Capital Group reviews

3.9

73% would recommend to a friend

(2,299 total reviews)
avatar

Mike Gitlin

79% approve of CEO

71% positive business outlook

Capital Group has an employee rating of 3.9 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
2.0
Aug 24, 2019
Recommend
CEO approval
Business Outlook

Pros

The landscape is nice, the people are friendly, the food in the cafe is okay and it has good health insurance.

Cons

You will never work the shift you are given. There is overtime of at least 4 days a week of 30 minutes to 2 hours per day. Pay is not competitive especially when you find out that 15% of what they offer you as your salary you will not see until you are age 65 because it goes directly into a retirement fund and is not part of your actual take home income. Very few opportunities for advancement.

2.0
Oct 3, 2017

Old School Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Smart people, great management on the investment team, and best investment team in the business. Investment results are all that really matter in this business and CG seems to have figured this out.

Cons

Back office (7.5K of the 8K employees and contractors) is decades behind other work places in terms of IT systems, quant capabilities, and so many other areas. It's all about having a big team think of reasons why something cannot be done. If you hired 200 good people to replace the 7.5K rules based people who are all into coming up with reasons why things cannot be done, you could lower feees for clients and have better systems, but everything is about how many people you manage, how you protect your team, and silo based thinking. At some point when investment results are bad management will figure this out, but it will take time.

3.0
Apr 10, 2016
Recommend
CEO approval
Business Outlook

Pros

Decent vacation/sick time accrual, paid training, large referral bonus, access to management, company is pretty willing to accommodate personal needs (although aime hoops to jump through), voluntary overtime usually available to make extra cash. Unprecedented retirement plan (company adds 15% of your total compensation each year to your retirement plan, on top of a match for your contributions), "usually" 2 bonuses per year. Almost always a manager around to help if you need approval or help with a situation. Many avenues for support from fellow associates and inter-office information center. Very honest environment. People will find cash or jewelry on the ground or in the bathroom ...and return it to security nearly every time, which is rare in society these days. I recall not too long ago, someone sent out a mass email saying they found a diamond money-clip with $1400 in it, in the hallway. They could've pocketed that and nobody would've known. But that attitude causes a "karmic" attitude where most seem to follow suit in case you are the victim one day!

Cons

Although there are usually many opportunities for movement in the company to help prevent "burn out", but nearly all are lateral movements, with no pay increase, but added responsibilities (many times even adding the new position/responsibility to what you're already doing, so in essence, you're doing two jobs now with no pay incentive). Nearly every position in the company is a "phone job" and it often just feels like a call center. Extreme micro management, with most of your calls being reviewed and graded, constant monitoring and analyzation of literally everything you do, including bathroom breaks, talk time, hold time, wrap up time, etc, which is then held to expectations and comparisons to others, who may be working a completely different work stream, meaning it's apples to oranges, but they don't seem to recognize or care that it causes inaccurate analysis of your performance (and I'm not disgruntled as I have higher than average scores consistently...however it is a flawed system). They are constantly hiring new people to relieve overworked employees like myself...yet no relief seems to come of it, plus they aren't paying a profit sharing bonus this year because of all the new hires (so it's like you are having something taken away, after putting in countless mandatory OT hours and working extremely hard to meet company standards/expectations on an increased work-load). Management plays favorites. Very political and ridiculously PC company mindset. One thing I've noticed in my time there is that so many of your peers seem to have a childish, "tattle-tale" mentality...always looking for someone to "snitch" on or throw others under the bus, for trivial things that make so sense as to why an adult would even bat an eye, let alone run and tell your manager about it. So many areas for improvement or making things more fair/efficient, while saying they want everyone's input, but then great ideas are brushed under the rug unless management came up with idea themselves.

Viewing 106 - 108 of 2,299 Reviews

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