Capital Group reviews

3.9

73% would recommend to a friend

(2,300 total reviews)
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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 2,300 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
4.0
Jun 3, 2010
Recommend
CEO approval
Business Outlook

Pros

Used to be the opportunity, training, respect, culture and family/team (people) environment that made this a great company to work for. Now it's just "business" with no regard for the associate. Based on discussions with existing associates, unsure now, therefore, I'd have to say the April & June bonuses, plus the MRP make this a good reason to work there in 2010.

Cons

New management has taken a great company to work for and turned it into a mess. Since the layoff's one year ago, there's been nothing but chaos and confusion as the restructuring unfolds. A lot of decisions do not make sense. Lot's of knowledge was lost and cannot be replaced. May get better as things settle down and the direction becomes clear. Lot's of unhappy people remain even 1 year after the layoff's.

4.0
Apr 22, 2010

Good Company

Recommend
CEO approval
Business Outlook

Pros

Solid company in a market that isn't going anywhere. Great benefits and good people. Management treats associates with respect and associates earn this respect with much expected of them.

Cons

If you're looking for quick movement up the corporate ladder, this is not the place for you. Long term approach is across the board with American Funds.

1.0
Apr 20, 2010
Recommend
CEO approval
Business Outlook

Pros

Work for Capital Group if you have no desire to advance in your career and you just want a nice place to work. The retirement plan is very generous - you will find very few companies that provide such a rich benefit. You will get 15% of your salary plus bonuses tax free placed in your retirement account every year. There's an incredible work/life balance - not many people work more than 40 hours per week, and those 40 hours are pretty lax. There's flextime and telecommuting (for some) as well. Everyone is polite and respectful to one another.

Cons

Career growth is very limited and slow. Don't expect to be promoted, no matter how talented you are, how hard you work, or how much people like you. When vacancies come up they will be filled by external candidates. A promotion every decade or so is about what you should expect if you really work hard at it. The culture is insular and slow (5-10 years behind) to adapt industry best practices. The Senior Managers & Directors (the middle management layer) adds little business value but does contribute to a lot of complexity (politics). This is the most secretive and least transparent place I've ever worked. If you enjoy getting things done, changing things for the better, advancing in your career, and achieving results, go work elsewhere.

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Glassdoor has 2,608 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.