Macquarie Group

  www.macquarie.com
  www.macquarie.com

Macquarie Group Reviews

Updated October 19, 2014
Updated October 19, 2014
303 Reviews
3.0
303 Reviews
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
126 Ratings

Review Highlights

Pros
  • Also, work environment is great - smart peers and work-life balance is definitely apparent (in 26 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 26 reviews)

  • Long hours 10 hours a day and no overtime its part of your overall package (in 25 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person 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.  

    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
  3.  

    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

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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
  6.  

    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
  7.  

    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

  8.  

    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!!

  9.  

    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)

    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 ManagementAdvice

    Pay junior people street

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  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)

    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 ManagementAdvice

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

    Recommends
    Negative Outlook
    Disapproves of CEO
  11.  

    IT

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

    I worked at Macquarie Group

    Pros

    An excellent atmosphere to work in. Great pay and good treatment.

    Cons

    The job can be very demanding.

    Recommends
    No opinion of CEO

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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