Macquarie Group Reviews

Updated April 13, 2015
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3.0
56 Reviews
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
33 Ratings

56 Employee Reviews

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  1. A decent place to work, overall

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Generous vacation, personal and sick leave benefits. Committed to charitable causes.

    Cons

    Position changes are primarily lateral. Well educated, tenured employees are non-exempt to exclude from bonus pool. Poorly prepared individuals given management positions.

    Advice to Management

    Laugh (or at least smile) more. It's just a job.

  2. Long time employee that has had a good career experience

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Focus on career development
    Diverse opportunities

    Cons

    Highly political environment
    Lack of transparency wi senior management

    Advice to Management

    Transparency and honesty to employees

  3. analyst

    • 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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    always plenty of opportunities to backfill fired employees

    Cons

    no commitment to employee over med/long term

    Advice to Management

    you are not in Aus anymore

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  5. Glad I accepted the opportunity

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

    I have been working at Macquarie Group

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Competitive salaries, talented people an overall good experience I am glad I accepted the opportunity to work at Macquarie

    Cons

    All companies have their issues, in some ways it's like a company that has grown too fast.

  6. Helpful (3)

    Recent High Profile Hires

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

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

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

    Pros

    Great firm to work at.

    Cons

    Senior management has not done proper due diligence on hires of some of the newer employees. One in particular seems to have issues.

    Advice to Management

    Before exposing your current employees with the bad habits of new hires please check them out - already there is talk within research dept.

  7. Technology cuts across the board

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The company has a great set of people working for it. You can make real and lasting friendships outside of the work environment.
    Macquarie also has a very rigorous hiring practice and they bring on board some of the brightest people in the market. They also pay top dollar to attract individuals.

    Cons

    The extreme level of cuts across the support groups has really hurt the company morale. There have been multiple layoffs in the past three years and there seems to be no way of telling when they will stop. This leaves all of the current employees feeling very insecure.
    The pay starts out very well but promotions are very hard to come by, specially in the regions outside of the Australia.
    The folks in the firm are playing political games to maneuver themselves for a promotion making for a very stressful work environment.

    Advice to Management

    Promotion tracks should be clearer and the culture needs to return to its roots.

  8. Good pay, difficult environment

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

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

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

    Pros

    Salary and benefits are great.' I'm in IBD. Most people are surprisingly nice and helpful. I've only disliked two people in 4 years.

    Cons

    Non-responsive back office functions. Working printers are few are far between, for example, and no one seems to care. Another example is that AP rarely pays bills on time, causing more work for staff. Bonuses are terrible. .

  9. Helpful (1)

    Great for the 1%, otherwise low pay for okay hours

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

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

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

    Pros

    * Even with face time, hours are better than typical banking experience (but that is double edge sword cause less deal experience)
    * Junior level exposure means as bullpen member, you will have responsibilities from analyst to VP, notwithstanding your title

    Cons

    * Years of poor pay and bad reputation = difficulties hiring talent. Good junior level support is difficult to come by and entire analyst classes have left before (more typical) 2 years commitment. As associate, you are really acting analyst plus more responsibility
    * In or out group. Pay goes to the top 10%, few get well below market, and large majority have been zeroed. this INCLUDES junior stay, who really have no ability to direct how business is doing.
    * Low moral plus bad pay has caused entire teams to leave at once

    Advice to Management

    Pay junior people street

  10. Smart people, used to be much better, going through changes

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

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

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    The people when I joined were really smart and friendly; the bank had some goldern years where they attracted top talent. Pay was decent, not amazing. During the growth period everyone was very motivated

    Cons

    After 6 years of not getting bonuses like everyone used to people have become very miserable. The smartest people left and the others in charge now see to not be making the best decisions...not awful decisions. But the innovation levels have dropped. The staff there are not as happy as it used to be

    Advice to Management

    Value your key people...the turnover of great staff has caused the morale of people left to be lower..this needs to be fixed

  11. Helpful (1)

    Not a good place for career growth

    • 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

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

    Pros

    Relaxed culture compared to many Wall Street banks
    Nice kitchen and office facilities
    Hours are much better than many firms
    4+ weeks of allocated vacation a year

    Cons

    Generally, the firm is often dysfunctional and does little to improve the issues that it has faced over the years, including:

    Lack of dealflow - there are very few senior bankers with strong client relationships
    Poor leadership and senior management that is near-sighted and does not do enough to retain talent
    Compensation, while slightly improving, is still considerably lower than where it should be
    Junior resources - generally much less talented than peer firms
    High turnover - due to the aforementioned issues

    Overall, not a good firm for career growth or opportunities for development

    Advice to Management

    Exercise better leadership and properly address the many operational issues within the investment bank

Macquarie Group Photos

beautiful pantry at the consolidated office location on W55 St
View of Victoria Harbor from the IFC office

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