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A good place to start, but not to stay

Software Engineering Manager
Former Employee
Worked at Capital One for 2 years
April 29, 2019
McLean, Virginia
3.0
Doesn't RecommendNeutral OutlookNo CEO Opinion
Pros

A great place to intern or start your career due to its great management and technology rotation programs.

Lots of great learning opportunities to pick up relevant skills. In most lines of business, the company's tech stack is pretty modern. The company is also fully invested in transitioning into the cloud and makes plenty of learning resources available.

Competitive salary relative to other commercial banks, especially for entry-level positions.

Above-average benefits: health care, life insurance, parental leave, stock purchase program, tuition reimbursement, FSA, and a FANTASTIC 401k.

Cons

There is a substantial level of politics and nepotism within the senior and executive ranks, and the effects of that are apparent. Reorganizations and departures at the VP+ level are a common occurrence. You will find managers who possess no technical background leading engineering teams.

Stack ranking and all the arguments and backstabbing that ensues.

Uncompetitive salary relative to technology companies recruiting for the same engineering talent. Don't expect to receive any substantial amount of equity (RSUs or options) unless you're going into mid to senior-level management.

You have to stay at the company for 2 years before that fantastic 401k vests.

Advice to Management

There are barnacles and political animals in upper management that you need to cut loose.

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