Macquarie Group

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270 Employee Reviews (View Most Recent)

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1 person found this helpful  

Flexibility and opportunity still exists, but significantly changed since pre-GFC

MOT (Current Employee) Sydney (Australia)

Pros- Mostly merit-based, ability to take ownership and influence direction
- Opportunities to advance and change roles still exist.
- Get exposure to a wide range of technology
- Flexibility in work hours
- 24x7 resource centres in Manila/Gurgaon (for MOT/ITG) now handle most support work, so less oncall/weekend work than there has been in the past.
- Although a number of people have left, there is still a number of great people across MOT/ITG in the regions.

Cons- Continued focus on low-cost resource centres (Manila/Gurgaon) and outsourcing within MOT/ITG, has led to a number of redundancies in Sydney and the other regions, affecting general morale.
- Continued cost-saving focus has mostly put a stop to the pre-GFC "work hard, party hard" culture.
- Loss of efficiency and inability to get things done because of loss of skilled staff.
- Freezes on pay-rises in recent years has affected overall remuneration.

Advice to Senior ManagementThere seems to be quite a disconnect between MOT/ITG management and the actual people doing the work. Need to get back to basics and recognise that the resource centre strategy combined with outsourcing will lead to significant loss of quality and efficiency - impacting MOT/ITG's ability to react to business needs in the future.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Held onto my job despite tough times but IBD is no longer as attractive as it was previously.

    Associate (Current Employee) Sydney (Australia)

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


    Pros: - Good culture and nice people - Good promotional prospects Cons: - Ignorant people view it as second tier - but… Advice to Senior Management: Lost its appetite to do defining transactions No, I would not recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to start career but sucks pretty quickly

    Analyst Programmer (Former Employee) Sydney (Australia)

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


    Pros: - flexible working arrangements, can work from home - some people… Cons: - long hours - out dated technologies - senior management is reactive, poor short term decisions… Advice to Senior Management: - younger IT staff should be promoted upwards more quickly to bring new ideas - some senior management who've stayed at teh company for too long… No, I would not recommend this company to a friend More
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