Capco has so much potential, but something is going wrong - Associate Consultant Capco Employee Review

- The company seems to be struggling. Projects have been drying up, which is certainly a reflection of the wider market conditions. However, that means that there has been an extremely high number of individuals on the 'bench' not making the firm any money. This is concerning. I suspect that if things do not improve soon then redundancies will follow. - The pay is not good for graduates on the ATP working as an Associate Consultant, with the salary coming in at around 34k across the board. This has remained stagnant for the two plus years that I have been with the firm. I think Capco have not reviewed their pay grades for nearly two years, which is really shocking. When you consider inflation, I am actually earning less money now than when I started. The cost of living crisis, particularly in London, has compounded this financial struggle. A lot of people are very unhappy with the pay, and I expect individuals will start to leave if something is not done soon. Other comparable firms have been proactive, paying significantly more at the start, adjusting salaries and offering cost of living crisis bonuses. Capco are not even being reactive here (the bare minimum), which is very disappointing. - Projects are mundane. Capco, for the most part, isn't really a true consultancy. It is in essence a contracting agency with the vast majority of projects being focused on client augmentation. Think of the firm less as a strategic consultancy sitting down and advising a client as part of a cohesive team, but more as a collection of individuals working in silo within a clients organisation on BAU tasks. This isn't particularly interesting and it really limits growth and development opportunities for people early on in their career. - New talent isn't being engaged at the appropriate level. More recently, Capco has undergone a recruitment surge at the graduate entry level. The firm now has a lot of highly intelligent individuals from top universities. There is a consensus with Associates that they have perhaps entered a firm slightly lower than what they should be working at based on their qualifications.