Capital One - Becoming just another company | Glassdoor
There are newer employer reviews for Capital One
There are newer employer reviews for Capital One

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"Becoming just another company"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Project Manager in Richmond, VA
Former Employee - Senior Project Manager in Richmond, VA
Recommends
No opinion of CEO

Pros

There are a lot of great development opportunities within the company and benefits that support education such as tuition reimburement and budget for training. The culture was very progressive and there is still a sense of this.

Cons

Recent leaderhisp changes are causing the culture to become more like a traditional corporation which is stifling the passion of all the employees.

Advice to Management

Get back to the values that made Capital One what it was...

Other Employee Reviews for Capital One

  1. "Plenty of potential and good intentions. Needs to mature as a corporation."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director in Richmond, VA
    Former Employee - Senior Director in Richmond, VA
    No opinion of CEO

    Pros

    Capital One does have one of the better overall compensation packages in the industry, tho' some aspects are being scaled back or eliminated (e.g., long term incentives below exec level). Also, benefits are top notch. There are often opportunities to work on visible and complex projects. Casual work environment. Working with many smart and productive colleagues.

    Cons

    Mandatory performance management distributions make year end reviews a zero sum game, i.e., only one or two people on a team can receive the highest marks (and corresponding bonuses) even if the whole team had an outstanding year. Downturns hit hourly and mid-level employees harder than execs. The company still has a bit of a consultant mentality, which means people who are really good at executing projects and working hard will generally succeed. The company is still trying to figure out how to reward people with ongoing run-the-engine jobs in a comparable manner.

    Advice to Management

    Open your ears to differing views, develop patience


  2. "Great place to enter corporate world and learn, but move on..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Richmond, VA
    Current Employee - Manager in Richmond, VA
    Approves of CEO

    Pros

    Capital One has great Work Life Balance. You work long hours only if you wish to, or don't know how to manage work, or have a really bad manager, or a stupid single person who just graduated and does not have a sense of work-life balance. One gets to learn new things at Capital One. Capital One really focuses on associates learning new skills (both hard and soft). Some of the projects are really cool to work on. Capital One also has good 401(k) package. Additionally, Richmond is a small city, cheap, affordable and trafiic is not bad. If you have kids, Henrico county schools are one of the best in the nation.

    Cons

    Lately, promotions have disappeared - its become more cut-throat and ploitical. if you can't please your manager, simply move on to a new team or be prepared to suffer all along. When I started, salaries were competitive, but in last few years raises don't even match inflation. To get a better raise and bonus, one needs better rating and due to forced curve, it has becoem difficult to get them. Bonus for mid-level jobs have shrunk as they canceled Long Term Incentives. Except for 401(k), other benefits are really bad, especially the health plans (person with a family pays close to $300/month with $3,000 deductible.)

    Advice to Management

    Create more opportunities, real ones - not false one by creating more job titles.

There are newer employer reviews for Capital One
There are newer employer reviews for Capital One

See Most Recent

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