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Bad culture stemming from performance evaluation

Lead Software Engineer
Current Employee
Has worked at Capital One for 2 years
November 10, 2024
Seattle, Washington
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros
  • Decent employee discounts.
  • Decent holidays (bank standards).
Cons
  • Bad performance management practices forcing people out.
  • Bad and toxic environment stemming from 2/year perf. eval.
  • People look for ways to advertise small accomplishments instead of focusing on engineering quality (outcome of the perf. eval. practices and stack ranking).
Advice to Management

Adopt a different performance evaluation management system (e.g., 9-box) if you want to have long-term vision and loyalty from employees.

Additional Ratings

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

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