Toxic and Controlled by Sydney - Manager Macquarie Group Employee Review

1.0
Jul 19, 2024
Recommend
CEO approval
Business Outlook

Pros

High pay that is dangled like a carrot to attract unsuspecting employees. Only work here if you are desperate and need a job, but then immediately search for another company. The company spends a lot of money remodeling their offices to make them nice and attract unsuspecting customers.

Cons

Work from home only 2 times a week and that is very inconvenient if you live far from downtown because traffic is horrible. Plus, I45 construction about to begin for several years and that will make access more complicated. Management pretends to listen, but then doesn't communicate. You get work assignments from Microsoft teams chats; for example, and expectations are not clearly communicated by leadership. Then, you get blamed when things go poorly due to broken processes and company red tape. Only people who are favorable with management get promoted so this place is more political than most companies that I have worked for. Rotational layoffs so recession proof to a point. I don't think they will be successful in the long-term because their direction is from Sydney headquarters and their management is out of touch with the work culture and what is going on in America.

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Macquarie Group Response
1y
Thank you for taking the time to share your review. We’re sorry to read your comments. We encourage our employees to utilise our flexible working arrangements to manage their work and life priorities. We aim for our managers to be supportive in helping our employees progress in their role and we strive to use a promotion system that is fair, transparent, consistently applied and based on merit. We welcome the opportunity to learn more about your experience and encourage you to contact your manager or HR team member to arrange a time to speak.

Explore other reviews about Macquarie Group

5.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Really smart people who are genuinely interested in the work

Cons

I have a hard time coming up with any

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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