CapTech

PTO is not PTO. - Manager CapTech Employee Review

3.0

Jul 24, 2022

Recommend

CEO approval

Business outlook

Pros

Great opportunities to get involved with different types of projects and clients Great place to learn some skills for the next stage in your career.

Cons

Seems like most of the talent I've worked with is below their stated skill level. The "PTO" is more of a reason for them not to pay out bonus. They recently made a change to the bonus structure that causes you to lose out on the tiered bonus level if you take any time off. Oh and if you get sick, that's counted as your PTO so that will affect your bonus as well. It incentivizes people to not take vacation which is going to increase the attrition rate. Since they've switched to a bi-annual bonus structure, expect to see an exodus of talent come September after bonuses are paid. The tech market is too competitive to penalize an employee for taking time off. Not a place you'll want to spend long term.

CapTech Response

Thank you for taking time to share your thoughts with us. As you mentioned, we are a company that takes pride in our culture of work life balance, so we want all employees to feel that they can enjoy our benefits while delivering great client work. The implementation of the bi-annual bonus was a result of our people sharing they preferred that structure, and that they placed more value on the base pay vs bonus payout. As a result, we have focused more on base compensation, and also love the increased opportunity to reward and recognize our people. If you’d like to talk about this further, I’d encourage you to contact me directly so I can learn more about your experience. -Katy Apostolides, Managing Director - HR

PTO is not PTO. - Manager CapTech Employee Review

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