Who has better benefits - Freddie Mac or Capital One?

[Anonymous]

Freddie Mac pays 60K for 5 to 10 year experienced java developers.

http://desiopt.com/display-job/72262/Training-and-Placement-for-java.html

[Anonymous]

How about Fannie Mae?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

This is not true. I have colleagues there at senior manager level and their bonuses are not even close to 20k with good performance

[Anonymous]

NP. I’m in finance and was reached out to by a Cap One recruiter a few years ago. I was told a manager’s comp level would be 100-115k with a 5-7k bonus.

[Anonymous]

Anonymous wrote:How about Fannie Mae?

Fannie Mae pays better than Freddie Mac, I’ve heard, since Fannie Mae is the bigger company of the two. They also work from home 2 days a week, and they pay for employees Metro fare.

Their new HQ in DC is gorgeous.

[Anonymous]

I have worked for both Fannie and Freddie. Fannie is the best to work place in-terms of salary, benefits and other perks. Fannie employees are more knowledgeable than Freddie but some departments tend to be political.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

This is not true. I have colleagues there at senior manager level and their bonuses are not even close to 20k with good performance

Then they were not in the business analyst job function. I’ve been here nearly a decade, in card and bank, and it’s standard bonus potential for manager level.

Don’t know why people can’t seem to understand that bonuses aren’t the same for every single job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

This is not true. I have colleagues there at senior manager level and their bonuses are not even close to 20k with good performance

Yeah. I don't doubt PP gets a high bonus, but CapOne doesn't really treat every role or group or whatever you call it the same. I saw my spouse's emails with the recruiter and have spoken with colleagues. The expectation for bonus was clear, and it was not what PP says it is...at least for my spouse's Director-or-higher-level job. PP sounds like a blowhard, but hey, if I could work 30 hours a week and get paid gobs of money I'd enjoy it too. I just wouldn't be an ass about it.

[Anonymous]

Get everything in writing Cap One recruiters are not always on the up and up.

[Anonymous]

$115K salary and $10-30K bonus is nothing in finance; that’s laughably low for a “manager.”

I work for a financial regulator and my comp + bonus is better than that. Wtf. CapOne has reached out to me the in past about leaving my current gig, but I thought the money would at least be good. That is crazy low to deal with a commute to Tyson’s and the finance hours.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

Any insight into how the Product Management job family is? Salary, bonuses, opportunities for promotion, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

Any insight into how the Product Management job family is? Salary, bonuses, opportunities for promotion, etc.

I know a little, but take it with a grain of salt, because it’s not my area. From what I’ve heard and seen the “digital” product management side pays well, has opportunities for promotion, etc. The backend IT product teams seem to fair far worse. As laughable as it is, COF is trying to be a startup, and wants to be thought of as a tech company more than a bank. I know. Someone said I’m a blowhard earlier but even I find that laughable.

In general, there’s been historically three job families that reign supreme: strategy team (very small, dozen people) because they are C suite right hand team (and work 80 hours a week), business analyst job family because it’s “mathematically intensive” and the company values that (to a fault), and more recently in the last few years product management - but only within the digital teams. The reason being that the digital teams introduced business cases to the interview so, while technically perhaps marginally “lower” on the pecking order than business jobs, they were largely interchangeable.

As for bonuses I don’t know, but I’ve heard they are comparable. If you asked me to guess, I’d tell you Director is probably $160-$180 base and bonus is probably something like $40K cash and $30-$40K stock, but perhaps Glassdoor has better numbers.

I’ve been crapped on by some prior posters, but look, COF can be a great place to work. They pay well, they have flexible work hours by and large, and bonus structures can be meaningful, while generally offering pretty reasonable hours. To wit, for years, if I found myself at the office at 7pm the light timer turned off and I’d have to walk over to turn it on. I’ve never worked anywhere that happens at 7pm. A lot of folks seem he’ll bent on calling out that this isn’t universally true, and of course it isn’t for every division and every group in every office, but by and large it’s great company to make a few hundred K while living a reasonable life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Capital One no doubt. Not even comparable.

source: ive worked at both.

Can you give examples of benefits at CapOne?

-Another Poster

WFH as much as you want
6 figure bonuses at Dir level and up
Deferred comp plan for people with enough pay
7.5% 401K match
Subsidized lunch
Unlimited vacation
Good health bennies
Easy low stress 30 hour a week job

What is your role at CapOne? My spouse is "Dir level and up" and WFH as much as you want is not true, nor is 6 figure bonus (10-40 seems about what to expect for the vast majority of Directors). Our copay is far higher than the last two jobs that provided insurance. 30 hours a week is also not even close to what they work - more like 40-55.

Business analyst family of jobs. 6 figures is with stock and VS rating. It might be a bit lower at S. A $10K bonus makes no sense. We pay first year analysts that much in bonus. $20K bonus is normal for a Sr associare level. $40K is a good bonus at manager level and I think roughly target bonus at Sr Manager. You spouse is lying about their bonus, is underperforming, or is in some very very different role that’s on a completely different comp structure.


The hours vary a bit by group.

Any insight into how the Product Management job family is? Salary, bonuses, opportunities for promotion, etc.

I know a little, but take it with a grain of salt, because it’s not my area. From what I’ve heard and seen the “digital” product management side pays well, has opportunities for promotion, etc. The backend IT product teams seem to fair far worse. As laughable as it is, COF is trying to be a startup, and wants to be thought of as a tech company more than a bank. I know. Someone said I’m a blowhard earlier but even I find that laughable.

In general, there’s been historically three job families that reign supreme: strategy team (very small, dozen people) because they are C suite right hand team (and work 80 hours a week), business analyst job family because it’s “mathematically intensive” and the company values that (to a fault), and more recently in the last few years product management - but only within the digital teams. The reason being that the digital teams introduced business cases to the interview so, while technically perhaps marginally “lower” on the pecking order than business jobs, they were largely interchangeable.

As for bonuses I don’t know, but I’ve heard they are comparable. If you asked me to guess, I’d tell you Director is probably $160-$180 base and bonus is probably something like $40K cash and $30-$40K stock, but perhaps Glassdoor has better numbers.

I’ve been crapped on by some prior posters, but look, COF can be a great place to work. They pay well, they have flexible work hours by and large, and bonus structures can be meaningful, while generally offering pretty reasonable hours. To wit, for years, if I found myself at the office at 7pm the light timer turned off and I’d have to walk over to turn it on. I’ve never worked anywhere that happens at 7pm. A lot of folks seem he’ll bent on calling out that this isn’t universally true, and of course it isn’t for every division and every group in every office, but by and large it’s great company to make a few hundred K while living a reasonable life.

Thanks for the insight. Appreciate you taking the time to share your knowledge of COF. I am being considered for a Sr. Manager role within the Digital Product Management group, and have the power day in a about a week. After being in tech consulting for many years, your last line really resonates. Cheers.

[Anonymous]

Freddie and Fannie give you 15k towards closing costs of a house.

[Anonymous]

Re powerday, some advice:

If you get a case they are almost all the same basic mathematical structure. Get comfortable with the following:

Basic one variable algebra
Concept of breakeven
Sometimes you’ll get a simultaneous eq but rarely
Setting up equations based on word problems
Slope of a line on a graph

In particular the break even thing is very common. Questions like “you can buy a list of 50000 names to market to for $50K and 1:10 people would reply generating $7 per reply or you can buy or you can buy a list for 120000 names for $40K with a 1:15 reply rate and a $12 per reply profit. Which do you buy?” And then guarantee next Q is “how much cheaper would X have to be for you to be indifferent?”