Macquarie Group Reviews
Updated Mar 27, 2023
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Found 1,942 of over 3K reviews
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Top Review Highlights by Sentiment
- "Long hours and you figure everything out by yourself with talking to people when you are new to the role." (in 127 reviews)
- "Contractors/consultants as people managers have to struggle to find a positive way forward." (in 48 reviews)
Ratings by Demographics
This rating reflects the overall rating of Macquarie Group and is not affected by filters.
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- Current Employee★★★★★
Phenomenal place to work for young engineers.
Jan 31, 2023 - Junior Cloud Engineer in Philadelphia, PARecommendCEO ApprovalBusiness OutlookPros
Extremely devoted to employee professional development.
Cons
Recent increase in in-office days.
- Former Employee, more than 3 years★★★★★
Great Company
Mar 22, 2023 - Assistant Manager in Jacksonville, FLRecommendCEO ApprovalBusiness OutlookPros
Good benefits. Good pay. Opportunity to learn and grow
Cons
Long hours. No downtime at all
- Former Employee, more than 1 year★★★★★
Great workplace
Mar 23, 2023 - Payroll Analyst in Jacksonville, FLRecommendCEO ApprovalBusiness OutlookPros
Very focused on employee satisfaction
Cons
Annual salary could be better
- Former Employee, more than 3 years★★★★★
Don’t work at the Philly Office. Great firm otherwise
Mar 6, 2023 - Financial Analyst in Philadelphia, PARecommendCEO ApprovalBusiness OutlookPros
Great firm to work for, except the Philadelphia office has a toxic culture.
Cons
Bad culture at Philly office, other offices were great.
Thank you for leaving your review of Macquarie. We aim to ensure that the employee experience is positive for everyone and are committed to fostering an inclusive, supportive and collaborative environment where our employees feel they can grow and learn in their roles. We welcome an opportunity to discuss your feedback and encourage you to reach out to careers@macquarie.com so we can arrange a time to speak.
- Former Employee, less than 1 year★★★★★
Stay away from ops like the plague.
Jan 29, 2023 - Operations in New York, NYRecommendCEO ApprovalBusiness OutlookPros
Genuinely nice people but that’s about it.
Cons
Where to begin. The work/life balance they champion is a lie. As soon as I started, everyone began taking time off because they were so burnt out. You’ll be working 13/14 hour days minimum just to keep putting out the fires. They won’t say it anywhere, but expect weekends as well just to try to get ahead of the next days problems (this includes holidays like thanksgiving and Xmas… not kidding). Zero training, you’re expected to “step up” which is pretty hard to do when you’re never taught their systems. There’s a difference between “stepping up” and being experience enough to know that winging it is a really horrible idea. I watched inexperienced people get written up for things that could’ve been prevented if their manager actually trained correctly. (The entire team let me know this behind the managers back during the first week, which was a realllly bad sign.) They’ve got multiple serious compliance issues that are never addressed even when you bring it up with management, compliance and HR; I’m sure that’ll be in the news someday. Expect not to have access to systems for months and spend a ridiculous amount of time in orientation and company culture meetings instead of actually working. They’ll sell you on promises of new businesses that will never get started and string people along for months, if not years for jobs they’ll never get. The senior manager will come in after you and leave before you which sets a great example for everyone in the department. Every ops department on the street is always understaffed a bit but this is well beyond that and I think the managers think it’s normal to regularly operate with key man risk. In hindsight it’s actually kinda hard to write this stuff because the people are genuinely nice, including the managers. But objectively, it’s just run so poorly that you always feel you’re one minute away from a serious crisis.
Continue reading - Former Employee★★★★★
Pros
Nice people across multiple teams
Cons
Overworked hours, below average pay, management doesn't provide much support for improvement. Middle managers tend to micro-manage and be territorial.
Macquarie Group Response
Thank you for taking the time to provide us with this feedback. The wellbeing of our employees is our priority, and we want to make sure our people are supported in achieving a work-life balance. We strive to foster an inclusive environment where our managers have the training, resources, and skills they need to be effective in empowering and supporting their teams to deliver and grow in their roles. We welcome an opportunity to discuss your feedback and encourage you to reach out to careers@macquarie.com so we can arrange a time to speak.
- Former Employee, more than 3 years★★★★★
Pros
Nothing - they lie through their teeth to get you to join with empty promises. Don't believe this company and the people who work here. Pretty impressive how this bank makes headlines for all the wrong reasons - so much truth to the fact that the culture is abusive.
Cons
No work life balance The worst compensation I received Abusive managers, horrible HR/recruiting staff (acting supreme and entitled despite Macquarie not even being a top tier US bank) Lies, lies and more lies - only regret was staying here longer than I should have. A naive (and easily duped) colleague convinced me to but I ended up learning the hard way - never again.
Continue readingMacquarie Group Response
We are sorry to read your review of Macquarie. We strive to create a culture where our people feel supported, safe and fairly treated and have a zero-tolerance approach to breaches of our Appropriate Workplace Behavior policy. We would like to discuss your feedback and encourage you to reach out to our Equal Employment Opportunity team via eeooffice@macquarie.com so we can arrange a time to speak and understand more about your experience.
- Former Employee★★★★★
Great Experience
Jan 13, 2023 - Portfolio Management Analyst in Jacksonville, FLRecommendCEO ApprovalBusiness OutlookPros
Flexible and surrounded by smart people
Cons
I did not have any cons
- Current Employee, more than 1 year★★★★★
Excellent Culture, Benefits, Fast Growth
Nov 8, 2022 - Senior Software Engineer in Philadelphia, PARecommendCEO ApprovalBusiness OutlookPros
The culture of diversity, collaboration, and teamwork is phenomenal. You will be given a lot of opportunities to learn, work with others, and do a bunch of different types of engineering. Management is extremely personable and pushes a great holistic culture of self improvement and work life balance.
Cons
Some growing pains as new businesses are acquired and new opportunities are found.
- Current Employee, more than 3 years★★★★★
Good people; good support
Dec 19, 2022 - Fixed Income Research Analyst in Philadelphia, PARecommendCEO ApprovalBusiness OutlookPros
Willing to provide resources to enhance growth and success
Cons
Small scale to competitors limits growth ability
Macquarie Group Reviews FAQs
Macquarie Group has an overall rating of 4.2 out of 5, based on over 3,488 reviews left anonymously by employees. 83% of employees would recommend working at Macquarie Group to a friend and 81% have a positive outlook for the business. This rating has improved by 1% over the last 12 months.
83% of Macquarie Group employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Macquarie Group 3.7 out of 5 for work life balance, 4.3 for culture and values and 4.2 for career opportunities.
According to reviews on Glassdoor, employees commonly mention the pros of working at Macquarie Group to be career development, coworkers, culture and the cons to be management, work life balance.
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