Macquarie Group reviews

3.6

67% would recommend to a friend

(4,953 total reviews)
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Shemara Wikramanayake

85% approve of CEO

64% positive business outlook

Macquarie Group has an employee rating of 3.6 out of 5 stars, based on 4,953 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Macquarie Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

5K reviews
1.0
Jul 7, 2012
Recommend
CEO approval
Business Outlook

Pros

- high turnover and thin staffing means many opportunities for advancement, taking on additional responsibilities - smart, hard-working colleagues - open-door policy (for some management) - regular communication from upper-level management

Cons

- extensive interview process (and disorganised HR), tends to alienate potentially strong candidates - compensation/bonuses don't reflect the long hours, dedication and hard work that's expected - outdated technology/systems, and little (if any) investment planned in this area - too much politics and bureaucracy (more than most comparable firms on the Street) - no loyalty or appreciation...yesterday doesn't matter, it's always "what have you done for me today?" - stress, stress, and more stress (did I mention stress?) - zero work/life balance - extremely low team morale - ineffective management (they tend to promote strong team players, rather than those with the actual skillset to be successful managers) - Sydney management doesn't get the US business model, or how to succeed in the US market, which makes for a very confused, disorganised corporate culture in NY (torn between Aussie and US standards)

3.0
Oct 20, 2021

Good benefits and brand name but low salary and no growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's a good company with smart people. lots of new ideas and initiatives. Good benefits. Company emphasizes diversity and inclusion. Pays bonus in July every year depending on the profits. Allows flexible work schedule as work from home 2-3 days a week post covid Great tech in the new Philly office Good culture

Cons

Low career growth. Only a handful promotions are given each year e.g., 2 in a team of 50-100 Salary increase is minimal. You will get largely the same salary for next 5-10 years which also can leads to higher churn rate of employees Siloed work environment with lots of red tape Project take forever to finish Lot of holy cow projects which are failure from the start They preach diversity and inclusion but the workforce is predominantly white in some departments (*marketing)

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Macquarie Group Response
4y
Thank you for leaving a review of Macquarie. We are happy to hear that you enjoy many things about working here and appreciate you providing honest feedback. We want to empower our people to grow and progress during their time with us, and strive to have an environment where our employees can make the most of opportunities to create their own career path. We strive to offer compensation packages that are competitive in the market and to shape an agile culture that encourages collaboration as we pursue new opportunities. We are also committed to continuing to build a diverse workforce. We would love an opportunity to discuss your feedback in more detail and encourage you to reach out to your manager or an HR team member.
1.0
Oct 15, 2021
Recommend
CEO approval
Business Outlook

Pros

Great place to work at if you’re a middle aged man. No one will correct your racist and sexist jokes and everything is catered to you.

Cons

Be ready for micro (and non) micro aggressions daily

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Macquarie Group Response
4y
We’re sorry to read your review of Macquarie. We continually strive to build a workforce that reflects all aspects of diversity, where all our people have access to the same opportunities regardless of their gender or background. We are committed to fostering an inclusive culture where all our employees feel respected and valued and we have zero tolerance for any form of inappropriate workplace behavior. We would appreciate an opportunity to discuss your feedback in further detail and encourage you to reach out to our Equal Employment Opportunity team via eeooffice@macquarie.com so we can arrange a time to speak.
Viewing 25 - 27 of 4,953 Reviews

Glassdoor has 5,648 Macquarie Group reviews submitted anonymously by Macquarie Group employees. Read employee reviews and ratings on Glassdoor to decide if Macquarie Group is right for you.