Culture has gotten really bad - Lead Software Engineer Capital One Employee Review

2.0
8 Oct 2024
Recommend
CEO approval
Business outlook

Pros

The compensation is pretty good, hard to find comparable outside of FAANG-like companies

Cons

culture around "performance management" is terrible. Review cycles are twice a year, and take a few months each time. The stakes are high because they often enforce a 15% distribution, which means 15% of each title is required to be rated "below strong" which automatically results in a PIP. So basically for like 40% of the year you are worried about your job. Absolutely kills morale Also there are so many internal compliance requirements that there's almost no time left to work on actual feature development

Explore other reviews about Capital One

5.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Nice people and truly great work life balance (can be team dependent). Most people are in office 2-3 times a week. Food options are decent (6.8/10) but not as subsidized as I would prefer although they are less pricey than eating out at a Cava/Chipotle.

Cons

Not many, don't have anything to say.

3.0
19 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Some of the smartest individuals in their fields. The focus is always “forward” and the company is willing to adopt new tech to stay ahead for the purposes of the company’s (key word there) benefit. Great PTO and benefits.

Cons

The company’s drive to keep itself moving forward has caused it to regress in other aspects. As a leading tech company first, and leading bank second, it’s embarrassing what their stance is on hybrid and remote work. The company can easily accommodate remote options for their employees not near main offices, but chooses not to. I am relocating to a major city with no major CapOne presence and their response was “too bad, either fly up weekly or you’ll be terminated for not meeting the hybrid requirements”. It’s embarrassing because most of my week is remote anyways. I wonder how many current and past employees have been impacted, and I’m worried about how much talent they’ll be pushing away in the coming years.

1
See reviews by: Helpful|Rating|Date|All