Macquarie Group

  www.macquarie.com
  www.macquarie.com
There are newer employer reviews for Macquarie Group

1 person found this helpful  

Constant changes which seem for the worse!

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

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

Pros

Large corporation with large corporate benefits...vacation, medical, dental, 401K, etc... however, their matching contributions are less than other companies I have worked for. They display "some" loyalty to employees with generous severence, but overall objective is to make more and more at all costs!

Cons

Can conduct themselves a bit ruthlessly. Extreme restrictions and monitoring of all electronic communication. Does not maintain current software/hardware levels for business transactions. Again, "continually" updating benefit and compensation structure.

Advice to ManagementAdvice

Stop setting unrealistic objectives. Level off as a mature company with consistent, growth and maturation in business entities.

Recommends
Neutral Outlook
No opinion of CEO

329 Other Employee Reviews for Macquarie Group (View Most Recent)

Sort: Rating Date
  1. 6 people found this helpful  

    If you're smart, you won't stay long

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

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

    Pros

    - high turnover and thin staffing means many opportunities for advancement, taking on additional responsibilities
    - smart, hard-working colleagues
    - open-door policy (for some management)
    - regular communication from upper-level management

    Cons

    - extensive interview process (and disorganised HR), tends to alienate potentially strong candidates
    - compensation/bonuses don't reflect the long hours, dedication and hard work that's expected
    - outdated technology/systems, and little (if any) investment planned in this area
    - too much politics and bureaucracy (more than most comparable firms on the Street)
    - no loyalty or appreciation...yesterday doesn't matter, it's always "what have you done for me today?"
    - stress, stress, and more stress (did I mention stress?) - zero work/life balance
    - extremely low team morale
    - ineffective management (they tend to promote strong team players, rather than those with the actual skillset to be successful managers)
    - Sydney management doesn't get the US business model, or how to succeed in the US market, which makes for a very confused, disorganised corporate culture in NY (torn between Aussie and US standards)

    Advice to ManagementAdvice

    Adapt from the Aussie business model if you want the US business to succeed. Hire locals who know how to get things done, rather than bringing in staff from Sydney. Give local management more authority/autonomy and trust the local staff you hire. Streamline the interview process and pay in line with the rest of the Street.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 3 people found this helpful  

    A lot of potential, but hard to get anything done!.

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

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

    Pros

    Strong background and history. Strong balance sheet.

    Cons

    Very laid back and burocratic. Not prone to take up big initiatives.

    Advice to ManagementAdvice

    Need to be proactive and agile. Its a great place with lot of potential but a lot of time and resources are being wasted with not much getting done.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Macquarie Group

Work at Macquarie Group? Share Your Experiences

Macquarie Group

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.