Does capital one have an up or out culture?

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Industry up or out....?

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Great intelligent people over there but avoid company at all costs, yes they over pay on paper but eventually you will learn it’s a very political scene especially during “calibration” employee ratings that affect position and raises / bonus. Cap1 is trying to market themselves as a tech company instead of a bank so they hire a bunch of ppl with Consulting & Engineering backgrounds but don’t let them know 6-8 months of most positions are approved salary wise before they decide to have sporadic cuts / position eliminations with unfinished projects. I worked there for 5 years before consulting.

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Cap1 measures utilization by department profitability and team / project size. Plenty of internal client contract red tape they are a bank and a well known one - it depends on department and position exposure to internal client classified information. Still a great company plenty of cool people, projects and perks / benefits. You just have to stay afloat yearly with the calibration tidal waves of uncertainty.

Significantly lower attrition means industry companies can’t have up or out if they wanted to

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