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
5.0
Oct 22, 2009

CG IT culture is changing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The salary, bonuses and benefits are tremendous. I know of no other company that is as generous in these areas. Although the culture is changing, the culture at CG has been one of the best of companies that I've worked for. They have been very people oriented and collaborative in nature. They do not tolerate extreme negativity or 'public' verbal attacks. You can be certain that meetings will be civilized, even when there are disagreements.

Cons

CG IT culture is changing. Some of it is actually for the good, because it's large enough now that it needs some hierarchical decision making. But so much of the senior management in IT is from outside the company, that IT is no longer able to maintain the overall company culture. In addition, there were some significant strategic mistakes that (in addition to the current economic downturn) seriously affected the overall financial health of the company and CG laid off over 1300 associates as a result. The morale of the remaining associates is very low, and people right now are very uncertain of the direction and whether or not there may be another layoff. There's a lot of concern about the latest layoff, since a great majority of the expertise about the applications and business is now gone. Years and years of experience are gone, and the remaining associates are trying to pick up the pieces.

3.0
Oct 22, 2009
Recommend
CEO approval
Business Outlook

Pros

Great benefits package with adequate, affordable insurance. Excellent company funded retirement account. Nice bonus structure for all employees, not just sales.

Cons

The company has a strong desire to keep long term employees, no matter how incompetent they are. My direct contact with senior management taught me that they have some very ignorant people in charge.

2.0
Oct 16, 2009
Recommend
CEO approval
Business Outlook

Pros

Great benefits; wealth of information sources; worked with very intelligent people both at the same job level, and up to portfolio managers; PMs were mostly very visible to employees and had constant communication with team members.

Cons

Work in this team was very inconsistent, Management in this team was incompetent and played a lot of favoritism. There is no structured method of how an employee is selected to be groomed towards becoming a manager. Sometimes felt like a cult-ish type of environment - if you followed the hoard you were liked, if not, you would slowly be pushed out.

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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.