Jefferies & Company

  www.jefferies.com
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Jefferies & Company Reviews

Updated August 8, 2014
Updated August 8, 2014
99 Reviews

3.2
99 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
67 Ratings

Review Highlights

Pros
  • Solid deal flow in San Francisco (in 5 reviews)

  • Excellent IT to work with, good HR profile, great people to work with (in 5 reviews)


Cons
  • Work life balance is slightly worse than at other major banks for similar compensation (in 9 reviews)

  • Long hours and heavy responsibilities (in 6 reviews)

More Highlights

37 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Grueling yet rewarding.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Associate  in  New York, NY
    Current Employee - Investment Banking Associate in New York, NY

    Pros

    Teamwork and learning, they pay you and train you to the fullest extent which is very hard to find. The exposure to deals is limitless as well.

    Cons

    No cons unless you can't handle the hours.

    Advice to ManagementAdvice

    N/a

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Pleasant Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good interaction with people that you work with. Pleasant atmosphere to work at. Hours are flexible. Dress code is casual.

    Cons

    Internal mobility is rare. You are asked to do a job and that job may not change a lot.

    Advice to ManagementAdvice

    sell to a Canadian bank.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great envirenment with self driven individuals and great leadership.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great work culture and excellent benefits and programs for employees and their families. Opportunities to grow in house and vertical mobility.

    Cons

    Financial Services Industry is going through a lot of stress with the excessive amount of regulations. Pressure to perform is high and turn around times are long.

    Advice to ManagementAdvice

    Increase entreprenaurship culture. Continue to increase focus on technology grow and simplification of processes. Try to foment cross sale between Investment banking and other areas.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    A so-called “Best Place to Work” three years in a row -- Really?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    They like to hire people from top firms. So it is easy to negotiate for a large salary hike when you join. But don’t expect too much afterward. Working hours are decent.

    Cons

    The cash bonus clawback policy was supposed to apply to all, but some seniors get away with that, and leaving the lower level employees have to pay back when they leave. If you leave, you will have to pay back your last years bonus!

    Your direct manager reviews your emails, Bloomberg chats, and internal chat system every week.

    They like to outsource a lot of functions (not just those typical ones that are widely known). You won’t be surprised if one day they tell you that you will continue to do what you do, but no longer their employees.

    Advice to ManagementAdvice

    Stop being so hypocritical, You are not a big boy on the Street, and you will never be!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Not crazy about the culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President  in  New York, NY
    Current Employee - Senior Vice President in New York, NY

    Pros

    Somewhat entrepreneurial but wasn't always clear credit was given appropriately.

    Cons

    No one cares if people are treated poorly by their manager.

    Advice to ManagementAdvice

    If management likes the culture, then that's their choice. Not sure if it merits advice.

    Doesn't Recommend
    Disapproves of CEO
  7. 1 person found this helpful  

    Growing Company, Poor Timing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate  in  Boston, MA
    Current Employee - Sales Associate in Boston, MA

    Pros

    Very Flat organization and Leadership is surprisingly transparent
    Avoided many of the investment mistakes that sank competitors in the industry
    Some of the best people I have ever worked with in my career

    Cons

    No clear processes regarding career development.
    If you don't find a strong niche for your skills and talent, you will be passed over.

    Advice to ManagementAdvice

    Finds ways to instill a stronger sense of culture and values
    Invest in ways to formalize hiring and career development

    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Smart people in the weeds

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    This company has really smart people all over the place. The atmosphere is generally nice, and the company is very ethical. Compensation is slightly below fair, but is made up for by a good working culture. The firm's reputation is great.

    Cons

    Non-managers have careers that stagnate largely due to politics. Managers have no incentive to promote and nurture great talent, and thus they focus only on making sure those above them hear what they want to hear. They can't promote as it would compromise their very own roles.

    The CEO and chairman have a different mindset, however their mentality doesn't always trickle down.

    Advice to ManagementAdvice

    There is a world beyond management. The real people who are doing work are oven overlooked. Look at all those people who are VP and below and focus on them as much as you do all those at SVP and above.

    Neutral Outlook
    No opinion of CEO
  9.  

    Good middle market IB firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  New York, NY
    Current Employee - Assistant Vice President in New York, NY

    Pros

    As professional service mid-sized firms go it's not a bad place to work. You get more out of it if you are in the core competency - a banker. If you directly report to nice people then it is tolerable.

    Cons

    Not much in the way of professional growth or development or opportunities for promotion unless you are a banker. Low pay for non-banker personnel. As with most firms, senior management hasn't a clue as to what is going in their own firm. If temping, they take a long time to bring you on board...it does depend on department. Some have more clout with senior management than others.

    Advice to ManagementAdvice

    Treat all the workers the same, give them all advancement opportunities so they want to stay. Create work-life balance policies and implement them.

    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    No culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Sales/Trader  in  New York, NY
    Current Employee - Senior Sales/Trader in New York, NY

    Pros

    If you produce they pay well. But that has changed with clawbacks so it's very similar to the bulge bracket firms.

    Cons

    Zero culture. When you take people from deceased firms - Bear, Leh, Mer, GCM - and throw them into an eat what you kill pool and no management from the top you get a toxic stew. People trying to steal accounts, not answering/backing up when off the desk. The one benefit was the monthly hard dollar payouts. That's now gone and clawbacks are in place so other than a place to park your feet there are better places out there.

    Advice to ManagementAdvice

    Look past the next ticket to build some teamwork and cohesion.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Interview

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    It's relaxing interview. I was asked some questions about finance, like swap yield curve, options and futures. And I did some questions about what I did in my academic courses, what my contribution was in the project.

    Cons

    I think they hired the highest qualified people. People as a employee at Jefferies will have lots of knowledge about the financial markets. Your responsibility ranges from the beginning to the end.

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