Capco reviews

3.8

75% would recommend to a friend

(3,428 total reviews)
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Anne-Marie Rowland

81% approve of CEO

65% positive business outlook

Capco has an employee rating of 3.8 out of 5 stars, based on 3,428 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Capco employee rating is in line with the average (within 1 standard deviation) for employers within the Management et conseil aux entreprises industry (3.7 stars).

Reviews by job title

3K reviews
2.0
May 26, 2018

HC is an enabler

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Capco really can be an amazing place to work but there are too many issues acting as barriers to making Capco truly top tier. Recent reviews have shown that Capco has its blemishes. Those concerns are not invalid and this review speaks to my view of them but, overall, this place has its potential and you can grow a career here. I believe that I’ve developed both great colleagues and friends that I will have throughout my career. I have learned a lot in my time here from the people willing to share their knowledge generously. Most partners and senior management are approachable and, if you get a good coach, there is usually a clear path for promotion (at least at the lower levels). The challenge is, so many coaches are disengaged and, if you have a bad one, you might as well just quit. There is also no real performance criteria for coaching. There is no shortage of work and, if you’re willing to put in the hours on actual work (not the fluffy stuff), there is great potential for personal growth and interesting work. In Canada, if you’re a developer, there is no better place to work. If you’re good, you’ll get better. If you’re great, you’ll become awesome. There is no better true, full service, digital shop.

Cons

Previous reviews have not been inaccurate. There is a VERY small group of partners who produce sales. As mentioned in a previous review, there are partners that seem to have no real purpose, other than showing up a couple days a week. Others seem talk for years, about “the big deal” but have seemed to not produce or need a lot of hand holding to close a deal. Of the partners that do produce, sales, most of them seem line their project staff to take the fall and to protect themselves from any client fallout. Often it’s the people left behind after the partners have moved on to their next client (victim) who are left to pick up the pieces and shoulder the blame. If you can survive those projects you’ll find yourself in great shape to withstand anything that the corporate world can throw at you. The performance expectation framework is rarely followed in the Canadian office, ad hoc application of standards to some employees and not to others and a generally broken review process where the loudest voice in the room at round tables gets their way and performance ratings end up all over the map. In their responses on this forum, HC keep claiming how they have an open and transparent process in place and how they’re fixing or have fixed this. They haven’t (HC in NY talks a lot but have few results to show for it. It seems that when they “fix” the review process, they only make it more broken. Lack of a 360 process – A previous review highlighted the lack of a 360 review process. There was an attempt at creating this a couple of years ago but seemed to be a side effort with very little senior leadership support. The effort really fell flat. A 360 review should be part of all promotions discussions to senior levels (PC and above). The big barrier to success of the program, other than leadership support, is that Capco has tried to manage this internally and there is a widespread lack of trust that any feedback is confidential. As noted in the previous review, the lack of a true mechanism for feedback from junior resources regarding more senior resources results in people only managing their careers “upward”. Often this creates an impression/reality of sucking up and certain leadership seem to almost adopt some of these individuals as their favorites. Sometimes that favoritism is deserved because some of these individuals are high performers. Unfortunately, often, some of these people are just good at assigning blame for their own mess ups and poor performance. Inappropriate behaviour – Yes it is the elephant in the room, but it is nothing new. There have been previous reviews here that spoke to this and they have been consistently here for some time (referring to the office as a frat house among other things). Nothing was done then and, while Capco will provide lip service to actions they will take, there is no confidence in the office that anything will change and, because nothing has been done in the past, people are highly unlikely to step forward to raise concerns to a corporate function (HC) that they don’t trust. This is particularly true in Toronto where local HC, although trusted, do not have the staff to address concerns without escalating to NY and the NY leads haven’t made an appearance in Toronto (to my knowledge) for over a year. (TBH, I'm not sure senior management want NY HC in the office. HC may find out a few things) While being careful not to diminish the gravity of the issues (both real and rumoured), it seems corporate HC has either turned a blind eye to these issues or is so disconnected from the goings on in both the Toronto and New York office that it borders on negligence. Given that a lot of the stories of the inappropriate behaviour in New York make it to Toronto and vice versa, it’s hard to believe that corporate HC are oblivious. If they are truly this disconnected then there needs to be some serious questions asked of the general competence of this function in Capco. Ultimately, this is an issue of individuals and should be addressed that way. HC is right in saying there needs to be a reminder of corporate policy. That part they do have right. The real question are - will HC directly address the behaviours of those who have caused the issues to be raised (yes there are many)? - Do the HC people in place today have the ability to create anything but a public facing response? Can they be the agents of change? - Can the HC organization start to regain the trust of staff? Based on the number of anonymous responses, including mine. HC is currently not trusted to address some of these long standing concerns in a confidential and thorough matter. (Other than passive aggressive responses on this site that don't, in any way represent perception of staff or the reality of HC's performance) We’re talking about trust and trust is based on perception and a track record of results. So far, there has been a total lack of results on any of these topics from HC (despite what their claims are here).

1.0
Feb 13, 2018
Recommend
CEO approval
Business Outlook

Pros

- Capco will keep you local if you don't want to travel (that is assuming they have clients in your locale). If they don't, you'll likely sit on the bench for months. They try to avoid folks travelling. - There are a lot of ex Big 4 and other smart advisory professionals that have been recruited i.e. plenty of smart people to learn from... - If you want to take on the world, there are opportunities to do so i.e. you can grind hard and you will get verbal recognition for your efforts (but it won't amount to much come round tables if you haven't politicized effectively) True with every firm but favoritism runs rampant regardless of merit. - Compensation is on-par with the industry

Cons

- This firm seriously needs to look into its recruiting practices and what it promises to prospective hireees i.e. don't take the bait, they don't have the clients they say they do and aren't "Changing the Future of Finance" with the services they provide. They have branded well to lure in top talent but it's all words and pretty visuals with no meaning, depth or reality to it. - Leadership are completely swayed by bringing in revenue only. i.e. they will sacrifice your career mobility and ability to take on meaningful work to keep you in a position that pulls in only revenue for the partners. - Management doesn't care about your career goals, if you don't fall into line with being a mindless PMO stooge, then you're out on your ... - The level of maturity the firm has in core business processes fails any and every assessment I've ever done at a client i.e. basic processes, knowledge mgt., HR, IT etc... are the worst I've seen at any consultancy. - Major turf wars go on amongst Partners and MPs to an extent that is completely counter productive to everyone below them. If you have an idea and want to sell it to a client, expect that they will take it from you and sell it as their own - Downward communication of expectations of roles and responsibilities are also the worst I've ever seen. This is partly due to a lack of care/effort and partly due to they don't know themselves because the folks that sold the work are so out of touch with the delivery teams. So, you're expected to figure it out on your own. i.e. they won't give you the time of day to ask the right questions to ensure effective work products. - Since I joined, 4 people that started with me have left and it's only been 10 months. Their excuse is, "high turnover in consulting ,"which is true, but I'm sorry, it's not that high at quality firms.... - If you want to stretch yourself and do meaningful work at a top advisory firm, DON'T consider Capco. If you're ok with wrote, monotonous PMO/Staff Aug type work, then you'll fit it fine. i.e. I wouldn't join Capco expecting to advance your career. I guess for some it's a stepping stone to bigger and better things in the Financial Services space, but what I can honestly put on a resume after 10 months, I wouldn't sell to a used car salesman. - Lastly, transparency from the top down to the bottom is so poor that nobody has any idea why the Partners and top leadership are making the decisions they are... everyone is expected to fall in line, do, don't ask questions, unless materially relevant to your delivery efforts, and even then, don't expect for them to be answered.

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Capco Response
8y
We are very disappointed to read your review, especially as it comes from a current employee. We would like to address each of your points. Starting with our recruitment practices, we purposely involve a range of people from HR and the business in our hiring process to ensure that candidates can build up a true picture of Capco – our culture, our people and the opportunities on offer. We regularly receive very positive feedback from candidates on their recruitment experience, and on how it gives them a real sense of working in the firm. Regarding the placement of employees on assignments, we have dedicated Resourcing professionals who focus exclusively on finding suitable projects for consultants (mindful of their skills and personal development). The way we staff projects is an inclusive and interactive process, where we encourage employees to share their interests, aspirations and preferences for different types of work. Everyone has visibility of all available opportunities (including skill requirements) and people are free to apply directly for those on which they want to be deployed. While we can’t always accommodate every request, we do make it a priority to place people in roles where they are most motivated so they can be successful. As the firm is enjoying rapid growth in advance of many of our direct competitors, it means there is an ever broader range of opportunities available to our staff. Capco became an independent firm in July 2017, and since then we have been going through a transition period. This has involved establishing new IT platforms, reporting structures, policies and procedures, and in some instances, entire back-office functions. It has meant a certain amount of operational change, but, there has been a continuous focus on a smooth transition with as little disruption as possible. We have been working hard to improve our leadership communications, and continue to do so. There are regular Town Hall events, as well as other forums where employees have a clear opportunity to express their views, ask questions and put forward suggestions. Feedback from the events has shown us that our employees have a clearer understanding of the strategy and are excited by the opportunities this brings. All this said, we would very much like to address your specific concerns and discuss how you can meet your goals at Capco, and we encourage you to reach out directly to Richard Gartside, Global HR Director to discuss. We strongly encourage you to find an internal channel to share your views and ideas and we can give you a strong commitment that we will listen and respond constructively.
1.0
Jul 7, 2016

From HERO to ZERO!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

On the upside, if you want to work up a great resume via exposure to top tier banks and can put up with mind numbing work that the bank staff does not want do then yes, this is a great fit for you.

Cons

Sometime around 2015 Capco took a left turn instead of a right turn towards building upon what was at the time a great culture. The FIS acquisition has turned this one time best place to work start up boutique firm into a sales oriented every man for him/her(self) environment. What this means for its bottom line is not good and support is virtually absent at this stage. The entire #BEYOURSELFATWORK slogan has basically disappeared and is one based around fit in or get out. Around 95% of the Operating Partners have been ousted (Huge morale booster). If you are looking for boutique feel this is not it! As far as the BIG four feel its ways away from that.

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