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Helpful (3)

Interesting Place

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Manager in Irvine, CA
Former Employee - Senior Manager in Irvine, CA

I worked at Capital Group

Recommends
No opinion of CEO
Recommends
No opinion of CEO

Pros

Great salary and benefits - bar none!
Decent work/life balance
Some great people
Decent communication

Cons

Leadership has lost the long term view the company was founded on
Jobs are narrow. If you are a senior level manager coming from somewhere else, you will lose some of your skill set. CG tends to structure jobs with narrow responsibilities that run deep but are less broad.
Due to low turnover - advancement opportunities are limited for most

Advice to Management

Conduct 360 feedback reviews for leadership - a lot of leaders "manage up" very well - but are not strong leaders down the chain...The incentives can keep senior managers complacent in their performance..

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  1. Good place to work but need to pay more

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

    I worked at Capital Group

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Benefits are pretty outstanding (one of the best I've seen) and they advertise their "total" compensation package as being very generous. This is true when you consider that they multiply your salary by 15% and drop that into a pension account for you and let it grow in their mutual funds. People are pretty nice for the most part and offices are updated. Upper management is easy to talk to and usually willing to listen. Opportunity for advancement is there and definitely supported by upper management.

    Cons

    Things take very long to take place. Since it's a financial institution, projects and such move at a slower pace... to ensure that security is not breached and that no application breaks. Don't expect things to happen overnight. And don't expect to advance as quickly as you'd like although the opportunities are there.

    Advice to Management

    Involve your fellow teammates more in your decision making process. Enlist some representatives of every class and make a sort of senate committee to ensure that voices will be heard when thinking of implementing new ideas or changes.


  2. Helpful (1)

    Ahhh, back in the day....

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Manager in Irvine, CA
    Former Employee - IT Manager in Irvine, CA

    I worked at Capital Group

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    Used to be the opportunity, training, respect, culture and family/team (people) environment that made this a great company to work for. Now it's just "business" with no regard for the associate. Based on discussions with existing associates, unsure now, therefore, I'd have to say the April & June bonuses, plus the MRP make this a good reason to work there in 2010.

    Cons

    New management has taken a great company to work for and turned it into a mess. Since the layoff's one year ago, there's been nothing but chaos and confusion as the restructuring unfolds. A lot of decisions do not make sense. Lot's of knowledge was lost and cannot be replaced. May get better as things settle down and the direction becomes clear. Lot's of unhappy people remain even 1 year after the layoff's.

    Advice to Management

    Contact former Mgmt and use them as consultants or rehire them to get back on track.


There are newer employer reviews for Capital Group
There are newer employer reviews for Capital Group

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