Thread regarding Capital One layoffs

Coaching plan vs PIP

What’s the difference between the two? Is there anyway to get a payout if given a coaching plan? I have no desire to stay or work for this micromanager and you can probably imagine how painful a coaching plan would be with an annoying micromanager. I’ll never work my way into the clique because I don’t want to play their silly toxic games. But I’d rather leave with some money if that’s possible.

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| 5367 views | | 10 replies (last January 18, 2025) | Reply
Post ID: @OP+1qK5Cs67

10 replies (most recent on top)

The advice above on the coaching plan is really great and super helpful. Try not to suffer in silence too. If you're getting wrongly criticized write this stuff down. Half of these managers need a coaching plan. If you get a new boss and the person is a meanie, try to transfer departments or get on another team. You can get trapped in a weird wheel if they give you a bad review. Then it is really hard to move departments and get out. Agree with advise. Never sign a pip. You can and you should respond in writing. When you respond focus on this is my job, these are the steps taken to do xyz they are saying you don't do. Tell them how much time it takes and whoever you depend on to get the job done and if the task is not your job. These people do a bad job of writing these pips. The response will help you negotiate a good severance. Finally, make sure the response slams the boss for specific instances where you raised the flag on the problem and or they agreed that is not in the scope of your role. Get your performance review and use it as a reference for things they grade you on in doing your job if you get mentally stuck. Never email anything to your home address nor print documents not supposed to have. When in doubt make notes of file name and location too or if safe take photo

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Post ID: @1jqv+1qK5Cs67

Capital One is a joke of a company. I started four years ago. I was part of 4 re-orgs. With the last one, I was put under terrible management. My manager wanted me to fail, lied on my performance reviews, and gave me two consecutive below strongs (the first below strongs I’d ever received). If u want to succeed at Capital One, you have to be an a-s-kisser. My experience there was the worst job/related stress I’ve ever experienced. The coaching plan was a joke. It was a waste of time. I put in a ton of effort, and was still put on a PIP. Life is too short to tolerate employment abuse.

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Post ID: @Lhan+1qK5Cs67

If get put on a coaching plan, is there a way to instead opt for a pip, or not opt into the coaching plan and still get payed a severance?

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Post ID: @6fuy+1qK5Cs67

I was put on a coaching plan with some targets that were not quantifiable. I exceeded the targets that were quantifiable and was still put on a PIP. I opted out and took the package. Since then, I sleep better, I have lost weight, I am no longer arguing with my family members, and my hair has grown back.

If they are talking about putting you on a coaching plan or putting you on a PIP, my advice would be to take a step back and determine if the work that you’re doing is valuable enough for you to continue pushing through against these performance plans. If they are, then make sure The details and your performance plans have measures captured that you can reasonably achieve in the time allotted. Even though I exceeded mine, I was still put on a PIP. It’s not a guarantee that meeting or exciting those targets will keep you there. But at the minimum at least it’s documented well.

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Post ID: @5rnu+1qK5Cs67

@anf+1qK5Cs67, you said it best. I applaud 👏🏼 you.
I don't think many people know not to tell new employees that they were laid off instead of fired. When this bs happened to me when I worked there, I kept thinking how am I going to explain this? You are so right. Never tell it, and companies only give out dates,l of employment and title. F Capital One. Op, all the best. I been through their cr-p. I don't blame you. Take the severance and get out of there.

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Post ID: @1lym+1qK5Cs67

To @aro+1qK5Cs67

The severance for someone fired on a PIP is 12 weeks. But overall severance for lay offs is based on your current level. For example, if you're a senior manager your severance is 7 to 8 months. Ask around what your severance is for your job level.

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Post ID: @1sxb+1qK5Cs67

I think you should think your situation through. If your manager is micromanging you it means hes trying to get you to quit or has marked you for as a low performer. You can either work extremely hard to defeat that perception. Or read the tea leaves and leave to greener pastures. Capital One's management for the most part is toxic , lazy and narcissistic. If you have unfortunately gotten one of those boses its best to part ways.

.....My last boss took ultimated vacations, never showed up to team meetings and then claimed our teams work and got Very Strong rating... that should tell you..... its just a game and you should leave. Even Dave Ramsey would tell you to quit. Take the severance and bounce. Theres better places dont bow your head to these abusers .

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Post ID: @inq+1qK5Cs67

How much is the severance package if you get PIPed out? Twelve weeks?

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Post ID: @aro+1qK5Cs67

If you get placed on a coaching plan or a PIP read the below actions. A coaching plan is a precursor to a PIP and if it has lies and exaggerations you don't sign it in Workday. If the coaching plan turns into A PIP you never sign a PIP either. It's not used to improve your performance if it has lies and exaggerations so you've been set up to fail. Nearly 100% of the time no one passes a PIP. You tell them to let you go with severance and so you can get unemployment benefits. There is nothing to lose because you've already been targeted to be fired. So fight for your life.

If the company refuses to terminate you and provide you severance and unemployment benefits then you write an email to you boss and his/her boss and cc: the HR Business Partner for your team and accuse them of bias, discrimination, harassment, anti-semitism, racism, s-xism, ageism, colorism, lookism, disability, religion, and wrongful termination. And anything else including that you were a whistle blower for serious corporate misconduct.

Also, don't just quit without a job because you won't get unemployment insurance for voluntarily leaving. You want to get fired. And you simply tell your new company that there was a company wide layoff. Background checks only tell a new employer your last title and dates of employment and can't divulge any reasons for getting let go. Its the law. So you're safe.

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Post ID: @anf+1qK5Cs67

Coaching plans are not something that have any sort of severance payout. CP’s turn into PIP’s after the specified time period (usually 30 or 60 days) if the associate has not satisfactorily made improvements on elements listed in the plan. The PIP is essentially an extension of the CP but comes with an opt out option. If you opt out or don’t satisfactorily complete the PIP, you are no longer an employee of C1 and can not reapply in the future, but it does come with a small severance (compared to a redeployment severance)

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Post ID: @kfu+1qK5Cs67

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