Good knowledgeable colleagues to work with from whom one can learn a lot(in 6 reviews)
Easy access to senior people who you can learn a lot from(in 5 reviews)
Doesn't have the infrastructure of a big consulting firm (which is also a plus)(in 8 reviews)
Corporate direction changed drastically in 2013 with their first "changesourcing" branded staff augmentation project(in 8 reviews)
3 people found this helpful
Pros – Regular paycheck to avoid unemployment
Free snacks/beverages in the NY office
Cons – Unethical practices and disgusting behavior of senior leadership
Useless policies that are constantly being ignored, due to favoritism (i.e. greencard sponsorship)
Revolving door of talent, only those who play into the politics will get recognition or promotion
Revenue is not from real consulting engagements, but rather, large-scale outsourcing deals
High concentration of work at GSEs, mainly in dead-end PMO roles
Forced vacation use during holiday periods, when not already staffed on a billable project
Partners are not top-caliber or highly-respected, most are likely just waiting for FIS payout
Advice to Senior Management – Stop calling yourselves a "management consulting firm, focused in financial services" - because in reality, the company is just doing staff augmentation all over the place. Absorbing a bunch of employees from banks in large-scale outsourcing deals, and then slapping a "consultant" label on those individuals, is not a good business model. It will also never enable you to achieve your goal of attracting talent from top-tier firms, because guess what? Real management consultants have NO interest in doing back-office operations or IT support for years on end; if they wanted to do that, they could get those jobs on their own. Also, you have a reputation for being a "hire/fire" type of organization - so what rational individual would eagerly go to work for your firm, knowing there's a good chance he/she could be fired as soon as the work dries up? As others have said, stop lying to yourselves and stop lying to employees/recruits - you have devolved into a staffing agency, and you don't sell interesting work. Just let the firm get swallowed up by FIS, and close up shop.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
4 people found this helpful
Pros – This company has great fiction writers who keep posting rave reviews for this horrible organization. At one point Capco had some integrity but the current leadership mostly from Accenture is foul, and the dregs of the UK firm and their unemployed relatives have been shuffled over to the US and Canadian business.
Cons – too long a list. Truly awful leaders out for themselves and willing to sell out employees for personal gain, colleagues who are regularly promoted because they are good at sucking up and not much more, very little true expertise in the FS industry although they make it sound like they are world-beaters, no investment in people except for parties and some free fruit and water at the office you almost never go to. Most of what you hear from Partners and HR are lies from the first moment they begin recruiting. Once you are inside, you find out it's a joke.
Advice to Senior Management – Try telling the truth. Or give up and let this sinking ship go down before you ruin more peoples careers. Stop talking trash about your own staff -- your comments about people's physical appearance and other degrading observations are not a secret.
4 people found this helpful
Pros – Bachelor's Degree and a heartbeat? You're hired!!!
Cons – A firm is judged by its management and talent level and Capco fails on both accounts.
Management is a revolving door of old men from various defunct "consultancies". Once the well aka Rolodex dries up, they move on; turnover is extremely high at this body shop.
Talent level is disgusting and anyone off the street with a bachelor's degree can work for the company. Remember, the business model is get them in cheap and sell them out high.
Advice to Senior Management – You're still holding onto the memories of actually doing consulting work for your clients. Now, your clients are big financial firms looking to hire you to off shore employees so stop lying to current and prospective employees.
4 people found this helpful
Pros – Paycheck
Gap filler in resume
Slightly better than unemployment
No work or anything interesting to do apart from daydream
Cons – A very political and horrible environment to work for where all you have to do is watch your hard skills acquired over many years just drain away in these useless projects doing nothing, get billed premium and get barely any of that in your paycheck. The partners pockets most of that profit and you barely make any bonuses, if any. Other amount is spent on overly crowded operations and HR team who are an underestimate to the word-overhead. The rest is spent on parties that no one wants to go cause you are expected to drink heavily and suck up to everyone. Lot of favoritism and bullying from managers, HR, resourcing and pretty much even your juniors who seem to have a good "connection". This place stinks worse than the subways on a hot summer day. Don't make the mistake and fall for the fancy office and "knowledgeably" colleagues. It's all scripted and a trap. Beware
Advice to Senior Management – Treat your employees with respect. Several good people have left. Don't lose the ones that are remaining and have been with you for several years. Your not the only consulting firm.
6 people found this helpful
Pros – I cannot honestly say I have had a single good experience working for this "consulting" firm. I guess the pay is okay, but even then it's pretty mediocre.
Cons – Simply put, I've never seen a more unprofessional group of incompetents. It's as if the whole of Capco was cobbled together out of the first couple hundred people HR walked by on the street.
I work in the DC "office", and the things I see are shocking. Gross negligence, incompetence, politics at all levels. Good employees get the boot, those who barely appear coherent get promoted. Partners and senior management routinely talk down to and berate junior employees.
It's embarrassing to have to show up and work with my Capco "teammates" every day. They are unprofessional and rude to the client. They are dishonest about the hours they work. They have no original ideas and do not appear to understand the project or what they are supposed to be doing. It's just so shameful.
I wouldn't trust the partner team in DC to run a fast food joint, much less what's supposed to be a consulting firm. Even with a 99% staff aug set of projects, they still are a menace.
Only been here six months, and won't be here much longer (fingers crossed).
Advice to Senior Management – You have no business calling yourself a consulting firm. Your operation in DC is fundamentally dishonest and you should be ashamed of yourselves.
5 people found this helpful
Pros – These positive reviews are from the few unethical partners and HR- They are untrue
Cons – Utter chaos. No controls. Pitch for deals with no experience. House of Lies? - Yes. The values that lead to success: - Be arrogant - Collaborate with incompetents ignore those of value - be immature - smile and laugh at partners -stroke egos - talk a lot - and loudly especially if you have no substance- look cute - do not speak about what you stand for - run the races - attach fun pictures on cap-in-touch - act stupid when questioned
Advice to Senior Management – Start over. Management is a sad group - who speaks louder is dumber- aside from a few new professional guys.
3 people found this helpful
Pros – Two paychecks a month, a visa, free fruit and drinks. Work from home
Cons – The reviews are spot on, this place is a body shop no matter how you twist it. Can't put lipstick on this ugly pig...
Advice to Senior Management – Stop lying
7 people found this helpful
Pros – Good for junior, immature beginners who can pretend they are something they are not
Cons – The senior partners are just plain sad. Immature, lacking in talent, and egos the size of Andrew dice clay. The insecurity is palpable. Put your party hat on, if you refuse you won't make it far. The work is staffing, so do NOT expect to consult at this "consulting" firm.
Advice to Senior Management – Get rid of all the empty suits- oh wait, that is the entire executive team even the women have egos
9 people found this helpful
Pros – Resume filler for employment gaps
Cons – Where to begin? Some Basic Facts: The management team consists of wanna-be celebrities from Europe, weeded-out consultants from credible firms, over-botoxed incompetents without college degrees, sexist religious fanatics, and last but not least: JLo back-up dancers.
It goes without saying that any decisions coming out of this team, who otherwise may have been talented at their prior fields, is by far not based on any type of consulting or financial services expertise. Instead the entire firm is run like a 1980s pump-and-dump shop... except with people's careers. The business model is such: get client to sign long term contract for a job title, hire an unqualified resource with far less experience at much lower price, put them in the position and hope of the best (the best only occurs by chance less than 10% of the time). In terms of employee exploitation, this place puts the underground brothels in the outer boroughs to shame.
So how does one succeed in such an environment, as few appear to have judging by a quick search on LinkedIn? Well the answer lies into how low are you willing to go. The formula seems to be simple and straight forward. When in front of anyone who is in a position of power (client or with the "in-crowd"):
- Lie about your qualifications,
- Instigate and cultivate an inappropriate relationship - multiple ones if you are an over-achiever (meaning anything the other party wants you to do,
and I do mean anything),
- Drink very heavily to show what you are a team player.
These behaviors are not only common and un-frowned upon, but highly encouraged as key for progressing in your career at Capco. In fact, that is how the above management team made it to where they are today. Take notes kids!
After a repeated pattern of these behaviors you can expect to be promoted, on average every year; salary bumps and bonuses will depend on how loud the person/s you interacted with can yell during your round-table review.
Now for those of you who think that hard work and honesty always wins, there is hope. You can still make your time at Capco worth your while. here are some common paths utilized by your peers in the same mindset which you may choose from :
- Spend your time taking 4 hours breaks during the day to interview, all while earning a semi-decent paycheck. Also, at the Capco office you may ask for fancy paper to print your resume on.
- Maximize the "unlimited sick day" policy. Try to get a doctors note with some made up condition (other employees will happily pass around doctors names who are willing to do this). HR will almost never follow up on this since there are way too many instances that the time consumed to investigate would cut into their success-building activities mentioned above.
- Limit interaction with other Capco employees as this may kill brain cells
- Get out as fast as you can before the black mark on your resume turns into a black hole you may never come out of
Hope this helps all you prospective Capco-ites out there in the world. For all others: "Face reality as it is, not as it was or as you wish it to be." - Jack Welch
Advice to Senior Management – Give up already. You're only embarrassing yourselves at this point.
9 people found this helpful
Pros – They still pay in US dollars.
Cons – Capco's problems are so many they could fill a short novel, so these are just the highlights:
- Capco is emphatically not a management consultancy, or even a consultancy. It is a lower-end staff augmentation firm in the first stage of grief. Though HR, senior management, and corporate leadership will staunchly deny this, a cursory look at Capco's projects will tell you the truth.
- Most of the employees are downright repulsive. Bottom of the barrel, desperate, sleazy - many of them worked at a former consultancy (BP) that went bankrupt for exactly the same lack of ethics, direction, and quality. Almost all the talented employees have already left the company after seeing the writing on the wall.
- Not even a little meritocratic. Skilled Associates and Consultants are routinely passed over for promotion in favor of sycophants and lackies. I know Associates with MBAs, CFAs, advanced degrees from Ivy Leagues (or close to them), and I know PCs and MPs who barely speak English. It's incredible the amount of politics in one small, backward company. The rampant favoritism has contributed to an incredibly high turnover rate, in addition to the bad benefits, bad pay, and zero development. I can't stress this enough: if you are not in the "in" crowd, you're not getting promoted.
Overall, Capco is bad for your wallet, bad for your resume, and, most of all, bad for you.
Advice to Senior Management – Stop pretending you're an elite, NYC headquartered management consultancy when you're nothing of the sort. Capco is a second-rate staff aug firm owned by a mediocre tech giant from Jacksonville, Florida. Period.