69% of the CEO
1 person 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.
Pros – Paycheck and avoid unemployment.
Work life balance is great because work is an absolute joke.
Cons – Staff Augmentation which means if you have a pulse and a resume then you can get a spot.
Rampant lying on resumes to push bodies into roles. This isn't consulting plain and simple.
Advice to Senior Management – Honesty.
6 people found this helpful
Pros – - Office: nice new office in Shoreditch.
- A handful of people: a very few small number of fantastic people but reducing by the day.
Cons – - Cliquey: as previously mentioned, Capco is the extremely cliquey. There is a core group who dictate exactly what happens in the organisation. If you are not part of this core group or don't blindly follow them then you will be at the bottom of the pile for everything from promotions to what work you and even pay.
- Recruitment: with big growth targets to fill, the recruitment team and those doing interviews will say anything to get people through the door. This leads to great people leaving successful positions elsewhere based on false promises.
- Training: is non-existent. The predominant attitude is to get the most out of the skills that people already have with no consideration for how to develop people into better, more rounded consultants.
- Leadership and Strategy: nice people but not leaders and no strategy. The new UK CEO is a step in the right direction however despite being 6 months into the role there is still no sign of a strategy with each of the partners having a very different view of where the business is going and no communication downwards.
- Culture: Capco translation: "throw a party every 6 months". This is the approach that has been taken to date. Looking at other reviews and from talking within the firm before I left, the more junior members of the team love this approach (just left University and offered big parties with free booze) and hence have, when asked to by management, written very positive reviews. For those who have been around the block a little more, it is clear that the culture is more akin to that of a cult, with the aforementioned clique at the centre and gifts and parties used to keep people happy, no challenges to the status quo accepted and any mention that things aren't "awesome" squashed. Bullying is rife, including by the partners themselves, and even though this has been flagged to the Human Capital team, they do not act.
- Quality of Work: 90% bodyshopping, 10% quality work. The latter is only available to a select few irrespective of ability and as such, the amount of quality work is decreasing due to poor performance. There are some very talented people at Capco, but most are in the wrong roles and/or walking out of the door.
- All Talk, No Action: mentioned a few times in other reviews but really important. Capco is exceptional at using buzzwords, "innovation" being the most common however there is no follow up. The innovation team, now called BoldRocket, lead the charge here however despite all the talk and huge amount of money spent, nothing has been achieved and again, it is a closed shop with people who have no real experience. The same can been seen of the culture (saying you have a great culture is not the same thing as actually having one) and strategy.
Advice to Senior Management – Stop and think. Capco has grow significantly and this is a big achievement however there are some huge issues that need to be addressed. Read the reviews on Glassdoor, the ones that you haven't asked people to write all show the same themes, that should give you a good start to do the right thing.
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
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.
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.
6 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
6 people found this helpful
Pros – Nice offices, focus on FS, better gender mix than other consultancies
Cons – - Pure bodyshop
- A management dominated by white, locally-minded people who marry each other (yes!) who think the pinacle of consulting is replicating Accenture
- clique culture
- empty and grandiose statements ("defining the future of finance") - sounds very "humble" indeed
Advice to Senior Management – You have to change the entire management.
No, I would not recommend this company to a friend
5 people found this helpful
Pros – Good offices, free - and very nice - coffee centrally located
Cons – Shocking recruitment process, unbelievable lack of experience and knowledge, bullying culture, cliquey, unwilling to learn/listen/change. carelesss with their resources. Staff turnover is around 15%
Advice to Senior Management – Slow down, grow organically, recruit honestly, value and nurture the experience you have. Get rid of the bullying Consultancy 101 and replace with a meaningful induction framework. Put new recruits on projects, don't leave them to fester on the bench doing unvalued 'make work' jobs. Genuinely match skills and knowledge to opportunities.
8 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.
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