Jefferies & Company
3.2 of 5 85 reviews
www.jefferies.com New York, NY 1000 to 5000 Employees

Jefferies & Company Reviews

Updated Feb 23, 2014

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3.2 85 reviews

                             

81% Approve of the CEO

Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler

Richard B. Handler

(59 ratings)

54% of employees recommend this company to a friend
16 Employee Reviews Back to all reviews
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Good middle market IB firm

Assistant Vice President (Current Employee)
New York, NY

I have been working at Jefferies & Company full-time for more than 3 years

ProsAs 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.

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

– I'm optimistic about the outlook for this company

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FX Trading situation is HORRIBLE!

FX Trading (Former Employee)
New York, NY

I worked at Jefferies & Company full-time for more than 5 years

ProsHigh pay scale for new employees. Not the biggest attraction for talent so they have to pay-up.

ConsIf you do get a job there, you will not be having it for too long. Desk does very poorly.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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over worked and under paid

Anonymous Employee (Current Employee)

I have been working at Jefferies & Company full-time for more than 3 years

ProsReally not much pros at all.

ConsToo many to list here.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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IT Dept is low expectations, low output. A few stars carry a lot of low contributing head count. Can be bureaucratic.

Vice President (Former Employee)
New York, NY

I worked at Jefferies & Company full-time for more than a year

ProsPotential career growth if you are willing to fight for it. Old guard (Equities) is ripe for shakeup if you have the guts and can play politics.
(IT) Easy to fade into the low productivity curve and exert minimal effort. International opportunities.

ConsSometimes felt like a special education prison (IT)
TPS reports can be a drag. A lot of hairy legacy processes.

Advice to Senior ManagementRichard Handler is sketchy, watchout !!!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Poor development

Analyst (Current Employee)
San Francisco, CA

I have been working at Jefferies & Company full-time for more than a year

ProsLots of deal flow
Lots of pitching
Long hours
Good place to start if this is your best choice. Top of the middle market

ConsPoor development - mid tier is very weak, you either come in knowing all the finance / accounting or you're out of luck. Can be annoying working for seniors with unreasonable demands who have no idea how to do what they're asking you to do.

No, I would not recommend this company to a friend

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Unprofessional to an incompetent degree

Vice President (Former Employee)
New York, NY

I worked at Jefferies & Company full-time for more than 3 years

ProsEasy to shine in short bursts

Consunprofessional environment populated by friends and family rather than by the talent. Senior management unaware that a company is made up of more than just sales and trading - it actually requires capable IT and middle office as well as a thoughtful investment in infrastructure and assets that support the business process. Penny wise and often pound foolish coupled with extravagant waste thrown at the wrong people

Advice to Senior ManagementStudy the organization

No, I would not recommend this company to a friend

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Interesting - but could be better

Investment Banking Analyst (Former Employee)
Houston, TX

I worked at Jefferies & Company as an intern for less than a year

ProsGood experience working on IB projects in the Energy Sector

ConsPoor guidance and training effort for interns. No organized internship program.

No, I would not recommend this company to a friend

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Good learning experience. Somewhat abusive culture.

Investment Banking Associate (Former Employee)
Boston, MA

I worked at Jefferies & Company

ProsCommercially aggressive
Broad product and deal flow

ConsLack of integrity
Poor culture
Revolving door

No, I would not recommend this company to a friend

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bad experience, not only did they lie about the amount of interns that would be converted, but they took extra time

Summer Analyst - Fixed Income Sales & Trading (Former Employee)
New York, NY

I worked at Jefferies & Company

Prosnot many ----pay is at least in line with other firms

Consjust for everyone's reference in the future ---probably should try to stay away from jefferies for summer internships---at least for trading
in fixed income they told us they would be hiring 70 to 80% of the analysts for the program----then even on the last day of the internship they told us they would hire 6 or 7 of the 10 interns----

to make matters worse, not only did they take an extra 3 weeks then they were supposed to to give offer decisions----but they only hired 2 people----

furthermore, the program is extremely unstructured---theres no formal training---and the whole mentality among people there has nothing to do with giving an intern a positions---there's no mentorship program---the EM desk literally told us from the start that they only hire people with experience---the advice is to stay away coming from someone that had offers at multiple BB programs and ended up obv. not getting an offer....

ranting because i just saw a video on their new careers site with their head of FI saying how they are now focusing on building internally via hiring junior people----when that is a bunch of crap (at least for fixed income)

extremely unprofessional HR treatment

Advice to Senior Managementget the intern program more organized---don't mislead kids into taking a position with the firm when there's an extremely small chance of getting hired----build a training program--support and have HR honor a date of commitment

No, I would not recommend this company to a friend

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Very small company with an even smaller budget

Anonymous Employee (Former Employee)
Jersey City, NJ

I worked at Jefferies & Company

ProsFree coffee. Location, location, and location.

ConsJersey City location - Office enviroment too small. No bathroom on first floor. Must use bathroom in restaurant.

Advice to Senior ManagementOne one hand almost everyone gets two monitors but on the other hand the most you afford for a stapler is $2.00.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Jefferies & Company reviews and ratings — including employee satisfaction and approval rating for Jefferies & Company CEO Richard B. Handler. All 16 reviews posted anonymously by Jefferies & Company employees.