Macquarie Group

  www.macquarie.com
  www.macquarie.com

Macquarie Group Reviews

Updated November 24, 2014
Updated November 24, 2014
322 Reviews
2.8
322 Reviews
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
131 Ratings

Review Highlights

Pros
  • Good people and culture and its up to you to make work-life balance for you (in 29 reviews)

  • Open work environment, easy access to executives, open to constructive feedback (in 27 reviews)


Cons
  • You may get some work-life balance in some offices but not generally not in Asia (in 30 reviews)

  • Long hours 10 hours a day and no overtime its part of your overall package (in 27 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    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)

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good for Aussies, less so for others

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Relatively humane for a bank.
    Somewhat better base, and overall pay is on par.
    Free fruits and breakfast cereal.

    Cons

    Better pay, promotion, and opportunities often go to Aussies and Kiwis first, then to others.
    This leads to managers that vary greatly in knowledge, maturity, and demeanor.
    Transactions tend to be those that larger firms drop, so there are often lots of last minute catch-up work.
    No offices or cubicles here; everyone sits on rows of trading-style desks next to everyone else.
    Smaller firm with modest name value, so it's more difficult to move if you find that it's not so great here.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Entrepreneurial Bank - Technology Org Review

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

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

    Pros

    Australia’s largest investment bank employs roughly 1,400 people in 28 countries with ~$US400 billion of assets under management. Macquarie's management approach fosters an entrepreneurial culture, with a robust risk management practice - “Freedom within Boundaries”.
    Work with Innovative businesses
    Smart people
    Good Brand

    Cons

    Tactical thinking within the support organizations and have difficulty executing longer term strategy
    Aging infrastructure and technology skills

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Australian-centric, clueless how to operate or succeed in the US market.

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

    I worked at Macquarie Group

    Pros

    it is a growth oriented bank that has smart leadership and opportunities to meet talented global colleagues

    Cons

    Below market compensation;
    Lack of foresight in staffing;
    Lack of investment in new technologies;
    A clique Australian culture that is distrusting of americans

    Advice to ManagementAdvice

    Recruit legitimate US based talent instead of exporting Aussie expats who don't remotely understand US culture or business.

    Doesn't Recommend
    Negative Outlook
  6.  

    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)

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Develops talent, easy to move on

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

    I worked at Macquarie Group as an intern

    Pros

    Open-floor plan makes it very comfortable to approach all levels of coworkers. Encourages input from all levels. Senior leadership and HR highly interest in developing and training junior people. Great stepping-stone to larger banks.

    Cons

    It's a mid-size bank, so may not enhance resume as much as more notable banks. Work-life balance can get overwhelming, as with all investment banking roles.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Mediocre place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Summer Analyst
    Former Employee - Investment Banking Summer Analyst

    I worked at Macquarie Group as an intern (less than an year)

    Pros

    Good people to work with and nice office environment

    Cons

    Deals are not that as high profile

  9.  

    Asks more questions before taking the job!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Macquarie Group

    Pros

    - Free Fruit and Toast
    - implementation of rotating roster for work.

    Cons

    - No Training/Induction in place for a new starter
    - People aren't as friendly as it seems, as everyone is too busy doing there own thing then help you. Especially if you're new.
    - Long hours 10 hours a day and no overtime its part of your overall package. (now implementing flexible hours for the role).
    - team morale is extremely low due to mass exodus of senior team members moving onto new roles outside of the company.
    - no guidance
    - role applied for extremely different to the actual work undertaken.

    Advice to ManagementAdvice

    Be more organised, have an induction plan in place for new starters!!

  10.  

    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)

    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. .

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Poor leadership

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Macquarie Group

    Pros

    money, money, money, money, money

    Cons

    bad management, bad management, bad management

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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