Who has better benefits - Freddie Mac or Capital One?

Anonymous
Anonymous wrote: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?”




Appreciate the tips.
Anonymous
Avoid CO as well if in IT. No job security and benefits not as promised from recruiting. IT is a mess and they are laying off hires who have only been there 3-8 months or so. Their bonus structure sounds good on paper but they will not pay out.
Anonymous
I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).
Anonymous
Freddie handed out voluntary packages to older folks recently.

IT is Indians body shop folks and old folks pushed out door and lots of politics

Other than that not bad
Anonymous
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr
Anonymous
Anonymous wrote:
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr


Wait, what? I make $220k now as a SK15 (we are not on GS scale).

I was expecting about $200k and then $40k bonus would be in the cards from PP posts? And up from there..
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr


Wait, what? I make $220k now as a SK15 (we are not on GS scale).

I was expecting about $200k and then $40k bonus would be in the cards from PP posts? And up from there..


Well, I was guessing at what was relevant to you level wise. In that case, you need Director and up to make the comp high enough to be exciting.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr


Wait, what? I make $220k now as a SK15 (we are not on GS scale).

I was expecting about $200k and then $40k bonus would be in the cards from PP posts? And up from there..


Well, I was guessing at what was relevant to you level wise. In that case, you need Director and up to make the comp high enough to be exciting.


I was thinking of getting out of management and focus on data — what would be the pay rate for that. For that I would take a cut. Hard to see how you can be manager and still have 30 hr work weeks?
Anonymous
Anonymous wrote: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.


+1 for a Sr. Manager level legal role, coming from a top law firm. I quickly turned it down.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr


Wait, what? I make $220k now as a SK15 (we are not on GS scale).

I was expecting about $200k and then $40k bonus would be in the cards from PP posts? And up from there..


Well, I was guessing at what was relevant to you level wise. In that case, you need Director and up to make the comp high enough to be exciting.


I was thinking of getting out of management and focus on data — what would be the pay rate for that. For that I would take a cut. Hard to see how you can be manager and still have 30 hr work weeks?


It’s what a posted above largely. Look at Glassdoor if you need verification for “Business Manager” or “Business Analysis Manager”.

At COF, being a manager doesn’t necessarily mean you manage people. So the hours are reasonable. There are even directors with no directs, or just 1 or 2.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I work at the SEC and looking for a pay bump and more interesting work. Is it worth looking into the business analyst position (I’m an economist at SEC).


I would say yes, but depends on level. Manager is $110-$130 plus bonus, Sr Mgr bumps you to $150-$170 plus bonus and Director $160-$190 plus bonus. I would advise you to not consider below Sr Mgr


Wait, what? I make $220k now as a SK15 (we are not on GS scale).

I was expecting about $200k and then $40k bonus would be in the cards from PP posts? And up from there..


Well, I was guessing at what was relevant to you level wise. In that case, you need Director and up to make the comp high enough to be exciting.


I was thinking of getting out of management and focus on data — what would be the pay rate for that. For that I would take a cut. Hard to see how you can be manager and still have 30 hr work weeks?


It’s what a posted above largely. Look at Glassdoor if you need verification for “Business Manager” or “Business Analysis Manager”.

At COF, being a manager doesn’t necessarily mean you manage people. So the hours are reasonable. There are even directors with no directs, or just 1 or 2.


Same with Freddie Mac. You can be a manager and manage no one.
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


I am a current Sr Manager at Cap One and bonus range is $0 to $45k. If you get a “Strong” rating, ur bonus would be in the mid-range. I would guess that about one-third or less of personnel would her higher then a Strong” rating.
Anonymous
Capital One does skimp on pay but they try to make up for it with “culture” and to an extent they are successful, partly because there aren’t a ton of jobs out there in financial services in the DC area.

What I don’t get about Capital One is - where are all the old people? Everyone I work with is under 40.
Anonymous
Anonymous wrote:Capital One does skimp on pay but they try to make up for it with “culture” and to an extent they are successful, partly because there aren’t a ton of jobs out there in financial services in the DC area.

What I don’t get about Capital One is - where are all the old people? Everyone I work with is under 40.


They go to a financial regulator.
Anonymous
Anonymous wrote:Capital One does skimp on pay but they try to make up for it with “culture” and to an extent they are successful, partly because there aren’t a ton of jobs out there in financial services in the DC area.

What I don’t get about Capital One is - where are all the old people? Everyone I work with is under 40.


Or they go to consulting, other banks, SF for tech jobs.

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