There are newer employer reviews for Macquarie Group
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Helpful (2)

Rewarding experience

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Manager in Sydney (Australia)
Current Employee - Manager in Sydney (Australia)

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

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

Pros

Work with alot of very intelligent staff in Sydney.
Fast changing environment.
Excellent facilities for those that cycle/ run to work.
Good work/life balance.

Cons

Regular management changes.
Offshore staff lack training and leadership to suceed.

Advice to Management

Lots of knowledge has been lost moving work offshore. Better leadership needed amoung support teams in offshore regions. E.g moving someone from Sydney over to lead a team to ensure quality of service.

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  1. Regular redundancies makes for a depressing working environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - ITG Professional
    Former Employee - ITG Professional

    I worked at Macquarie Group full-time (More than a year)

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

    Pros

    - A few talented/normal people left
    - Nice, modern, well located offices
    - Activity based working in some departments (hotdesking, dockable wireless laptops)
    - Very flexible working arrangements - ability to work from home (dependent on manager)
    - Good place to start your career/learn the ropes (but they don't seem to be hiring many graduates anymore)
    - Good social culture (monthly drinks, team events, graduate/intern events, etc.)
    - Above average salary for graduates
    - Good work life balance (generally)

    Cons

    - Ingrained culture of arrogance and brainwashing - e.g. grads think they're god's gift, and are given the title of "Senior Associate" upon joining!!
    - Still using the GFC as an excuse for poor bonuses/pay rises
    - Living in constant fear of redundancy makes for a depressing working environment
    - Talented people being made redundant rather than getting promoted. Being replaced by resources in Manila/India who do everything very rigidly. Takes forever to get the simplest things done because of all the red tape.

    Advice to Management

    More consistent management is needed - when one person can work from home and another in the same role can't, it doesn't make a lot of sense. Also if you keep talented people doing the same repetitive job and offer them no career progression they're going to leave.

  2. Learning

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Senior Tm1 Developer in Sydney (Australia)
    Current Contractor - Senior Tm1 Developer in Sydney (Australia)

    I have been working at Macquarie Group as a contractor (More than 3 years)

    No opinion of CEO
    No opinion of CEO

    Pros

    Best people to work with

    Cons

    doesn't have enough staff benefits

There are newer employer reviews for Macquarie Group
There are newer employer reviews for Macquarie Group

See Most Recent

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