Macquarie Group - Very Sydney-centric culture, not global or forward thinking despite the tagline. | Glassdoor
There are newer employer reviews for Macquarie Group
There are newer employer reviews for Macquarie Group

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Helpful (1)

"Very Sydney-centric culture, not global or forward thinking despite the tagline."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Manager in New York, NY
Current Employee - Senior Manager in New York, NY
Doesn't Recommend
Positive Outlook
No opinion of CEO

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

Pros

Very smart people with strong work ethic.

Cons

Too much outsourcing and very little autonomy given to the regions. One-size fits all approach across the regions, which doesn't work for a global firm. When someone leaves, rather than replace them, they make the rest of the team do more with less. No raises for years and nominal bonuses. WAY behind on technology.

Advice to Management

Staff up and take a more global view. One size does not fit all. Allow the regions to operate in a manner that makes sense for their region and make decisions without everything having to be approved by Sydney. Improve technology.

Other Employee Reviews for Macquarie Group

  1. Helpful (5)

    "Executive Assistant for 2 Managing Directors and 6 other direct reports. Organize meetings, client dinners, and travel."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Executive Assistant in New York, NY
    Current Employee - Senior Executive Assistant in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Salary is competitive but on a low scale. The executives I support are appreciative and down to earth.

    Cons

    Growth potential for Executive Assistant's isn't a priority. Technology needs to be more of a priority,

    Advice to Management

    I would advise them to value the Executive Assistants who go above and beyond in their reviews either monetarily or providing them with skill building classes.


  2. Helpful (5)

    "Striving for profit completely overshadows the human aspect of the company culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Generalist in New York, NY
    Former Employee - Human Resources Generalist in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Macquarie Group full-time (More than a year)

    Pros

    It's really impressive to see a company run like a well-oiled machine. The company strives for profit and excellence in every area it does business in and brings out the best in the employees. You feel special and privileged to be selected to work there.

    The majority of people are really smart, hardworking, dedicated and interesting. There is a big emphasis on the team work while being accountable for your own assignment. You are not micromanaged and have a great deal of autonomy and decision making ability when working your projects. The management believes that if you are there, you are competent enough to get the job done.

    Cons

    The human aspect of the company's culture is lost as the company strives for profit. Under-compensated hard work and loyalty are not going to get you anywhere - the company's philosophy is that everyone is replaceable and disposable. Regardless of your past contribution, efforts and/or potential, if you no longer fit into the big picture of profitability, you are disposed of.

    The atmosphere can get very political (like in many other places, probably). If you are not liked by the right people, no matter what your productivity level is, you are not going to get far.

    Advice to Management

    Reward high performers based on the actual performance, not the office politics. Acknowledge individual contributions and make your employees feel like they are actually valued and are a part of the success. Acknowledge the importance of support functions such as HR, Finance, etc - they make it possible for everyone to run the business as smoothly as it currently is.

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

See Most Recent

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