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Competitive salary and benefits, but sometimes too competitive to be productive

Senior Applications Developer/Manager
Current Employee
Has worked at Capital One for less than 1 year
August 19, 2011
Plano, Texas
3.0
RecommendsApproves of CEO
Pros

Decent place to work with good salary and benefits, such as a $1000 match on FSA, a 7.5% 401K match, and a stock purchase program.

Great benefits in case of layoffs.

Good work/life balance.

Convenient location with on-site conveniences like a gym and nurse practitioner.

Cons

They try to hire really good people based on aptitude, but not enough focus on technical skills.

A very competitive culture that fosters distrust, with people always doing things for visibility and getting good points for year-end appraisal.

Forced rankings in the year-end performance process.

In IT, too many people talk a lot and come up with lists of bullet points, but very few people understand technology and can help when there are problems.

In IT, too many managers seem more interested in climbing the corporate ladder but lack any strong technical background.

Advice to Management

In IT, please recruit people for technical skills and promote those who can be good people managers with a good technical background, rather than depending on outsourced companies for everything.

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