Macquarie Group Reviews

Updated July 3, 2015
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
148 Ratings

Pros
  • You can getaway with great work/life balance (in 29 reviews)

  • Cool work environment, for a bank (in 27 reviews)

Cons
  • It takes effort to make the work-life balance work for you (in 30 reviews)

  • Also the culture expects fairly long hours which impacts work / life balance (in 27 reviews)

More Pros and Cons

379 Employee Reviews

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  1. Overall review

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Small company, flat structure, quick to get things done, innovative, creative, entrepreneurial

    Cons

    High turnover, constant change in direction, no transparency in communication to staff

    Advice to Management

    Stability is important


  2. Global presence with plentiful opportunity

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

    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

    Good benefits, 22 days vacation, good choice of free kitchen supplies
    Global mobility
    Talented staff
    Strong risk management culture

    Cons

    Technology is >5 years outdated
    Large egos can be hard to stomach

    Advice to Management

    Provide stronger level of top down direction rather than letting bottom up rule. Latter leads to an incoherent and inefficient organization.


  3. Great salary, terrible company.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Director in Phila, PA
    Current Employee - Associate Director in Phila, PA

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

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

    Pros

    Snacks, sodas, off-shore folks. Good salary to make up for the crappy work environment - it's all about kissing butt and parrotting the company line - but no real belief in it.

    Cons

    Everything you could think off. People go through the motions, but no one cares. Something is broken, but it is not fixed as long as people follow the company line. Mostly incompetent folks in upper management and the real workers get beat down. No opportunities for foreigners to make it past AD, save a few exceptions. Lip-service to diversity, advancement. Local leads completely beholden to Australian decisions; no local autonomy.

    Advice to Management

    Stop with the cheerleading and listen to account folks, and people that can actually do their jobs. Upper management will tell you what you want to hear - the folks that know will just leave as soon as they can. You will be left with low performers and folks that cannot readily get a job. Flavour of the month is not the best. Mandatory meetings do not mean people buy in into the culture. Anonymise polls, and get rid of low performers.


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


  5. So-so place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Engineer in Houston, TX
    Former Employee - Lead Engineer in Houston, TX

    I worked at Macquarie Group (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    work very fast, you can learn a lot business knowledges and tech skills if you want to learn, free beer on Fridays

    Cons

    management very arrogant, do not care about employee and career future, super micromanagement culture

    Advice to Management

    try to respect employee more


  6. Helpful (1)

    Not a good culture

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Macquarie Group

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

    Pros

    growing company, might be more pros in sydney. If you suck up to management might get a chance to travel or work from other locations

    Cons

    Very hierarchical colonial mindset culture, typical of the Sydney area. Not a good fit for someone who liked the US work culture. Not at all a people oriented company, they treat their staff like servants that are not expected to give any feedback or have any needs. Very incapable directors in most areas and training is not encouraged. Worst experience of my professional career. No flexibility, constant late night sydney calls as the staff there do not adjust to timings in the region.


  7. executive assistant

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

    I have been working at Macquarie Group full-time

    Pros

    In office comforts... coffee, space. Kitchen. Polite staff

    Cons

    Serious lack of room to grow


  8. Administration

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

    I worked at Macquarie Group full-time

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

    Pros

    Good culture and opportunities for advancement. Good benefits and time off policies.

    Cons

    Open work spaces can be distracting. Lots of hours - little life/work balance.

    Advice to Management

    Value staff more.


  9. Sales

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

    I worked at Macquarie Group

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

    Pros

    Great people, friendly environment, decent benefit, good after work events

    Cons

    low pay, little mobility,


  10. manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Macquarie Group

    Pros

    Smart , driven and talented people, good bonus

    Cons

    Culture has changed compare to 4 years ago, harsh culture


  11. IT Infra

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 8 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Was once probably one of the best Investment Banks to work for, flexible environment, great staff, good leadership, fast and furious projects, good work environment, however it is no longer like that. Now run by bean counters out of Sydney who have no interest in US based staff careers.

    Cons

    Many now that all control has reverted to Australia. There is no support for US based staff. They no longer allow staff to work from home, even when needed. Also be prepared for layoffs every six months, they have been happening for about 5 years now and no one is safe, even senior people.

    Advice to Management

    Realize that new technologies generally come from the US, not Australia and take advantage of it by hiring and supporting good US based staff. Also support a more flexible work environment



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