Macquarie Group Reviews

Updated April 2, 2015
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3.0
122 Reviews
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
37 Ratings

122 Employee Reviews

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  1. A decent place to work, overall

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

    I have been working at Macquarie Group full-time (more than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Generous vacation, personal and sick leave benefits. Committed to charitable causes.

    Cons

    Position changes are primarily lateral. Well educated, tenured employees are non-exempt to exclude from bonus pool. Poorly prepared individuals given management positions.

    Advice to Management

    Laugh (or at least smile) more. It's just a job.

  2. Helpful (1)

    Freedom within boundaries, except that the boundaries are quite small.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Houston, TX
    Current Employee - Senior Manager in Houston, TX

    I have been working at Macquarie Group full-time (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Higher than average salaries, opportunities for career growth

    Cons

    Bonuses are mostly not based on individual performance. Too much bureaucracy for a medium-sized company.

  3. Long time employee that has had a good career experience

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

    I have been working at Macquarie Group (more than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Focus on career development
    Diverse opportunities

    Cons

    Highly political environment
    Lack of transparency wi senior management

    Advice to Management

    Transparency and honesty to employees

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  5. dont trust

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Macquarie Group

    Pros

    friendly environment, nice people to work with

    Cons

    no trust, they dont keep the word in extending the contracts

    Advice to Management

    keep the word

  6. OK - Unique culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Representative
    Former Employee - Client Service Representative

    I worked at Macquarie Group

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great brand. Very determined management team

    Cons

    Classic Investment Banking culture - even if other divisions.

  7. Helpful (3)

    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

  8. 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)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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 Management

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

  9. Mediocre place

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

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

    Pros

    Good people to work with and nice office environment

    Cons

    Deals are not that as high profile

  10. 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)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    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 Management

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

  11. Helpful (4)

    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)

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

    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 Management

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

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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