Capco reviews

3.8

75% would recommend to a friend

(3,434 total reviews)
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Anne-Marie Rowland

81% approve of CEO

64% positive business outlook

Capco has an employee rating of 3.8 out of 5 stars, based on 3,434 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Capco employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

3K reviews
2.0
Oct 27, 2018

Major Diversity Issues and Poor HR Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Small company startup culture trying to compete with the Big 4. Competitive compensation, benefits, and time-off policy. Singular focus on the financial services industry.

Cons

Mostly a staff augmentation firm with PM and BA roles, lack of any meaningful training program. Partners do not know how to sell projects, extremely high turnover, and poor HR function. “Be Yourself at Work” policy is a joke, consultants need to be careful about being monitored. No diversity, partners are mostly white male (Jewish), biased promotion, hiring, staffing policies.

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Capco Response
7y
Thank you for your review. It’s great to hear that you enjoyed many things about working at Capco, including our market-leading compensation and benefits and culture. Capco is dedicated to the financial services industry and this sets us apart from other firms. As a result, we are able to offer our employees interesting roles across a range of premier clients. Our resourcing teams work with each employee to identify the best role based on skills, experience and career aspirations. Employees are encouraged to shape their own career path through ongoing dialogue with their coach and manager, personalized development plans, networking events and regular feedback. There is a comprehensive training curriculum in place for all employees, including core milestone schools at each level as well as leadership training programs. Our #BeYourselfAtWork ethos is an embedded part of the Capco culture, as we recognize that inclusion in the workplace is about more than having traditional diversity networks. And, through robust HR processes, we work to ensure fairness and eliminate the possibility for bias in all areas. If any employee would like to share suggestions or feedback in this regard, then they are always encouraged to reach out to their HR representative or our Global HR Director, David Heffernan.
1.0
Mar 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Good office location on Wall Street and decent office perks if one is in the office (free food / drinks / company lunches). Like a lot of reviews said, you get to work with genuinely great people and it's not a cutthroat environment... you'll make friends and work with friends. Relatively decent company benefits (standard 401k) but healthcare is solid and contributions did not get raised over the last few years - money in your pocket. Relatively decent list of Tier 1 and Tier 2 Banks as clients, if you're lucky you end up being staffed on a number of different projects within the NYC region at different clients. Decent travel options if desired and higher up leaders including partners are generally approachable and provide feedback when requested Start-Up atmosphere and entrepreneurial spirit, even though company has now been established for 20 years (more on that later)

Cons

Appalling internal processes all around due to lack of commitment by senior leadership, lack of investment dollars or lack of focus. No meaningful HC function to speak of in the traditional sense, barely enough resources to keep the ship from sinking (HC now focuses on doing the bare minimum due to lack of employees and expertise in that function), so performance management "pilots" take 1y+ to be rolled out and are still terrible without any tangible improvements. Knowledge Management is non-existent at this company. While there's a system in place in theory, no one uploads, updates or captures any project knowledge in practice; resulting in every project being started again from scratch without any accelerators. L&D function is present in name only : No meaningful skill development at levels post Senior Consultant, courses are taught mainly by bench resources and are large "introductory" or "101" in nature. This is not enough to upsell into clients! changeSourcing agreements brought a number of "senior" industry personnel into the firm which causes a major rift. Industry people never wanted to be in consulting, aren't a company fit and don't have a consulting mindset but are now part of engagements and need to be staffed. Consultants on the other hand get disillusioned having to work with or for people who clearly are not fits for the company in drive, skillset or desire.

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Capco Response
8y
Thank you for your feedback on the many benefits of working for Capco and, in particular, our success in maintaining our entrepreneurial spirit and high levels of empowerment. We believe these have been important in supporting the strong growth we are enjoying in the firm. Unsurprisingly in a growing and entrepreneurial firm, we run a lean HR function placing the emphasis on supporting effective people management and development of potential in our leaders. That said, the function is still here to support our people and will intervene actively to optimize deployment, develop talent or promote travel options when the opportunity arises. We are also looking to continually improve the experience of working at Capco for our people and would like to better understand how we can do so. On Knowledge Management, we know that this is an area in which we can improve now that we are truly independent and can no longer rely on the platforms of our parent company. Nevertheless, this gives us a unique opportunity to tailor an approach specifically to our requirements and those of our people and clients. We have also made a swift start and introduced a new knowledge management platform recently to capture and share information more effectively. Initial feedback is good and we believe this will enhance opportunities to share information and enable more effective collaboration amongst our teams. While performance management can be a challenging core process at every firm, it is another area in which we have sought to respond to the feedback from our people and deliver a more transparent and holistic approach. The recent pilot did not take 12 months because of a lack of staff or expertise, but because we wanted to evaluate the entire performance cycle from goal-setting to final review before we launched our new approach. The Performance Management Framework at Capco now promotes a holistic and transparent assessment of your historic performance (including your broader contribution to success through activities outside the ‘day job’). It also promotes continuous feedback (via a mobile app) to drive your future development and progression. We have received positive feedback about the new process and the additional transparency provided via the new framework. We invest heavily in Learning and Development and sponsor a wide variety of learning programs increasingly focused on driving career progression for our people. Learning is linked more closely than ever to attaining career goals including Partnership. Whilst it is fair to say that learning becomes more tailored to career plans and new market developments post Senior Consultant level, you would expect this in a firm that is operating in areas of the market that are developing quickly in capabilities that are shaping solutions as well as delivering them. Finally we are not ashamed of our commitment to take talent into the firm from wherever it resides. We have lots of examples of people who have been successful consultants who started their careers in industry. We think that it is important to have diversity of talent. We believe this enhances our inclusive culture, fosters creativity in our solutions and makes the firm a great place to work. If you would like to discuss any of the points raised in your review then please reach out to your HR Business Partner or HR Lead, Mary Keller.
1.0
Jan 27, 2016

Associate Intern

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fun People and great culture

Cons

Disorganized and the balance of work is off the charts

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