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C1's Performance Management debacle is reason enough to look elsewhere

Senior Software Engineer
Current Employee
Has worked at Capital One for 4 years
June 3, 2018
Richmond, Virginia
4.0
Doesn't RecommendNeutral OutlookApproves of CEO
Pros

Innovative Tech Company with good senior management.

Cons

Performance Management is on a bell curve, and your 1-5 rating greatly affects your career trajectory, salary, and bonus. As a result, associates are forced to "play the game" of doing anything they can to appear a little better than their peers. This creates a culture where employees routinely take credit for other employees' work, including managers who are playing the same game as their subordinates. All in all, it creates a toxic work atmosphere.

Advice to Management

You fancy Capital One as a cutting-edge technology company, but your performance management system is about 20 years behind what cutting-edge technology companies are doing today.

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