Macquarie Group
3.1 of 5 262 reviews
www.macquarie.com Sydney, Australia 5000+ Employees

Macquarie Group Reviews in Australia

Updated Jun 29, 2014
All Employees Current Employees Only

3.2 76 reviews

                             

74% Approve of the CEO

Macquarie Group Managing Director and CEO Nicholas W. Moore

Nicholas W. Moore

(34 ratings)

55% of employees recommend this company to a friend
76 Employee Reviews Back to all reviews
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    You get worked hard but feel rewarded

    Anonymous Employee (Current Employee)

    ProsBusiness is on the up-turn and remuneration is increasing. You will feel more rewarded for your achievements but will have to work really hard to stand out.

    ConsSiloed teams, many people i speak to have a different experience

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    Good company

    Anonymous Employee (Former Employee)

    ProsGood compensation and benefits as expected from investment bank

    ConsFacing a challenging period post GFC

    Yes, I would recommend this company to a friend

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    Great people, terrible decisions

    Anonymous Employee (Current Employee)

    ProsA lot of smart, motivated people. Interesting projects and undergoing a massive transformation.

    ConsDecision making process is very driven by egos and personalities. There is no process or logic behind decisions, except this guy wants it that way.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Avoid MOD if you can help it

    Anonymous Employee (Former Employee)

    Prosconvenient location
    good work-life balance
    some nice people
    professionalism is generally of a high standard

    Consequally some miserable people with cobwebs growing on their heads.
    ridiculous hierarchical structure with 5 employee levels in a team of 12
    it's an assembly line of workers across the entire floor, packed in with zero privacy.
    don't believe the job descriptions, the functions are so segregated it's not worth doing.
    it's all going offshore anyway so make exit plans.

    Advice to Senior ManagementBe engaged with every one of your people.

    For the top 2 EDs, perhaps a trivia of '10 things I didn't know about you' would be helpful, since I believe not a single person within your business group knows a thing about you.

    No, I would not recommend this company to a friend

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    Fantastic people to work with

    Anonymous Employee (Current Employee)

    ProsGet to work with very talented people in the market. Very good for career progression

    ConsCompetitative environment which could be bit hardto handle for some people

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    2 people found this helpful  

    Middle of the road

    Business Analyst (Current Employee)
    Sydney (Australia)

    Pros- Good attitude from most people there
    - Cool work environment, for a bank
    - Frequent social functions - monthly drinks, etc

    Cons- Poor remuneration for employees. While you may get hired at market rate, the annual salary review does not nearly keep up with market rates nor does it account nearly well enough for promotions. You would have to quit and get re-hired to get that. Or jump ship, as many people do, once they have the experience.

    Advice to Senior ManagementPay market rates and respect your internal promotions

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Solution Designer

    Solution Designer (Current Employee)
    Sydney (Australia)

    Pros- strong presence in Australia
    - growing in international space
    - plenty of new projects and opportunities

    Cons- legacy applications still used for FX and Risk divisions
    - slow to adapt to newer tools
    - architecture board bureaucracy on technology usage

    Advice to Senior Management- Architecture board members have old school thinking and not talented enough to propose bright ideas to compete with other Investment banks.
    - need to provide training to improve staff who have been working at company for over 5 years.

    Yes, I would recommend this company to a friend

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    Overall good for career focused person. Lots of opportunities to prove yourself and progress.

    Credit Analyst (Current Employee)
    Sydney (Australia)

    ProsLots of career motivated work colleagues. Your voice will be heard. There are opportunities for career progression. Wage is competitive,

    ConsThere is no work life balance. Unpaid Overtime is expected. Difficult to get a rem review once you are in,

    Advice to Senior ManagementNot everyone is prepared to live at work. Need to implement work life balance strategy.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Good job, great company

    Business Analyst (Current Employee)
    Sydney (Australia)

    ProsFlat organization, friendly, pay was good

    ConsDrive was a bit far

    Advice to Senior ManagementHire a younger workforce

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Executive

    Executive (Current Employee)
    Sydney (Australia)

    ProsGood culture; fast-paced and dynamic environment; flat matrix style where everyone is relatively approachable (a grad can reach out to a director and be taken seriously); surrounded by people who are the best at what they do

    ConsHigh achieving culture, so sometimes difficult to stand out; need to have a thick skin and be quite resilient

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Macquarie Group reviews and ratings in Australia — including employee satisfaction and approval rating for Macquarie Group CEO Nicholas W. Moore. All 76 reviews posted anonymously by Macquarie Group employees.