Capital One Canada is a sinking ship - Anonymous employee Capital One Employee Review

3.0
3 Apr 2021
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Great culture and good work life balance - Good tech stack

Cons

- Compensation (salary, bonus, annual raise) is way below market for software engineering - Lots of lip service and "swag" but they don't put the money where their mouth is - If you're a software engineer, you will spend a big chunk of your time dealing with vulnerabilities remediation, adopting/onboarding to enterprise in-house tools/monitoring, and much less time engineering actual products - Title inflation, recent grad one year out of school can be promoted to "Senior" Software Engineer. This is an insult to actual senior engineers. - Terrible performance management process - Promotion process is muddy and the goal post shifts every year - Canada business has been on a downhill trend for years (lost two partnerships, lack of competitive branded products, can't retain customers that graduate from the secured cards) - Company townhalls turned into personal story time from senior leadership and less about the business.

Explore other reviews about Capital One

5.0
20 May 2026
Recommend
CEO approval
Business outlook

Pros

Capital One is a tech-first company. Most of the latest tech skills, tools, and practices are implemented. Most teams have interesting work where you learn and get to apply your skills.

Cons

Often, the new development work is assigned to the full-time employees. Access to many of the tools is also restricted to the FT employees

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.

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