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Manager Technology
Current Employee
Has worked at Capital One for less than 1 year
September 19, 2024
3.0
Pros

Compensation is generous, but moderately overshadowed by the high cost of benefits. Capital One prioritizes diversity within the workforce. Beautiful, energizing campuses and workspaces. Expansive associate services like on-site medical/pharmacy, gym, coffee shops, and restaurants. Reasonable time off and holiday benefits.

Cons
  • High scrutiny and managed attrition of remote employees not in engineering roles.

  • Backpedaling on the entire remote/WFH policy.

  • They are not remote friendly unless you are a software engineer or similar.

  • Expensive benefits - the insurance policy is self-funded, and they pay Anthem to administer it.

  • There is a quagmire of standards, processes, and protocols with limited centralized governance in the Technology organization, which makes it difficult to get work done.

  • A forced-ranking performance management system creates unhealthy competition and resentment within the associate population.

  • Duplicitous - The company touts itself as progressive and employee-centric, but at the end of the day, their #1 priority is dividends. They show that through their performance management system and the constantly growing expectations of their workforce. Moving roles overseas, eliminating other roles, and redistributing the work is their modus operandi.

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