Lehman Brothers Reviews

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  1. Gone soon after I joined!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Lehman Brothers full-time (Less than a year)

    Pros

    - surrounded by high achievers and top quality professionals - Great experience for someone starting career in finance

    Cons

    - Aggressive environment - Firm could not last long enough for me to spend more time!


  2. Excellent working for LB, equal employer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Mumbai (India)
    Former Employee - Project Manager in Mumbai (India)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Excellent culture Work Life balance Open door policy Bonuses Benefits

    Cons

    No Cons it was a great company to work and helps in career development

    Advice to Management

    Emphasize on increasing productivity and efficiency by applying industry cost cutting measures


  3. Bankrupt

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers full-time (More than a year)

    Pros

    Relatively friendly environment compared to other big investment banks. Does it matter any more?

    Cons

    A lot of big talking traders and weird management that is more concerned about your working attire than the work you produce.


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  5. Great Fun

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Analyst in City of London, England (UK)
    Current Employee - Treasury Analyst in City of London, England (UK)
    Recommends
    Negative Outlook

    I have been working at Lehman Brothers full-time (More than a year)

    Pros

    Part of the biggest bankruptcy in history. All very exciting!

    Cons

    Going bankrupt creates bad morale, especially when its done before pay day.

    Advice to Management

    Dont go bust


  6. challenging yet rewarding

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    No opinion of CEO

    Pros

    environment of hardworking people who foster an arena of learning

    Cons

    strong culture that could be a bit overbearing at times

    Advice to Management

    listen to employee feedback


  7. Good Place To Work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    No opinion of CEO

    Pros

    Good compensation, work culture,friendly ,tech savy

    Cons

    long work hours not much transparent

    Advice to Management

    ok


  8. difficult

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Lehman Brothers was a proud organisation, proactive, with a can do attitude to risk taking and client service. However risk management was not good.

    Cons

    My experience is tainted somewhat, as I was there during the default phase, which meant that focus was all regulatory focussed not client.

    Advice to Management

    Nothing more to say really given the company h a s now closed. RIP to the Lehmann Bros....good luck to my former colleagues.


  9. Old School

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    Pros

    Pay comparable to street, well reputed similar to any other bulge bracket, good name to have on resume, good initial training programs.

    Cons

    Political, difficult career path, old school investment bank, lack of direction from senior management, not a lot of senior people who are good managers or have people skills.

    Advice to Management

    Need to provide more visibility on direction of company and issues, don't coat how good things really are if they are not.


  10. Time to move on...

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Tokyo (Japan)
    Former Employee - Business Analyst in Tokyo (Japan)
    No opinion of CEO

    Pros

    Good pay Good bonuses Good benefits Good people in my group Challenging work Projects/work was fairly organized Good office location Good prestige at the time

    Cons

    Company went bankrupt! Long, long, long, long, long hours! No dinner with family pretty much ever Weekend work at times Nomura transition pretty tough

    Advice to Management

    Uh, what to say? High risk, high reward... Higher risk, no job Did management have the shareholders and employees best interest in mind?


  11. Lehman Brothers not so good for operations staff

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Technician
    Former Employee - Operations Technician
    No opinion of CEO

    Pros

    It was a good place to work if you were a money maker like a trader or investment banker

    Cons

    Operations staff in some departments underpaid. Had to rely on overtime to make a livable wage

    Advice to Management

    Management always talked a good game about advancement and support. But the reality was far from the corporate pep talk.



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