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Culture has gotten really bad

Lead Software Engineer
Current Employee
Has worked at Capital One for 2 years
October 8, 2024
2.0
Pros

The compensation is pretty good. It's hard to find comparable outside of FAANG-like companies.

Cons

The culture around "performance management" is terrible. Review cycles are twice a year and take a few months each time. The stakes are high because they often enforce a 15% distribution, which means 15% of each title is required to be rated "below strong," which automatically results in a PIP. So, basically, for like 40% of the year, you are worried about your job. Absolutely kills morale.

Also, there are so many internal compliance requirements that there's almost no time left to work on actual feature development.

Additional Ratings

Work/Life Balance
1.0
Culture and Values
1.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
2.0
Compensation and Benefits
4.0
Senior Management
1.0

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