There are newer employer reviews for Capital Group

Helpful (4)

It Depends on What Business Group You Land In

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee in Los Angeles, CA
Former Employee - Anonymous Employee in Los Angeles, CA

I worked at Capital Group full-time (more than a year)

Doesn't Recommend
Neutral Outlook
No opinion of CEO
Doesn't Recommend
Neutral Outlook
No opinion of CEO

Pros

- Great retirement plan (FYI - you're not fully vested until 6 years)
- Great healthcare
- Nice offices with amenities (at least if you work in a building w/investment group offices)
- Stability - you're not likely to suddenly lose your job
- Good comp with multiple bonuses / incentives throughout the year
- Big company - possible to move around, sort of. I quit, but *was* offered a position in another business group.
- Civil office culture - yelling & open disrespect aren't tolerated
- Good coworkers - some really lovely people work there.

If you're looking for a stable corporate job where you punch a clock and don't need to think independently, it's probably a good fit for you.

Cons

- Employee satisfaction varies dramatically depending on business group and manager.
- Not a meritocracy - most places aren't entirely, of course, but it seems especially true at Capital.
- Growth is often not possible because most associates are overburdened with volume of tasks.
- Intelligence and honesty are not valued. Being able to play the game is.

They promote and emphasize growth in theory, but in practice advancement is a result of politicking and interpersonal strategy. Get in good with the boss = get your workload reduced + get handed opportunities for exposure. I saw this happen at all levels, from senior management all the way down to admin assistants.

Also - globally speaking - they're going through some big changes, so it may be a little extra bumpy for a while.

Advice to Management

Look closely at concentrated turnover in a department - really, it IS you, it ISN'T all about the departing associates.

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  1. Helpful (3)

    Good Pay, Poor Advancement, No Leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Group in Irvine, CA
    Current Employee - IT Group in Irvine, CA

    I have been working at Capital Group full-time (more than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Pay is good. bonus occurs 2x a year

    Cons

    Bonuses are considered part of your "base". The bonuses continue to diminish dramatically year over year (net result is lowered overall pay). Company struggles with direction. Annual reviews are performed in the round, by a gathering of managers you don't come in contact with or have little to due with your assignments and how well you perform them..

    Advice to Management

    Associates should be reviewed based on the work assigned, not on a job description. You can't hold an associate hostage based on a job description that you assign to them rather than the work you give them to do! Mangers best know what is assigned and how the associates performed against the assignment, not a gathering the manager's peers... Use some common sense!

  2. Helpful (1)

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - GSD Desktop Support in Los Angeles, CA
    Former Employee - GSD Desktop Support in Los Angeles, CA

    I worked at Capital Group full-time (less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Value all associates
    Career advancement opportunities

    Cons

    Old Technology
    team to communicate efficiently
    Really hard for company to make any type of changes

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