Pros
Work life balance is extremely good at Capital One. Families are the norm and are very well supported with decent leave policies and flexible work arrangements. They are in no rush to return to the office, and leaders as well as associates extol the benefits of working from home. Compensation is quite high for certain job families (ie. software engineering), but uneven for other groups.
Cons
Meeting culture can be paralyzing due to personnel bloat at the bank. Leadership and steering meetings often involve 30+ people, which makes it difficult to generate decision or have meaningful conversation. Performance culture forcing PIP quotas breeds a climate where bootlickers are rewarded and independent thinkers are punished. In the end, calibration boils down to a popularity contest where people who are well liked by leadership get promoted and those who challenge leadership are voted into weak performance and managed out. You will find that there are two classes of employees at Capital One, lifelong veterans who have been with the bank for 20 or more years, have never worked anywhere else and are -deeply- invested in the way things are, and folks who've been around for 2 or 3 years deciding if it's worthwhile to stick it out. The former class are entrenched and know how to use the performance management system to reward each other and cement power. The second class are prey and fodder for the veterans.