Capco

  www.capco.com
  www.capco.com
There are newer employer reviews for Capco

13 people found this helpful  

Faux consulting, Genuine career-killer

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

I worked at Capco full-time (more than an year)

Pros

- Gives out decent laptops, cell phones
- Willing to overlook lack of financial services experience
- Has a great marketing department to give the appearance of an actual consultancy
- Provides a paycheck in US dollars every two weeks
- You can tell your friends you're a "management consultant" who works on "Wall Street" with a nearly straight face

Cons

Where to even begin?

- You are expected to bill and work 10 hour days for 8 hours of pay; criminal overbilling of the client is the norm here
- No need for a finance degree-this firm doesn't deal with finance
- Capco is a body shop of IT testers and "project managers". There are no strategy projects. The "Banking" and "Capital Markets" domains are just fronts for testing assignments or other IT work
- Capco is not a consulting firm. It's a back-office staff augmentation group willing to sell you out, despite your background, at the lowest possible rates to turn a buck
- Won't put you on a project you request-you have no choices here
- Often won't pay for your "local" travel; this is why they seek to hire naïve "local" resources and stick them with the bill for travel, even when it can be dozens and dozens of miles a day
- Too cheap to pay for separate hotel rooms, plane tickets. Hope you like sharing a room with someone who likely doesn't have the same hygiene standards in a cut-rate "hotel" after arriving on the 2:00 AM Amtrak
- No pipeline to speak of, client list is small
- Rampant unprofessionalism
- Endless internal disarray and disorganization; a revolving door of half-baked internal initiatives that never come to fruition will constantly clutter your inbox
- Your fellow "consultants" often have atrocious people skills-almost a requirement to work here, it seems
- No investment in talent. Don't be fooled by all the "talent programs" aimed to give an air of legitimacy to this body shop. You're a piece of meat, pure and simple.
- HR is rude and incompetent. Even by HR standards
- Many of the former "bankers" and "subject matter experts" worked on the service or HR side at actual consulting firms
- Tons of company events that are used to mask politics. Don't attend a HH? Not a team player. Attend a HH? Prepare to get pumped for information about your coworkers.
- Company is more focused on internal "fun" than gaining new clients; hope you like an endless barrage of superfluous "internal event" designed to foster team spirit. Don't worry, the minute you aren't a billable resource, you'll all be fired as a team, too.
- Partners waiting to cash out the moment the rest of this sinking ship is acquired by FIS in a few years; mentally, they're already gone
-I could go on for quite some time, but ultimately Capco's biggest problem is it simply isn't a consulting firm

In summation:

Are you a degree holder, HR rep, or someone who has a vague idea what consulting actually consists of? Have you watched "House of Lies" and dream of an illustrious career as a management consultant, but have none of the prerequisites? Do you consider people skills something dangerous and foreign? Is your command of the English language one of your "softer" skills? Do you classify yourself as a member of the human race and desperately need a paycheck? Capco could be for you.

For anyone else who is remotely serious about being a consultant, avoid like the plague. Two years in this butcher's shop will have you wishing you could permanently erase your CV.

Advice to ManagementAdvice

Cash out.

Doesn't Recommend
Negative Outlook
Approves of CEO

233 Other Employee Reviews for Capco (View Most Recent)

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  1. 4 people found this helpful  

    HR is biggest problem and needs change

    • 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 (more than 3 years)

    Pros

    Capco is really into happy hrs which provides for a perfect platform to gossip.

    Cons

    HR recruiting team has single handedly killed the prestige and reputation of Capco.

    Due to the nature of consulting, a heavy importance in HR screening possible candidates is required. HR at Capco is incompetent and do not have the ability to properly measure real talent from an average joe off the street.

    Advice to ManagementAdvice

    Restructure entire HR team, they are worse than disappointing when it comes to recruiting talent and is a major reason why Capco is doing so horrible in not only the eyes of its employees but also clients as well.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 8 people found this helpful  

    Better than unemployment... barely

    • 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 (more than an year)

    Pros

    Ability to be staffed and put in front of senior clients regardless of experience or qualifications
    Willing to dramatically undersell competitors to get in the door without considering impacts to consultants on the ground or quality of delivery
    Leadership team with lots of experience--they're the ones that helped crash BearingPoint
    New Leadership from UK office not afraid to ignore, ice out, fire, or berate lazy Americans

    Cons

    Recruitment hires non-stop regardless of pipeline
    Poor management alienates qualified people
    Doesn't value people or clients
    Mostly a body shop with little investment in training
    Little respect from clients or prospective employers

    Advice to ManagementAdvice

    Keep doing what you're doing. The few pockets of good people you do have left will continue to leave and then you'll be left with the sweatshop you've worked so hard to cultivate.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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