Capco Reviews

Updated September 19, 2014
Updated September 19, 2014
174 Reviews
2.9
174 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Capco CEO Rob Heyvaert
Rob Heyvaert
119 Ratings

Review Highlights

Pros
  • 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)


Cons
  • This is all they want to do in the future so if you join now do not expect management consulting (in 10 reviews)

  • Doesn't have the infrastructure of a big consulting firm (which is also a plus) (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 7 people found this helpful  

    Career Killer!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Capco

    Pros

    Elevated self esteem after realizing you're working with bottom of the barrel peers and management.
    2 paychecks a month
    Free fruit and beverages
    Work life balance is awesome bc the work is beyond easy.

    Cons

    Gaping hole on your resume bc there's no career development.
    Extremely high turnover
    99.9% Body shopping/Staff Augmentation
    Rampant lying by management/partners
    Below market pay packages
    Bonuses are a slap in the face.

    Advice to ManagementAdvice

    Firms are graded by its leaders and you get a big fat F! The lying is disgusting and you should be ashamed.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    An opportunity to be part of a growing, thriving entrepreneurial organization with Big-4 pedigree

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Consultant  in  New York, NY
    Current Employee - Principal Consultant in New York, NY

    I have been working at Capco full-time for more than a year

    Pros

    - The leadership and management heavily comprise ex-Big4 team members
    - Capco provides an environment that resembles a consultancy like Accenture or Deloitte but without the constraints that these organizations have; if you have a good idea then you'll get the backing to succeed.
    - Opportunity to focus deeply on
    - Flat leadership structure with approachable, supportive partners
    - Many experts with deep domain acumen in Financial Services, recruited from FS organizations directly
    - Small and nimble e.g. New York office has been able to make and realize the benefits of investments in digital much more quickly than similar organizations

    Cons

    - An entrepreneurial environment is not going to be for you if you are used to sitting back and waiting for opportunities to come for you, many come from industry (as opposed to consulting) and do not appreciate the need to manage your own career
    - While they aim for a 50:50 blend of FS acumen to consulting skills, many resources have come straight from industry and require investment of time from consultants to round them out, so coaching becomes very important
    - Being small and young requires pivoting; propositions and methodologies aren't always fully formed as they would be in a larger organization. On the flip-side, you get to create them
    - Demand and growth is strong (>30% yoy), which means that resource constraints is a continuing challenge especially as Capco has high standards in the recruitment process

    Advice to ManagementAdvice

    - The balance between being nimble and having an industrialized delivery machine is one that needs to be constantly attenuated
    - We need to be more vocal about how we are differentiated by the background and deep FS expertise of our staff
    - We need to be louder about our brand

    Recommends
    Positive Outlook
    Approves of CEO

    Capco Response

    Sep 2, 2014

    Thanks for your thoughtful response. It is an exciting time at Capco, as we are growing significantly, and continually looking for ways to innovate and provide more opportunities for our people and ... More

  3. 15 people found this helpful  

    Worst place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Capco full-time for less than a year

    Pros

    Social environment because there is not much work and leaders think of the company as their personal playground. Very good at winning undeserved great place to work contests

    Cons

    Lots…. incompetent, gross leaders with only their own interests in mind. Cliquey, boys club work environment, lots of kissing up needed to succeed. No investment in training, or development, just flashy office that look good to clients. Do not believe recruiting about consulting career, this is staffing company that will take any work client will pay for. "Need windows washed? We'll send over some new staff and call it change sourcing!" And if you hit the bench, be prepared to use up your own vacation time and then be laid off when the dreadful partners and sales staff fail to sell anything.

    Advice to ManagementAdvice

    As many review say ( even though the negative ones disappear quickly), try being honest with your employees. Don't ruin any more careers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 11 people found this helpful  

    Major Strategy and management shift since 2012. No longer a place I would want to be. Bad place to "make" a career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consultant  in  New York, NY
    Former Employee - Senior Consultant in New York, NY

    I worked at Capco full-time for more than 3 years

    Pros

    Good Insurance. Some cool people still there. Some management actually know what they are doing and are great to work with (Principle Consultants and Partners). Banking Domain still has some good projects but big brother FIS wants more staff augmentation.
    If you cant find any work - then go for it with an exit strategy

    Cons

    Capital Markets domain is now run by ex-IB operations guys who are destroying the company's reputation with Staff Augmentation projects. Management lies straight to their employees about nearly everything.
    Lots of money spent on the New York "in office" perks. If you are on a project and produce revenue for Capco, you will never see any of these perks so no need to list them.
    Salary increases do not keep up with inflation. Bonus is a joke for Financial Services.

    Advice to ManagementAdvice

    Hire hundreds of people a year while you loose 25% of your work force is not a good strategy.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 13 people found this helpful  

    25% Attrition

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  New York, NY
    Current Employee - Consultant in New York, NY

    I have been working at Capco full-time for more than a year

    Pros

    Partners allow you to have 1/600th of the money you earn for them.

    Cons

    A clever person will have already filtered through all the sponsored reviews and know what this "consulting firm" is all about.

    All I have to add to that is this: Capco North America currently has a turnover rate of about 1/4th the workforce per annum. There are telemarketing and food service jobs with better numbers than that. Top managers and partners are continually wondering in private why the attrition rate is so high, and why talented young people don't want to work for Capco longterm.

    The answers should be pretty obvious, but I'll give you a hint:

    - Horrible fire/hire culture
    - No direction
    - No choice
    - Endless politicking
    - Paltry bonuses and laughable raises

    Advice to ManagementAdvice

    The attrition rate is so high because it's obious you don't care about your employee's careers in the slightest. Get real.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Capco Response

    Sep 3, 2014

    We have seen incredible growth at the firm this year. Capco has hired close to 500 people so far in North America alone. While some level of attrition is expected at all firms, we are happy to ... More

  7. 9 people found this helpful  

    Avoid like the plague!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Consultant  in  New York, NY
    Current Employee - Principal Consultant in New York, NY

    I have been working at Capco full-time for less than a year

    Pros

    Collaborative culture and the tools and practices to implement them
    Good industry knowledge largely due to hiring industry professionals as opposed to consultants

    Cons

    Glorified body shop that does staff augmentation work
    Career suicide for any ambitious individual,management not engaged beyond selling
    Pathetically dishonest hiring and staffing practices
    HR, coaching and mentoring not able to keep up to pace with the current growth in staffing
    Quality of assignments is borderline administartive

    Advice to ManagementAdvice

    Clarify your mission statement and be honest about it to new employees

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Capco Response

    Sep 3, 2014

    We are committed to living our core values, which include respect and integrity, so it is concerning to read your comments regarding your experience at the firm. We invest heavily in the development ... More

  8. 2 people found this helpful  

    Control your destiny

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consultant  in  New York, NY
    Current Employee - Senior Consultant in New York, NY

    I have been working at Capco full-time for more than a year

    Pros

    + The NY office is still relatively 'small' and you have as much access to senior leadership and opportunity to expand your network as you can handle.
    + Concierge services are a little cheesy but it's nice to have support for busy professionals.
    + Interesting projects can and do exist; but you have to fight for them.

    Cons

    - It's still a job; you are getting paid for a reason.
    - Outsourced services mean it can be difficult to sort of employee benefits and paperwork
    - Expense system is being re-vamped but it's currently a hassle if you travel a lot.

    Advice to ManagementAdvice

    Continue to be open and communicative to all levels of talent. The negative reviews out there aren't entirely specific to Capco, but more to consulting in the FS space overall.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Growing rapidly, lots of opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managing Principal  in  Washington, DC
    Current Employee - Managing Principal in Washington, DC

    I have been working at Capco full-time for more than 3 years

    Pros

    A very social company, lots of energy. The management seem to make a lot of effort to communicate with the people, lots of opportunities for promotions and career advancement. Good tools are provided such as top end laptops, cells etc

    Cons

    Hours can be long on some projects and getting down-time can be a challenge. Very focused in New York and DC so its hard if you are not located there

    Advice to ManagementAdvice

    Makes sure that you do not compromise the quality of the people as you grow so quickly

    Recommends
    Positive Outlook
    Approves of CEO
  10. 10 people found this helpful  

    CAPCO . . .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Capco for more than a year

    Pros

    Very ambitious HR that posts overzealous reviews. See any of the 5 star reviews and you will see a picture painted by Van Gogh, only to realize you've been looking at a fake.

    Cons

    A glorified staffing agency for back-office work. If considering a job offer, I highly suggest looking elsewhere and this is sincere advice.

    Advice to ManagementAdvice

    Change begins with hiring and firing.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Managing Principal  in  New York, NY
    Current Employee - Managing Principal in New York, NY

    I have been working at Capco full-time for less than a year

    Pros

    Has won numerous Best place to work awards and its clear why. Its fun. What other consulting firm has such a fun dynamic office right in heart of NY.

    Cons

    tough hours and need to be nimble on feet to move from opportunity to opportunity but the pace is so excting

    Advice to ManagementAdvice

    Continue to focus on building more management consulting work

    Recommends
    Positive Outlook
    Approves of CEO

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