymous
Not my experience in the 2 departments I work in. No one gets fired/sacked and the department keeps on adding contractors just for the sake of showing higher headcount. I can't hire super talented folks because they would only pay within a range and that's mediocrity is everywhere. |
Anonymous
| Dog eat dog world. I don't know anyone that has worked there long term. Everyone hates it. |
Anonymous
Cousins hiring cousins through cousins' bodyshops |
Anonymous
| New poster. I know at least a handful of people who worked at Cap One and none of them liked the culture. |
Anonymous
Even the ones that have longevity and learned how to “play the game,” don’t like it there but are too invested or scared to leave. |