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Politics Over Code, Pay Varies

Software Engineer
Current Employee
Has worked at Capital One for 2 years
February 4, 2022
McLean, Virginia
1.0
Doesn't RecommendNegative OutlookNo CEO Opinion
Pros
  • Pay is nice if you are being hired out of college.
  • HSA is pretty nice.
  • Stock Purchase Program. Stock is bought at the end of the month and can be sold once they hit your account.
  • Work-life balance can be great, depending on the team.
Cons
  • If you are experienced, you will be paid less than an entry-level college hire.
  • The company will make you lazy. Coding is secondary here. You will only deal with AWS and buggy enterprise tools.
  • The performance management process is absolutely horrendous. Stack ranking makes performance management a popularity contest. You need to know how to play office politics.
  • There are no COL raises, only merit raises. They will only give non-merit-based raises to TDPs (entry-level college hires).
  • Work-life balance can be horrible, depending on the team.
  • Getting promotions is heavily dependent on the organization you get hired into.
Advice to Management

Invest in your experienced hires.

Get rid of stack ranking.

Additional Ratings

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

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