Capital One’ Performance Management System

Anonymous
For those of you who work (or worked) for Capital One: Would you have taken the job if HR had told you about their archaic performance management system?
Anonymous
DH works there. He got a 50k bonus this year, so I don’t really care if it’s archaic or not.
Anonymous
DH works there. It's a lot of time/work, but it seems to work well for them. DH is also compensated well (salary/benefits/bonus).
Anonymous
What is so archaic about it?
Anonymous
Who gives a crap?

Does it also bother you that the light switches aren’t WiFi enabled too?
Anonymous
Do you mean the fact that it’s competitive? It can suck, but COF is one of the few places where the answer as to why you didn’t get promoted is “so and so achieved more results” vs “we only have 1 position and it has to go to Tom because Toms been waiting for 6 years, but the next guy to retire, you are up.”
Anonymous
Anonymous wrote:What is so archaic about it?


It’s a forced balancing/quota system. 10-15% “have to” fail.
Anonymous
so you're one of the failees?
Anonymous
Anonymous wrote:DH works there. He got a 50k bonus this year, so I don’t really care if it’s archaic or not.


What does he do?
Anonymous
Anonymous wrote:
Anonymous wrote:DH works there. He got a 50k bonus this year, so I don’t really care if it’s archaic or not.


What does he do?


I’ll be vague and say he’s on the bank side at director level.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:DH works there. He got a 50k bonus this year, so I don’t really care if it’s archaic or not.


What does he do?


I’ll be vague and say he’s on the bank side at director level.


Okay, the amount is quite nice for a director. I'm at a Sr. analyst level with a competitor and I barely got $5k.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:DH works there. He got a 50k bonus this year, so I don’t really care if it’s archaic or not.


What does he do?


I’ll be vague and say he’s on the bank side at director level.


Okay, the amount is quite nice for a director. I'm at a Sr. analyst level with a competitor and I barely got $5k.


Yeah, it was a pretty good year for him and he got a “Very Strong”.
Anonymous
Anonymous wrote:so you're one of the failees?


No but we’ve had 75% turnover this year as a result...
Anonymous
Anonymous wrote:
Anonymous wrote:so you're one of the failees?


No but we’ve had 75% turnover this year as a result...


In what dept? Because that is not at all the case in DH’s. But he has a great boss, even through the never-ending re-orgs.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:so you're one of the failees?


No but we’ve had 75% turnover this year as a result...


In what dept? Because that is not at all the case in DH’s. But he has a great boss, even through the never-ending re-orgs.


Not in tech or a profit making line of business. One bad set of bosses were replaced with another bad set....
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