Capital One reviews

5.0

100% would recommend to a friend

(13,197 total reviews)
avatar

Richard D. Fairbank

100% approve of CEO

100% positive business outlook

Capital One has an employee rating of 5.0 out of 5 stars, based on 13,197 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Capital One employee rating is 34% above average for employers within the Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
1.0
Feb 15, 2014
Recommend
CEO approval
Business Outlook

Pros

Great Medical, Dental and Vision benefits

Cons

Layoff is the order of the day. There is a regular massive layoff due to what the senior leadership describe as 'restructuring'. Capital One is so convinced they will lay people off regularly that they have a Career Development Center office in their Richmond location and works with a company called LHH to help their laid off employees transition out of the company. Additionally, the annual employee performance review is not based necessarily on how well you have performed over the past year but how you compare to others in the same level but who may not be doing anything related or close to what you are doing. Your annual bonus depends on how well your manager can represent you in the presence of other managers and/or how well or badly everybody in your level did over the previous year.

1.0
Nov 25, 2013

A very ugly culture

Recommend
CEO approval
Business Outlook

Pros

Salaries are high. People are smart but can forget their values in the survival atmosphere. Richmond campus is beautiful with good amenities. Richmond is a very affordable town to live in. Give the company a try if you already live in town, but don't relocate as there aren't a lot of other high paying jobs there.

Cons

Company hires, fires, reorganizes, hires, fires, reorganizes, hires, fires, reorganizes... Mandatory performance management bell curve creates a Survivor like atmosphere. Improvements and best practices have to be rediscovered over and over because churn causes backsliding.

2.0
Nov 18, 2011

Contractor Purgatory

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Capital One is a brand that many future employers will recognize and carries some clout in this area. Contractors are well-compensated for work. Working from home and flexible scheduling allows for a nice work-life balance. Fast moving. Nice co-workers.

Cons

Contracting feels like being a stranger in a strange land. There is a certain hierarchy that is built into the way things are done there, and contractors are at the bottom of the rung. It is reinforced not only by differently colored badges (Yellow vs. Blue) and CONT after one's name on email and IM, but also by involvement and perks, such as not being able to use the gym, health center, or Career Development Center. Also contractors are excluded from other events with the exception of department potlucks. Space is at a premium at West Creek, so don't expect a cubicle or an office to work in. The PODS can be very noisy, thus headphones are a necessity. I have personally found that several managers dangle the conversion carrot to increase productivity from contractors only to renege at a later date. The decisions on who to make an associate are not always clear. Do not expect much in the way of training or assistance after the first week or so in the job. This is SPARTA. All that being said, a good manager can negate many of those issues. Managers who view contractors as team members rather than as resources make all the difference. Culturally, Capital One moves very fast. Reorgs and change management are very common. However, these decisions are not always well- considered or fully funded. Capital One loves processes and data, but doesn't always know what to do with it. Too many meetings, acronyms, and as other posters described, empty words.

Viewing 355 - 357 of 13,197 Reviews

Glassdoor has 21,321 Capital One reviews submitted anonymously by Capital One employees. Read employee reviews and ratings on Glassdoor to decide if Capital One is right for you.