Good company for undergrads looking to develop skills, bad for long term career - Principal Project Manager Capital One Employee Review

3.0
Oct 16, 2011
Recommend
CEO approval
Business Outlook

Pros

-Smart people -Good training -Good industry exposure -Good company name brand (for getting into MBA school) -Work life balance (Normal hours are 9-5, 1 hour lunch break, work from home Fridays) -Really good pay for undergrads -Good experience (i.e. I was managing multi million dollar budgets 6 months after joining the company as a 21 year old) -Resort like facilities (private in door basketball court, walking trails, gym, tennis court, baseball field)

Cons

-Way too many reorgs (I had 3 managers 1 year) -Promotion system a joke, its a seniority based pecking order, meaning those people who had a higher rating than you the year before will stay above and managers will look for reasons to keep you in that order regardless of your performance (I literally had one of my managers tell me that the only reason she gave me a "strong" rating on an attribute instead of a "very strong" is because if she gave me a very strong, it would've looked like I had more very strongs than strongs and that I then should've gotten a very strong rating overall ... umm... isn't that the point??) -The company had a promotion freeze and then fired all the low performance. Since the promotion system is based on a forced distribution, it meant that it became that much harder to get a good rating and the bar is always moving. A common phrase you'll hear from managers during performance review is: "You did an awesome job this year, but unfortunately the bar has been raised again [so even though I've been telling you how great of a job you've been doing throughout the year, in reality its only average]" - in other words, its a moving target and you never really have a good idea of how close you are to it

Explore other reviews about Capital One

5.0
Jul 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Nice Company that helps employees

Cons

Stagnat heirarchy compared to some other firms

1.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Environment was good, food was decent, free food at my location (dont know if it was allowed but it was good)

Cons

The rittenhouse location is managed by a tyrant, he is an incredibly toxic man and upper management make it the most unbearable place to work. Andy will ask you to come in on days you're not scheduled, and then hold it over your head if you don't. Talks about employees behind their backs constantly. No respect enforced employees talked about each other all the time and there was even name calling in meetings, management did nothing. Worst place I've ever worked in my life frankly and affected my mental health in the worst way. Glad to be out out of there. The place itself has potential but the management at the Rittenhouse branch and above them is absolutely terrible in every regard.

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