If you like working long hours, being bullied and enjoy being overlooked for promotions, this is the place for you. Otherwise, I would look elsewhere.
In my 5+ years there, I saw way too much bullying at CAPCO Toronto (CATO). Most of the Principal Consultants (PCs) and Managing Principals (MPs) at this place are bullies. They do not listen to people and do not respect anybody’s opinion. These bullies will have people removed from projects for questioning their plans. And why would the bullying stop? After all, partners are willing to sweep all bullying complaints under the rug and HR is not willing to reprimand the bullies.
The unprofessional behaviour does not stop toward CAPCO’s consultants. It extends toward the client. I have seen many examples of MPs ignoring client employees and fighting with clients. CAPCO’s justification is that we know what we are doing, and all the financial institutions do not. But then again, you would act this way too if you had a CEO that constantly preached this nonsense.
Many of the consultants are incredibly young. Too young. Partners will sell kids fresh out of school to their clients as project managers and senior roles when they have no clue what is going on. CAPCO has too many kids out of university who feel entitled and think that they must be Senior Consultants because they have an MBA.
The promotion process is also a joke. The promotion decisions are made by partners, i.e., salespeople. These salespeople do not understand IT and do not comprehend what the consultants are experiencing in the field. They base their promotion decisions on favouritism instead of good work. Kiss up to the CEO and partners, and you have a good chance at a promotion. There were too many bad employees getting promoted and even more hardworking and bright people being left behind. First you give up your work/life balance, and then you get nothing for it.
How could I forget how CAPCO “encourages” their consultants to do community work? By community, they are asking you to build their brand by helping put together proposals, writing white papers, and other things. Of course, this counts for 25% of your end of year review. Problem is you must do all this on top of your regular work hours. Then the senior people i.e. MPs and PCs, take all the credit for the work.
If you are fresh out of school, CATO is a good place to learn. However, CAPCO is not good for anything else.