Lehman Brothers Reviews

Updated March 4, 2015
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39 Reviews
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Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
24 Ratings

39 Employee Reviews

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  1. All was perfect

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

    I have been working at Lehman Brothers

    Pros

    Super puper bank it is amazing

    Cons

    The one of the best financial conglomerats in the wrold

    Advice to ManagementAdvice

    To be seriuos, observant and smart

    Recommends
    Positive Outlook
  2. The ending does not always define the journey

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in New York, NY
    Former Employee - Financial Analyst in New York, NY

    I worked at Lehman Brothers full-time (more than 3 years)

    Pros

    Amazing culture, Talented & Professional Employees, Opportunities for Advancement, Competitive Compensation

    Cons

    There was obviously a lot going on that the majority of the organization was not aware of

    Advice to ManagementAdvice

    Don't tell your employees to buy stock when you're going under

    Recommends
    Neutral Outlook
  3. IT Analyst

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

    I worked at Lehman Brothers

    Pros

    Very smart helpful people. I was lucky to meet some outstanding people of the industry

    Cons

    nothing bad really to say anything

    Advice to ManagementAdvice

    No advise

    Recommends
    Positive Outlook
    Approves of CEO
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  5. Really enjoyable, relaxed environment, helpful co-workers - for the most part the office is stress free.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Intern in Jersey City, NJ
    Former Employee - Tax Intern in Jersey City, NJ

    I worked at Lehman Brothers

    Pros

    Solid hours and pay, helpful and approachable senior management

    Cons

    Company won't be in existence for the foreseeable future, not a lot of upward mobility within this workplace.

    Advice to ManagementAdvice

    Keep going what you are doing.

    Recommends
    Neutral Outlook
  6. Client Money & Reconciliations Senior Associate

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

    I worked at Lehman Brothers

    Pros

    Very Good company to work for.

    Cons

    In administration so slowing letting staff go.

    Recommends
    Negative Outlook
    No opinion of CEO
  7. Great place to work

    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Lehman Brothers

    Pros

    Great learning experience and steppingstone to the next opportunity. I would recommend working here especially if you are just starting your career.

    Cons

    Normal investment banking hours and culture so you have to be prepared for that. As long as you know what to expect, it is a good employment experience.

    Advice to ManagementAdvice

    I would suggest improved communication up and down the leadership chain in general as my advice to management.

  8. Working for the Estate

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

    I worked at Lehman Brothers full-time (more than 5 years)

    Pros

    - Unique Situation so the learning opportunities are limitless
    - Few staff so lots of things to do as long as one takes initiative
    - Friendly, familial environment, management is very understanding of unique needs

    Cons

    - Not any job progression (since the estate is unwinding)
    - Communication is slow therefore work can be a little difficult to predict
    - No matching 401K contributions

    Negative Outlook
    Approves of CEO
  9. Great people. Great culture. Strong development

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

    I worked at Lehman Brothers

    Pros

    Strong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    Cons

    Stock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to ManagementAdvice

    Continue to invest in employee development. Continue to pursue growth opportunities.

    Recommends
    Negative Outlook
    Approves of CEO
  10. Investment Banking

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lehman Brothers

    Pros

    Great firm. It's a shame it went bankrupt.

    Cons

    No major cons at all.

  11. 1 person found this helpful

    Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)

    I have been working at Lehman Brothers full-time (more than 3 years)

    Pros

    Great unique career experience, the bank invested a lot of time in their staff and the compensation was good. A lot of excellent people professionally and socially.

    Cons

    Obviously the firm going into administration, the job could no longer be guaranteed and the workforce was wound down. This had a negative impact on the atmosphere.

    Recommends
    Negative Outlook

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