1. During appraisal cycles, if you're at senior consultant level, get ready to hear the same story for your default rating even after getting exceptional feedback from the client. Even after getting consistently good feedback from my client (HSBC), I was given default rating stating that I'm only working for HSBC throughout the year and not contributing to any Capco level activities. A consultants performance at client side is the bread and butter for Capco. But due to such expectations/excuses by the Capco management, employees decide to quit. For me, HSBC work quality was really good and I never thought I'd quit in 3 years of my tenure with Capco.
2. HSBC was one of the biggest clients of Capco. However, during the last couple of years, HSBC and other clients have reduced the head count of Capco consultants.
3. As the head count from client side reduced, employees struggled to find another project. Upon failing to do so (due to very limited opportunities), employees are asked to resign. This raises a question on the job security.
4. HR business partners are useless, not approachable. I resigned a day before hike letters were to be released. My hike letter was put on hold and that's how I lost my hike for the 3 months during my notice period. I had put a lot of effort just to receive the single digit peanut hikes but the same was put on hold because Capco wanted to save on the my hike which was to be given to me only for 3 months (i.e. during my notice period tenure).
5. Previously hikes used to be good. But since last 2 years the hikes given are in single digits. Mostly 4 to 5 percent upon receiving a default rating.
