Macquarie Group - Great place to start your career | Glassdoor
There are newer employer reviews for Macquarie Group
There are newer employer reviews for Macquarie Group

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"Great place to start your career"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in Sydney (Australia)
Current Employee - Manager in Sydney (Australia)
Recommends
Negative Outlook
Approves of CEO

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

Pros

Graduate salaries are month the highest in the industry. There is a very fun culture and most employees are very social

Cons

Due to the current economic times, the cutbacks are very demoralising for staff and spending on perks and bonuses is almost non existent - very different from previous years

Advice to Management

Due to the large size of the company, the workload was often not spread evenly across all employees of the team. You would often find that some people in the team would need to stay late to finish their work while others had very little to do. Within weeks this would be reversed.

Other Employee Reviews for Macquarie Group

  1. Helpful (1)

    "Jaded"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - MOT Group in Hong Kong (Hong Kong)
    Current Employee - MOT Group in Hong Kong (Hong Kong)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Smart people dotted around the place
    Flexible working environment
    Reasonably easy to change teams within division

    Cons

    A lot of smart people have moved onto greener grass
    A lot of mediocre people now taking control and have implemented alot of new red tape processes
    Excessive focus on red tape, more documentation than doing the actual work which is very frustrating
    Constant restructure, multiple managers in the past year
    Too many office moves, offices/rooms getting build up and knocked down in space of few months
    Excessive off shoring of supporting services to Manilla and Gurgaon
    Lack of training for those above, in fact lack of training in many areas. Main focus seems to be learn as you go along with little people guiding you.
    Ancient technology originating from 10+ years ago
    A lot of manual work required on critical IT processes, big operational risk and no vision in getting it changed in the short term because many areas of the company were built around these
    Drip feed style retrenchment, people getting laid off every week for a long period of time – totally killed morale and productivity

    Advice to Management

    Give us more direction, value your staff and bring back the good people who built this place. Streamline the processes and focus on improving the broken areas instead of the piles of paper work. Make compensation competitive against market levels.


  2. Helpful (4)

    "At Macquarie there are a lot of great, bright people but if you get stuck under the wrong management, it is awful!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resource Manager in Sydney (Australia)
    Former Employee - Human Resource Manager in Sydney (Australia)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Working with great people that are bright and driven. No two days are the same, opportunity to work on variety of projects and in a variety of locations.

    Cons

    Some really unethical management with 'throw you under the bus' type of management. Lack of direction and vision coming from the top.

    Advice to Management

    Take action when you know there is highly unethical management leading teams.

There are newer employer reviews for Macquarie Group
There are newer employer reviews for Macquarie Group

See Most Recent

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