Macquarie Group

  www.macquarie.com
  www.macquarie.com

Macquarie Group Reviews

Updated December 15, 2014
Updated December 15, 2014
329 Reviews
2.9
329 Reviews
Rating Trends

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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
132 Ratings

Review Highlights

Pros
  • Good people and culture and its up to you to make work-life balance for you (in 29 reviews)

  • Open work environment, easy access to executives, open to constructive feedback (in 27 reviews)


Cons
  • You may get some work-life balance in some offices but not generally not in Asia (in 30 reviews)

  • Long hours 10 hours a day and no overtime its part of your overall package (in 27 reviews)

More Highlights

104 Employee Reviews Back to all reviews

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  1.  

    Interesting work but poor work life balance

    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Macquarie Group full-time

    Pros

    - Work is interesting and challenging
    - Has the ability to take initiative
    - Freedom to do various things and take on responsibilities
    - Good office amenities
    - Can move around the firm

    Cons

    - Culture can be very competitive and always need to be on your toes
    - Work life balance can be poor. Expected to work from anywhere at anytime
    - Career growth is not well guided. No mentorship program

  2.  

    Technology cuts across the board

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in New York, NY
    Former Employee - Senior Manager in New York, NY

    I worked at Macquarie Group full-time (more than 3 years)

    Pros

    The company has a great set of people working for it. You can make real and lasting friendships outside of the work environment.
    Macquarie also has a very rigorous hiring practice and they bring on board some of the brightest people in the market. They also pay top dollar to attract individuals.

    Cons

    The extreme level of cuts across the support groups has really hurt the company morale. There have been multiple layoffs in the past three years and there seems to be no way of telling when they will stop. This leaves all of the current employees feeling very insecure.
    The pay starts out very well but promotions are very hard to come by, specially in the regions outside of the Australia.
    The folks in the firm are playing political games to maneuver themselves for a promotion making for a very stressful work environment.

    Advice to ManagementAdvice

    Promotion tracks should be clearer and the culture needs to return to its roots.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Mediocre place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Summer Analyst
    Former Employee - Investment Banking Summer Analyst

    I worked at Macquarie Group as an intern (less than an year)

    Pros

    Good people to work with and nice office environment

    Cons

    Deals are not that as high profile

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  5.  

    Smart people, used to be much better, going through changes

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Project Manager in New York, NY
    Former Employee - IT Project Manager in New York, NY

    I worked at Macquarie Group full-time (more than 5 years)

    Pros

    The people when I joined were really smart and friendly; the bank had some goldern years where they attracted top talent. Pay was decent, not amazing. During the growth period everyone was very motivated

    Cons

    After 6 years of not getting bonuses like everyone used to people have become very miserable. The smartest people left and the others in charge now see to not be making the best decisions...not awful decisions. But the innovation levels have dropped. The staff there are not as happy as it used to be

    Advice to ManagementAdvice

    Value your key people...the turnover of great staff has caused the morale of people left to be lower..this needs to be fixed

    Recommends
    Negative Outlook
    Disapproves of CEO
  6. 4 people found this helpful  

    Relaxed culture but embarrassingly low comp and weak reputation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Macquarie Group full-time (more than 3 years)

    Pros

    Macquarie's culture is great - people are really nice, and the smaller size of the firm in comparison with other banks means you get a lot of support and responsibility quickly. Also, they pick great venues for Christmas parties and Aussies can really drink the bar dry.

    Cons

    The compensation is well below normal for Wall Street. This place apparently used to pay big, but definitely not since 2009 (except if you're a senior hire from another bank, in which case you collect a fat guarantee then leave once it is over). Also, Macquarie is only known in certain sectors to be any good (infrastructure, commodities). If you want to make a move to better bank or to a reputable fund, it will be hard.

    Advice to ManagementAdvice

    Pay attention to and reward the actual money makers and stop wasting resources on expensive useless outside hires. Also invest more in IT. Seriously.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    good people, less support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at Macquarie Group (less than an year)

    Pros

    people here are amazing. most higher ups (MD ED) are the best people here. sales team is always busy. small company so you can basically get to know everyone on your trading floor

    Cons

    might be too conservative. if macquarie wants to expand in the us more aggressively, it needs a stronger presence.

    Advice to ManagementAdvice

    be more aggressive. develop a better internship program

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Mixed

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Macquarie Group

    Pros

    They tend to hire highly qualified people, so it is not likely that you will run into incompetent people. They don't just fill seats.

    Cons

    Most compliance environments in financial services are known for having a high stress factor and this is no different. It comes with the territory.

  9.  

    Great experience, not so great pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Macquarie Group

    Pros

    Great open environment. Can get really close to the senior MDs and VPs.

    Cons

    Not well recognized brand. Need to grow platform in US more

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Roller coaster, great potential.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Macquarie Group

    Pros

    Large firm with resources and structures. Generally there are few obstacles in talking to other business units. However as I work in a regional office in the Americas my experience is not standard

    Cons

    Well like I said, regional office. Our business unit made minimal investments in technology and overall office which is a disappointment. There are also so many layers of management in my business unit, I feel like I have multiple bosses- because I essentially do!

    Advice to ManagementAdvice

    Pay your employees market rate and build loyalty and trust.

  11. 3 people found this helpful  

    It has its ups and downs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Windows Systems Engineer in New York, NY
    Current Employee - Windows Systems Engineer in New York, NY

    I have been working at Macquarie Group full-time (more than 5 years)

    Pros

    They pay well but are becoming unreasonable with how they manage costs and budgets.

    Cons

    Historically, Macquarie pays very well and has very low turnover rates. They knew how to make you feel loyal to the company. However, senior management is being increasingly tight and is souring the culture of the bank. People are not happy and morale is very low. They seem to care about a single penny more than they care about their employees. A lot of key people in the IT department have already left or are looking to leave.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

Macquarie Group Photos

beautiful pantry at the consolidated office location on W55 St
View of Victoria Harbor from the IFC office

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