Capital One - Good company, but for how long? | Glassdoor
There are newer employer reviews for Capital One
There are newer employer reviews for Capital One

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Helpful (1)

"Good company, but for how long?"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Finance Manager in Richmond, VA
Former Employee - Finance Manager in Richmond, VA
Disapproves of CEO

Pros

Flexibility, lots of bright people work here, interesting work

Cons

Company is laying off people left and right, performance management system makes every year a crap shoot

Advice to Management

Give people as much advance notice as possible before letting them go.

Other Employee Reviews for Capital One

  1. Helpful (1)

    "Good place but could be (was) better"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Richmond, VA
    Current Employee - Director in Richmond, VA
    Doesn't Recommend
    Approves of CEO

    Pros

    Good work environment - bright colleagues. Most of the associates are hired from good schools and come in with great energy and excitement. The work itself is moderately interesting.

    Cons

    Poor leadership - focused on self preservation in shrinking environment.
    Work is becoming much more routine with focus on comliance and approvals so shades of bureacuracy creeping in.
    Slowly clawing away on benefits and salary packages over time.

    A few fast trackers grow fast but for the rest it can be a slow growth environment

    Advice to Management

    Shake up old boys network
    Bring in outsiders and select teams based on capability and not who has worked with whom in past


  2. Helpful (1)

    "Good Company - Work hard, Play Hard"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Director in Richmond, VA
    Former Employee - Senior Director in Richmond, VA
    Recommends
    Approves of CEO

    Pros

    Good working environment that challenges you both from an intellectual point of view as well as personal development. Some up or out mentality that is left over from the number of consultants that they hired in the past. Fairly strong leadership that cares about their associates and hence developed some very nice severance packages. Attempting to develop some stronger leadership from within, but there is a tendency to look at IQ versus EQ.

    Cons

    Too much focus and time on performance management. Easy to get a reputation...difficult to break it. Saw performance reviews that repeated the same development opportunity year over year. Difficult environment to get promoted in given the current and continuing reduction in workforce. Environment can produce an elitist attitude.

    Advice to Management

    Look beyond 12 months and move towards a customer centric view point. Too many associates really don't know the typical customers, and tend to hide behind their analytical models that they think provide all the answers.

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

See Most Recent

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