Capital One RTO
How’s Capital One’s rto policy? Do they require certain hours in the office? Do they track badge swipes? etc. #hybrid #returntooffice #capitalone
The official guidance from the top is 50% in office so 2.5/week or 5 every 2 weeks target. Beyond that more local orgs may have some degree of flexibility in their guidance but as data is collected and leaders are presented with it they likely don’t want to be extremely outside of the top down expectations. Some leaders don’t care or are even against it. It’s not clear where any actual autonomy on the matter starts and things could change at any moment in terms of what is next will there be a real penalty, where etc. so sadly can’t give better guidance as we don’t have it ourselves. If you aren’t willing to do 3/week I’d assume that’s a risk you take joining. I don’t see it going beyond that as flexible hours and some WFH days existed pre-2020 anyway, but I’ve also been surprised by some things so who the f knows.
Badge swipes were recently reviewed for a 2-month period and VP+ were given lists of their associates who had been in <9 times to find out why. I think we’re going to see ramifications of some kind in the new year of folks don’t do an average of 2x/week, but that’s not based on anything concrete
On average in my lob and geography there's nearly no one in the office. I tested this with being in the office every day for a week and literally 1 in like 7-8 desks are occupied on any given day. Only those that are try-harding and need to because they have face time with senior leadership show up consistently, and even then it's pretty laxadaisitcal... There has been a lot of ninja layoffs as of late. (A LOT of low performers in the product management career family has been managed out in the last quarter. Additionally a lot of contractors have been let go or moved to cheaper near-shore resources in south america.)
Are you in the McLean office?
Yes, they are absolutely tracking it. There is grapevine that they will pseudo enforce it in coming performance reviews to weed out and penalize the offenders. They can fire you for job abandonment if you are not showing up even if you do your job remotely. It’s been a shit show lately. Also there are no remote exceptions being offered unless you are Director+.
Are they actually going to fire ~40% of people for not coming to the office?
Yeah, I'm pretty confident they are tracking it. I read elsewhere here from an HR person at c1 that directors will get a rollup report of who all is currently complying... I'm also pretty sure they're going to weaponize it for performance reviews. It's unlikely they will fire you immediately but will pip you for it looks like.
Company wide they’ve been pushing managers and subsequently associates to RTO the “majority” of the week. I’ve personally seen 2 days be the most they expect on a normal work week. Badge swipes I heard can be tracked but no one looks or has the know how to.
Is there some form of penalty to an employee if he/she misses to come to office less than 2 days a week?
Not yet being penalized but could change and probably will change at any moment.