Capital One reviews

3.0

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(13,126 total reviews)
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Richard D. Fairbank

100% approve of CEO

100% positive business outlook

Capital One has an employee rating of 3.0 out of 5 stars, based on 13,126 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Capital One employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
4.0
Jan 9, 2009
Recommend
CEO approval
Business Outlook

Pros

Capital One is a great place to work if you take advantage of the opportunities. They paid for me to complete my degree. And they offered a lot of free programs at work that could help you advance your computer skills and marketing skills. Most of the programs they offer are certified so you could add it to your resume and let it work for you at another employer. I have had more managers than I can count in my 8 years at Cap One but most were really good. The benefits packages were the best that I have seen compared with my friends. I enjoyed the flex time it created a good balance for me to tend to my family and go to school almost full time. I can't say that people who are on the phones get this kinda flexibility. Company sponsored team fun days were great!

Cons

I would agree with one of the other posters that when Nigel left it seemed the Spirit of the company left with him. At one point I was really excelling in promotions at the company and around 2005 I hit a brick wall. There were a lot of changes being made in how people could get promoted. I could watch certain associates come into a department and know that they were set aside for a promotion. It was weird like the management was waiting for the right moment to push someone who didn't know the work right into manager position ahead of people who posted for the job and had worked it for years. Then they came up with this new idea of how to promote and give bonuses based off of these manager round table discussions. Managers who you never worked for had a say in how much of a raise you would get. So if you were an introvert, you could forget about it. I watched many take on new projects and work hard only to be passed over by those who were "in" with management socially and not "in" on the work. Heartbreaking.

2.0
Jan 8, 2009
Recommend
CEO approval
Business Outlook

Pros

It is good to enter Capital One if you are fresh out of school. It is a good place to gain the experience and learn the industry techniques. They do recruit quality and smart young students right out of school.

Cons

Capital one is not friendly to workers who has family . Some manager do mention specifically in the department meeting that the minimum requirement is to work 50-55 hours/week. I also heard that some manager requires the employee to be in office from 8:30-6:30 physically- Not a schedule you can handle if you need to drop or pickup kid.

3.0
Jan 7, 2009
Recommend
CEO approval
Business Outlook

Pros

Capital One has great Work Life Balance. You work long hours only if you wish to, or don't know how to manage work, or have a really bad manager, or a stupid single person who just graduated and does not have a sense of work-life balance. One gets to learn new things at Capital One. Capital One really focuses on associates learning new skills (both hard and soft). Some of the projects are really cool to work on. Capital One also has good 401(k) package. Additionally, Richmond is a small city, cheap, affordable and trafiic is not bad. If you have kids, Henrico county schools are one of the best in the nation.

Cons

Lately, promotions have disappeared - its become more cut-throat and ploitical. if you can't please your manager, simply move on to a new team or be prepared to suffer all along. When I started, salaries were competitive, but in last few years raises don't even match inflation. To get a better raise and bonus, one needs better rating and due to forced curve, it has becoem difficult to get them. Bonus for mid-level jobs have shrunk as they canceled Long Term Incentives. Except for 401(k), other benefits are really bad, especially the health plans (person with a family pays close to $300/month with $3,000 deductible.)

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