Awful company - Consultant Capco Employee Review

1.0
Jan 22, 2024
Recommend
CEO approval
Business Outlook

Pros

- They give you decent laptops and smartphones - Number of annual leaves

Cons

It's hard to find words to explain how bad this company is. - They try to cheat you on the salary. When I was recruited, the salary was below my expectations. The recruiter told me that it was possible to get "a fast promotion". What a fake promise. Needless to say that after I started working for Capco, a promotion was never mentioned again. Even the salary increases were abnormally low (less than 1% per year), despite being on project and billable for Capco. - Capco is not a consulting firm. It's a bodyshop for HSBC, with an extra-thick layer of marketing BS to make it look like a consulting firm. You will be sold to HSBC to fill in the least interesting roles in HSBC (the roles for which they find nobody). You will stay there until HSBC doesn't need you anymore, and after that Capco will fire you. - Most projects are messy, because the Capco managers sell messy projects to make their sales numbers, and Capco just cares about sales numbers and doesn't really care about delivery quality. - Many Capco managers have no people management skills. They have been appointed just because they have certain relationships or because they are good at boot licking. - You will be constantly flooded by emails, messages, mandatory trainings, asks and requests from both HSBC and Capco. - In addition to your client project, Capco asks you to work and participate in Community Activities (ie internal projects and initiatives). It is true that this is an opportunity to meet and connect with your Capco colleagues, but unfortunately 90% of these projects are BS. People launch superficial initiatives to promote themselves and lick the boots of Capco leadership. - Capco APAC leaders say that the company is growing by +30%, but Capco has been firing lots of consultants in 2023, so I don't think the company is doing well now. - Performance reviews and promotions are BS. All based on relationships and boot licking.

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Capco Response
2y
We are very disappointed to read your perspective of Capco. We regularly undertake a salary benchmarking exercise to ensure that the compensation we offer is in line with the market to attract and retain the best talent. We also run twice-yearly promotion cycles, so if an employee meets the promotion criteria, they can be put forward for consideration for promotion to the next level. Lots of employees opt to get involved in Community activity at Capco which is an opportunity for them to follow a passion and develop skills and knowledge in an area they may not typically encounter in their day-to-day role, for example, our diversity, equity, and inclusion agenda or learning and development activities. A specific percentage of the overall performance assessment is directly linked to Community, which ensures that where an individual has made a contribution, this is recognized and rewarded. However, the majority of the performance assessment is always weighted towards performance in the individual’s core role. As a people business, we care deeply about our people, and our Be Yourself At Work culture is about creating an inclusive and supportive environment where everyone can fulfil their potential. This extends to the work that we undertake and the resourcing of projects as our goal is always to offer interesting roles aligned to an individual’s career aspirations. As a leading global technology and management consultancy, Capco has a portfolio of prestigious clients and projects right across the financial services sector and, in the APAC region, our client portfolio has never been wider. Our consultants are involved in delivering end-to-end data-driven solutions and digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. The demand for consulting services did moderate somewhat due to the economic climate, which unfortunately resulted in us parting company with a number of employees on the bench in HK. However, the outlook for our APAC business is healthy, and as you may have heard at the January Town Hall, there are exciting growth plans in place for the region in FY25. If you would like to discuss your feedback further, or seek support with your career development at Capco, you are encouraged to reach out to your HR Business Partner or Coach.

Explore other reviews about Capco

5.0
Jul 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Capco has been genuinely supportive and invests in the development of my career. The team culture is collaborative and positive. Work-life balance has been consistently good with reasonable expectations.

Cons

No major complaints - but every role has some client-driven variability which comes with consulting

5.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Capco has a friendly culture where people like to win together. A solid meritocracy that is expertise focused, and growth oriented with approachable leaders and plenty of opportunities for advancement.

Cons

Employees should be self-motivated (which for me is a plus), but being a smaller company it does lack clear and standard documentation routines. There is no one-size fits all career map, which allows self-starters to succeed and rise quickly in the organization.

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