There are newer employer reviews for Macquarie Group

2 people found this helpful

Horrible

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

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

Pros

Great place for incompetent employees to hide in the machinery. Professional slugs can disappear into a vacuum, where management tries to measure performance by TPS reports, rather than actually knowing the capabilities of their employees.
Good place to start, if you can get by the suspicious HR/testing process for interviewing. Good candidates are often sent away.

Cons

Management consists of cut-throat Australian employees looking to make a name for themselves. U.S. employees are considered second-rate. Management fads are ten years behind the times. Use of technology is ten years behind the times. Employees are distrusted and replaceable. Processes matter, people do not.
Would not recommend to my worst enemy.
Politics are very thick, but mostly behind the scenes.
Management not able to distinguish advanced accomplishment from bench-warming.
Very frustrating environment. Employee opinions not valued.
Looking for new employment...

Advice to ManagementAdvice

Realize than individual contributions DO matter. Find a way to see the individual. Hint: it's not from fifty thousand feet up through time sheet reports.

Doesn't Recommend
Neutral Outlook
No opinion of CEO
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  1. 5 people found this helpful

    Poorly run investment bank-wannabe

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

    I have been working at Macquarie Group full-time

    Pros

    Well stocked kitchen and pantry. Free breakfast cereals/milk.

    Cons

    Very Australian centric business. Expat Aussies make all important decisions, and Americans are thoroughly distrusted. Management tries to cut costs constantly, nickel and diming at every opportunity. Bonuses have been cut drastically, and morale is terrible. The company is pretty ruthless in how it treats its employees, and managers have the ability to fire people at will for no cause.

    Advice to ManagementAdvice

    Clean out expat Aussie management, and hire locals - they understand American work culture a lot better.

    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

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