Capital Group reviews

4.0

73% would recommend to a friend

(2,299 total reviews)
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Mike Gitlin

80% approve of CEO

71% positive business outlook

Capital Group has an employee rating of 4.0 out of 5 stars, based on 2,299 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Capital Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
3.0
Mar 25, 2023
Recommend
CEO approval
Business Outlook

Pros

- Good medical benefit - Competitive total rewards package - Helpful co workers - Irvine office infrastructure is good

Cons

- Your life here depends on your manager and how you impress the other managers. Your work and skill does not count much towards your career advancement. If you are one of those humble natured, hard worker who believes that your work excellence will be noticed and you will be promoted then this is not the place. It is how you butter up the management and beat your own drum everywhere to be noticed (does not matter whether you are just making a noise) - No matter how much of constructive feedback is provided about management, HR will always clear up the feedbacks and no impact happens to the managers. The management treats the associates as school kids and most instructions are top down. In the recent EDO restructure, associates are repositioned without any choice. The position selections are completely random - not matched to associate skills or preferences. Each Sr. manager picked up the folks they like to work with. You maybe thinking that this was a hasty decision? The EDO took about 18 months to be implemented and brought complete chaos. Talk about Management efficiency!!! - CG used to be a thoughtful company and believed in their core values. The recent management believes in hire and fire culture. During COVID, the associate strength has been increased by 2,400+ which is >25% of existing workforce!! Many associates were concerned about this sudden growth that has never happened in 90 years of the company history. We all knew the market will change to a bear market and it did. So now they are after layoffs. Many of us provided feedback regarding this shortsightedness - but of course - the CG HR team is standing there with their shield. - if you want to advance technically then this is not the place. Most technical decisions are made by Sr. managers with obsolete/backdated technical skills. They will not risk their reputation to try out new areas or let an associate lead these areas. - My advice - just keep quiet, do your work, get the 3% annual increment, 2 bonuses and just be the "yes" person for your managers. Praise your managers and it will do the trick.

1.0
Jul 20, 2018
Recommend
CEO approval
Business Outlook

Pros

- Great campus - Good pay - Decent cafeteria

Cons

- Managers lack business savvy - Gossip and backstabbing - Sycophants are the only ones who are favored - Culture of fear and mistrust - Once you make a mistake you are ostracized - BMS is a bottleneck - I want to give 0 stars but can’t

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Capital Group Response
7y
We are very appreciative of the time you took to provide this feedback and are disappointed to hear about your experience working here. We take such comments seriously and will incorporate your feedback into actions we are taking to continually improve our working environment. We are always looking for ways to make our processes and department better and it is our goal that our associates have a consistently positive, productive and engaged work experience.
3.0
Apr 1, 2024
Recommend
CEO approval
Business Outlook

Pros

Great benefits, even in a time of reduced benefits at higher prices.

Cons

The benefits come at a great price. People feel pigeon holed and afraid. They are beholden to the illusion of stability and comfort from this company whose track record as an investor and an employer is impeccable. There are no career paths. And good luck at forging your own. The long term price -- as told by the many walking wounded who have walked away -- rebuilding confidence and mental health after years of being told how incredible you are, how brilliant your work is, and yet year after year being denied opportunities to grow and contribute in different ways. This conundrum is compounded by the fact that Capital Group tends to hire overqualified professionals. You will meet admins with Masters Degrees and Associates with PhDs.

Viewing 40 - 42 of 2,299 Reviews

Glassdoor has 2,607 Capital Group reviews submitted anonymously by Capital Group employees. Read employee reviews and ratings on Glassdoor to decide if Capital Group is right for you.