Poor, toxic work culture - Investment Banking Analyst Macquarie Group Employee Review

2.0
Mar 10, 2020
Recommend
CEO approval
Business Outlook

Pros

Free food & snacks, fitness reimbursement

Cons

MDs turn a blind eye to continued unprofessional conduct by middle management/staffers. Junior members of teams are constantly chastised for reasons completely unrelated to work product. Despite demonstrated ability to work hard, analysts are looked down upon. Absolutely zero consideration for respecting PTO, funerals, and even serious personal illness; IB industry is notorious for this, but it is especially pronounced here. Certain group-level enforcement (along with corporate endorsement) of "business-as-usual" with zero flexibility for remote work despite Coronavirus concerns, for example, are clear examples of how little the firm cares about the well-being of its employees.

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Macquarie Group Response
6y
We’re sorry to read about some of your experiences at Macquarie. We aim to ensure that the employee experience is positive for everyone, and the health and wellbeing of our people is at the forefront of our business decisions. We would welcome an opportunity to further discuss your feedback and encourage you to reach out to your HR team member, or alternatively you can raise concerns anonymously through the Integrity Office.

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5.0
Jul 14, 2026
Recommend
CEO approval
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Pros

Really smart people who are genuinely interested in the work

Cons

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1.0
Jul 17, 2026
Recommend
CEO approval
Business Outlook

Pros

You are safe if you are Australian or a boot licking Manager/Director. Benefits are great. Free breakfast and lunch.

Cons

Extremely toxic culture especially in the Houston office. Trade compliance systems are a complete joke. They have no way of finding out of a trader is actually committing violations because systems are so bad and lag months back. Lots of image shining to hide the true picture behind closed doors. Do not trust the percentage of Bonus/Raise they pitch you. The bonus is 1% not 10-20% Lots of internal politics, local management keeps promoting each other every year while the rest of the hard workers watch. A little bit of a cult vibe when it comes to culture. Organization loves overstepping boundaries between personal and professional life. They want you to live and breathe Macquarie 24/7/365 Promotion process made extremely complicated for everyone EXCEPT the inner clicks. Annual performance reviews involve baiting each other by asking team members to score you.

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