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Outside hires pray you can match the performance of everyone in your role

Lead Software Engineer
Current Employee
Has worked at Capital One for 2 years
April 14, 2024
Richmond, Virginia
2.0
Doesn't RecommendApproves of CEO
Pros

The people are good, and you learn a lot. There's lots of great open source and AWS tech to work with.

Cons

Their twice-a-year performance review process is horrible for outsiders joining. You will be compared against everyone with the same role in your organization, and they don't account for how long you've been at the company. Twelve percent of employees in each role must be put in the poor performance bucket every review period.

Despite the claim of a good work/life balance, I have not seen that in the tech teams at Capital One, particularly at the team lead and above positions. It's somewhat of a cutthroat environment in my opinion for the reviews. They've also become hostile to fully remote positions.

Advice to Management

Revamp your performance review process. It's currently horrible and does not lead to good work/life balance, as the review tries to take everything everyone does into consideration, not just what their job description covers. This includes adding things that have nothing to do with the company (like volunteer work) to reviews as people try to outdo each other.

Additional Ratings

Work/Life Balance
1.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
4.0
Career Opportunities
4.0
Compensation and Benefits
5.0
Senior Management
1.0

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