Capco reviews

3.8

74% would recommend to a friend

(289 total reviews)
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Anne-Marie Rowland

82% approve of CEO

64% positive business outlook

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289 reviews

Reviews about "Compensation"

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5.0
Apr 2, 2018
Recommend
CEO approval
Business Outlook

Pros

- Recently taken private again - Flush with opportunity to impact the direction of the firm at every level - New offices, new clients coming online - Culture that's true to their word when they say "Pitch a good idea and we'll let you run with it"; this is especially true in newer offices like Charlotte and DC - Simple yet fair comp structure; doesn't try to pay people less through smoke and mirrors complex bonus programs like at a lot of firms - Plenty of opportunity for people who want to step up to the plate and leave their mark on the firm - Quick promotion for those who are ready; no arbitrary forced time in current levels - Best benefits I've seen in the last decade, especially for families - A culture of work hard, but with a sincere concern and understanding that you have a life outside of consulting. They have unlimited sick days on top of paid time off but because of the culture I've not seen nor heard of anyone abusing this policy and it's a great one to have when you need it! - I could keep going, but you get the idea, this is a great firm with a lot of potential as a company and for anyone who works here.

Cons

- After splitting from FIS and going private, the operations are VERY lean. Not a terrible con as all of these are being worked on, but it does take time. Having to stand up new IT functions, update corporate policies, finance operations, etc. doesn't happen at the flip of a switch. Anyone who understands this will not be bothered by this

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Capco Response
8y
Thank you for your great review and we are delighted to hear that you are enjoying your first few months at Capco! Your review really sums up many of the great things about our firm and we are very excited to be opening new offices as you mention including Charlotte, DC and Stockholm. Your review is very helpful to give those considering joining the firm a real insight into your own experiences. As you mention, Capco is undergoing a transition period and while a lot of work has already gone into this, some of these things take time. Ultimately however, this will put the firm, and our people in a better position as we introduce policies, processes and systems which align to Capco's culture and needs. We wish you the best of luck in your Capco career!
1.0
Mar 12, 2018
Recommend
CEO approval
Business Outlook

Pros

Good office location on Wall Street and decent office perks if one is in the office (free food / drinks / company lunches). Like a lot of reviews said, you get to work with genuinely great people and it's not a cutthroat environment... you'll make friends and work with friends. Relatively decent company benefits (standard 401k) but healthcare is solid and contributions did not get raised over the last few years - money in your pocket. Relatively decent list of Tier 1 and Tier 2 Banks as clients, if you're lucky you end up being staffed on a number of different projects within the NYC region at different clients. Decent travel options if desired and higher up leaders including partners are generally approachable and provide feedback when requested Start-Up atmosphere and entrepreneurial spirit, even though company has now been established for 20 years (more on that later)

Cons

Appalling internal processes all around due to lack of commitment by senior leadership, lack of investment dollars or lack of focus. No meaningful HC function to speak of in the traditional sense, barely enough resources to keep the ship from sinking (HC now focuses on doing the bare minimum due to lack of employees and expertise in that function), so performance management "pilots" take 1y+ to be rolled out and are still terrible without any tangible improvements. Knowledge Management is non-existent at this company. While there's a system in place in theory, no one uploads, updates or captures any project knowledge in practice; resulting in every project being started again from scratch without any accelerators. L&D function is present in name only : No meaningful skill development at levels post Senior Consultant, courses are taught mainly by bench resources and are large "introductory" or "101" in nature. This is not enough to upsell into clients! changeSourcing agreements brought a number of "senior" industry personnel into the firm which causes a major rift. Industry people never wanted to be in consulting, aren't a company fit and don't have a consulting mindset but are now part of engagements and need to be staffed. Consultants on the other hand get disillusioned having to work with or for people who clearly are not fits for the company in drive, skillset or desire.

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Capco Response
8y
Thank you for your feedback on the many benefits of working for Capco and, in particular, our success in maintaining our entrepreneurial spirit and high levels of empowerment. We believe these have been important in supporting the strong growth we are enjoying in the firm. Unsurprisingly in a growing and entrepreneurial firm, we run a lean HR function placing the emphasis on supporting effective people management and development of potential in our leaders. That said, the function is still here to support our people and will intervene actively to optimize deployment, develop talent or promote travel options when the opportunity arises. We are also looking to continually improve the experience of working at Capco for our people and would like to better understand how we can do so. On Knowledge Management, we know that this is an area in which we can improve now that we are truly independent and can no longer rely on the platforms of our parent company. Nevertheless, this gives us a unique opportunity to tailor an approach specifically to our requirements and those of our people and clients. We have also made a swift start and introduced a new knowledge management platform recently to capture and share information more effectively. Initial feedback is good and we believe this will enhance opportunities to share information and enable more effective collaboration amongst our teams. While performance management can be a challenging core process at every firm, it is another area in which we have sought to respond to the feedback from our people and deliver a more transparent and holistic approach. The recent pilot did not take 12 months because of a lack of staff or expertise, but because we wanted to evaluate the entire performance cycle from goal-setting to final review before we launched our new approach. The Performance Management Framework at Capco now promotes a holistic and transparent assessment of your historic performance (including your broader contribution to success through activities outside the ‘day job’). It also promotes continuous feedback (via a mobile app) to drive your future development and progression. We have received positive feedback about the new process and the additional transparency provided via the new framework. We invest heavily in Learning and Development and sponsor a wide variety of learning programs increasingly focused on driving career progression for our people. Learning is linked more closely than ever to attaining career goals including Partnership. Whilst it is fair to say that learning becomes more tailored to career plans and new market developments post Senior Consultant level, you would expect this in a firm that is operating in areas of the market that are developing quickly in capabilities that are shaping solutions as well as delivering them. Finally we are not ashamed of our commitment to take talent into the firm from wherever it resides. We have lots of examples of people who have been successful consultants who started their careers in industry. We think that it is important to have diversity of talent. We believe this enhances our inclusive culture, fosters creativity in our solutions and makes the firm a great place to work. If you would like to discuss any of the points raised in your review then please reach out to your HR Business Partner or HR Lead, Mary Keller.
2.0
Feb 27, 2018

Project Manager

Recommend
CEO approval
Business Outlook

Pros

Above average benefits i.e vacation days, maternity leave

Cons

yearly turnover of 50%. No true organization structure. Do not fit your background to a role(bodyshop). Bonuses split in 2(End of March and September). Vesting 401K

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Capco Response
8y
Thanks for sharing your feedback. Capco offers comprehensive benefits to our employees. We’re glad to hear that these have been important to you. The figure you quoted on attrition is not correct, our attrition is nowhere near that level. Attrition has been at or below industry standards in Capco. There are many opportunities to progress and develop as we grow the firm and these factors contribute to the higher retention levels we enjoy. There are several ways in which people are recognized for their contributions. This is very important to us. Our structure is matrixed, with industry and capability domains. It is relatively flat which means employees have more direct access to senior leaders and more opportunity to make an impact. Our 401(k) plan is highly competitive with a significant match. Through the 401(k), our people can defer some of their income on a tax-deferred basis and benefit from earnings and a significant match. With regard to placement in roles, we have dedicated resourcing professionals who focus exclusively on finding suitable projects for consultants (mindful of both skills and personal development). The way we staff projects is inclusive and interactive. We encourage employees to share their interests in different types of work. Everyone has visibility of all available opportunities and people are free to apply directly for roles of interest to them. While we can’t always accommodate every request, we do make it a priority to place people in the roles they are seeking so they are highly motivated and will be successful. As the firm is enjoying rapid growth a broader range of opportunities are available to our employees. Please feel free to reach out to our Americas HR Lead, Mary Keller, to discuss your feedback and how we might best support you.
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