Macquarie Group Reviews in Sydney

Updated August 22, 2014
Updated August 22, 2014
281 Reviews

3.0
281 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
118 Ratings

Review Highlights

Pros
  • Also, work environment is great - smart peers and work-life balance is definitely apparent (in 25 reviews)

  • Great people, comfortable work environment, you really feel like you work for a top notch company here (in 25 reviews)


Cons
  • You may get some work-life balance in some offices but not generally not in Asia (in 21 reviews)

  • Long hours - forget about having a family life; (in 18 reviews)

More Highlights

65 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place smart people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Assistant  in  Sydney (Australia)
    Current Employee - Executive Assistant in Sydney (Australia)

    I have been working at Macquarie Group for more than a year

    Pros

    Fast, innovative, smart and driven people. A lot of energy and a great building to work in. Activity based working which is great for mingling or great for the days when you need to be focussed and in a quiet environment.

    Cons

    Individual behaviour rewarded rather than team player. Banking type personalities are a little different but once you know how it all works. It's fine.

    Advice to ManagementAdvice

    The managers I've crossed paths with in the bank have all been fantastic, smart, knowledgeable. Some can be tough but very fair. Most as you would hope for are people focussed, friendly and very driven!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    If your not a suck up or AD and above, chances are you will hate it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Assistant  in  Sydney (Australia)
    Current Employee - Executive Assistant in Sydney (Australia)

    I have been working at Macquarie Group full-time for less than a year

    Pros

    - A few nice employees to work alongside
    - Knowledge gained with the variety of processes in bettering the business is great
    - The name/brand Macquarie has created for itself; gives others a good impression for working here

    Cons

    - consultants, senior consultants, AD's, DD's ED's -they all think they are important, so be prepared to work over your means!
    - If you are not liked by the right people your hard efforts will not count, they will just let you go..
    - Expected to work long hours, but don't expect to be rewarded.
    - A lot of double handling, some processes and systems used are ridiculous
    - Expect to do silly requests and have large amount of work offloaded
    - No mentorship, no guidance when you initially start employment, very minimal training & be prepared to be snapped at if you as a question during your first months at Macquarie.
    - High Ego's and arrogant people, a lot of people earning good money walk with their nose up in the air.

    Advice to ManagementAdvice

    - Don't rate your staff,
    - focus on the little things as well as the big,
    - do not compare depending on their hierarchy; just like how you believe you have a place in this company and play a part in your role, others below you such as assistants also contibute and feel the same way
    - Get to know your new employees and make them feel welcome
    - understand that assistants too want to excel and joined the company for a reason other than work hard in managing your diaries.

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

    Macquarie IT in Sydney

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Credit Analyst  in  Sydney (Australia)
    Current Employee - Senior Credit Analyst in Sydney (Australia)

    I have been working at Macquarie Group as a contractor for less than a year

    Pros

    Good, hard working people
    Free Toast!
    Nice offices and locations

    Cons

    Very long hours.
    Lots of bureaucracy and politics. People are always pushed to do more even though they are already working harder than the majority of people in other organisations

    Advice to ManagementAdvice

    Make people work smarter, not longer. Reduce the excessive number of processes.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Wish I didn't join

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager  in  Sydney (Australia)
    Current Employee - Senior Manager in Sydney (Australia)

    I have been working at Macquarie Group full-time for more than a year

    Pros

    Decent pay and bonus, good offices, good technology, good work life balance (for those who don't pretend), good location, interesting work

    Cons

    Cut throat environment, extremely political, unless Associate Director and above, no real voice and ability to progress, small minded people and unless part of 'Management Team' no real opportunities, people with no management or even decent work skills get promoted if they suck up to the right people

    Advice to ManagementAdvice

    The whole performance management within Compliance is a joke!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to temp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant  in  Sydney (Australia)
    Former Employee - Executive Assistant in Sydney (Australia)

    I worked at Macquarie Group as a contractor for less than a year

    Pros

    Great people, comfortable work environment, you really feel like you work for a top notch company here. I worked here as a temp EA for 6 months and would have gladly stayed on longer.

    Cons

    My department seemed pretty siloed amongst divisions. I wasn't around long enough to notice any major issues.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Everyone here is in denial about their work/life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  Sydney (Australia)
    Former Employee - Analyst in Sydney (Australia)

    I worked at Macquarie Group full-time for less than a year

    Pros

    Well known brand, looks great on your CV.
    You will probably fall in love with your next job, anywhere else

    Cons

    Everyone here is in denial about work/life balance.
    One week I pulled 86hours in office which was dead last in my team.
    Hey, if work is your life go nuts

    Advice to ManagementAdvice

    Next time one of your analysts gets the job done in half the time and leaves at 7pm, promote him.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Aggressive environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Sydney (Australia)
    Current Employee - Anonymous Employee in Sydney (Australia)

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

    Pros

    Great company to work for if you are aggressive and are motivated to succeed by all means. Rewards can be generous.

    Cons

    Macquarie management can be closed in and protective of territories. Promotion based on revenue generation and how well your manager likes you. If you don't fit in, you will be shipped out. Many are arrogant and it's a very aggressive environment.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 4 people found this helpful  

    Middle of the road

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Sydney (Australia)
    Current Employee - Business Analyst in Sydney (Australia)

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

    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 ManagementAdvice

    Pay market rates and respect your internal promotions

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Solution Designer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Solution Designer  in  Sydney (Australia)
    Current Employee - Solution Designer in Sydney (Australia)

    I have been working at Macquarie Group full-time

    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 ManagementAdvice

    - 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.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Analyst  in  Sydney (Australia)
    Current Employee - Credit Analyst in Sydney (Australia)

    I have been working at Macquarie Group full-time for less than a year

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Not everyone is prepared to live at work. Need to implement work life balance strategy.

    Recommends
    Positive Outlook
    Approves of CEO

Worked for Macquarie Group? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.