Macquarie Group Reviews | Glassdoor

Macquarie Group Reviews

Updated December 13, 2017
22 reviews

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2.0
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Macquarie Group Managing Director and CEO Nicholas W. Moore
Nicholas W. Moore
5 Ratings

22 Employee Reviews

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Pros
Cons
  • Work life balance could be better (in 74 reviews)

  • Sometimes long hours are required but that should be expected really (in 75 reviews)

More Pros and Cons

  1. "Senior Programmer Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Programmer Analyst in Houston, TX
    Current Contractor - Senior Programmer Analyst in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Macquarie Group as a contractor (Less than a year)

    Pros

    Good salary and other benefits

    Cons

    Bad management and unreal deadlines


  2. Helpful (3)

    "Generally good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in New York, NY
    Current Employee - Investment Banking Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Macquarie Group full-time (More than a year)

    Pros

    Base pay is high. Good office culture, mostly. Open floor plan allows you to learn from senior folks in the office.

    Cons

    The bank is stagnating and has failed to capitalize on a market upswing. Hard to move up unless you're Australian or have been at the firm since coming out of undergrad.

  3. Helpful (1)

    "Has potential..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Philadelphia, PA
    Former Employee - Anonymous Employee in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Macquarie Group full-time

    Pros

    Macquarie' acquisition of Delaware Investments will be valuable in the long-run, but it would be visible until the senior management retires (15-20 years).

    Cons

    Not team oriented at all. People just want to get their work done and seem to lack efficiency.


  4. Helpful (8)

    "Not Ideal"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Houston, TX
    Former Employee - Senior Associate in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Well stocked kitchen, No weekend work

    Cons

    Managers are just who can sit in their chair the longest and only 1/10 can actually lead a team. Entirely too hard to learn how other areas work or how the company utilizes other departments.

    Advice to Management

    Train your Mid to Senior Level managers, since they can't manage ALL your low level employees are constantly job hunting which breeds a terrible work environment.


  5. Helpful (3)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I have been working at Macquarie Group full-time (More than a year)

    Pros

    Better work life balance than other investment banks. They take you to conferences often.

    Cons

    They made layoffs just before bonuses. Senior bankers aren't easy to work with at all. Bank rarely gets left lead mandates.

    Advice to Management

    Start doing 360 reviews and you'll find that a lot of middle management bankers aren't as good as you would have expected


  6. Helpful (5)

    "Not a good place overall - employer of last resort"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Macquarie Group full-time (More than 5 years)

    Pros

    laid back culture and easy to excel on a relative basis at a bank with a below average talent base.

    Cons

    Poor management and most US platforms are subscale to effectively compete
    Unscrupulous leadership that thinks nothing of screwing employees for petty reasons
    Below average pay

    Advice to Management

    Australia headquarters needs to get a better handle on US operations and hire better local leadership. Be willing to invest in the US or simply pull up your stakes and get out of the market.


  7. Helpful (1)

    "No support for the support staff"

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

    I have been working at Macquarie Group (More than 8 years)

    Pros

    well stocked kitchen
    ergonomic desk set up

    Cons

    open plan - very noisy and distracting
    no support for EAs and support staff
    no promotion or ability to move within company

    Advice to Management

    Pay the EAs better.

  8. Helpful (5)

    "Former Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Lot of perks, generally nice people on the teams. Hours were long but a pretty good environment to be in if you were working late.

    Cons

    Company leadership was pretty bad, didn't do a good job communicating strategic/comp decisions with the broader group. There was a mass exodus for a couple years after some pretty bad bonus announcements.

    Advice to Management

    Do a better job communicating decisions to the broader group, follow the rest of the street in terms of bonus, limitations on hours, weekends, etc.


  9. Helpful (3)

    "In Transition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology in Philadelphia, PA
    Former Employee - Information Technology in Philadelphia, PA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Macquarie Group (Less than a year)

    Pros

    Nice place to learn the business processes end - end from a technical point of view. Mature people. Established software. Standard Hours. Easy work.

    Cons

    Aloof Business. In Transition. Uncertainty. Remote control from Australia. Managers have little leeway in taking independent decisions. Hard to get new technology in.

    Advice to Management

    Keep up with times. Show loyalty to get loyalty.


  10. Helpful (1)

    "Good pay, difficult environment"

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

    I worked at Macquarie Group full-time (More than 5 years)

    Pros

    Salary and benefits are great.' I'm in IBD. Most people are surprisingly nice and helpful. I've only disliked two people in 4 years.

    Cons

    Non-responsive back office functions. Working printers are few are far between, for example, and no one seems to care. Another example is that AP rarely pays bills on time, causing more work for staff. Bonuses are terrible. .


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