Babcock & Brown Reviews

Former Employee – worked at Babcock & Brown full-time for more than 3 years

Pros – Intelligent, hardworking, motivated people. Above average compensation. Flexible work environment.

Cons – Sadly, the company went bankrupt

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Babcock & Brown full-time for more than 3 years

Pros – Some great people, great salary and AMAZING benefits like i have never seen before. Nice office locations too.

Cons – Management was horrible. Poor companywide communication, an old boys club attitute was persuasive, lots of behind the scenes / secretive meetings going on. Unfair salary structure. Annual reviews were a joke and not taken seriously. The top 15% paid themselves multimillion dollar bonuses and business was not always above board. Bankruptcy followed.

Advice to Senior Management – Doesn't matter, they are on to other things - not humanitarian, non-profit things..these are elitist, greedy, selfish people.

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

Former Employee – worked at Babcock & Brown full-time

Pros – Great culture and people to work with.

Cons – Many nights of staying super late during busy season.

Yes, I would recommend this company to a friend

Former Employee – worked at Babcock & Brown

Pros – The pay was very good and the benefits were just about the best I have ever seen. The office environment was beautiful and the easy-going culture, even when everyone was really busy, was nice.

Cons – Very long work hours and a lot of work that just needed to be completed, and that was that. Unfortunately, the credit climate explosion did away with what was know as B&B.

Yes, I would recommend this company to a friend

Former Employee – worked at Babcock & Brown

Pros – Overall nice people and solid insurance and other benefits. Te parties were very nice and I always had the feeling that I was contributing.

Cons – It wasn't a terrible place to work until they filed for voluntary receivership in Oz. The non-hierarchical structure was amazingly hierarchical and a lot of the old timers treated staff shoddily.

Advice to Senior Management – I don't know that I have any advice as they all have gone their own ways, but I do feel grateful for have the opportunity nonetheless.

No, I would not recommend this company to a friend

Current Employee – been working at Babcock & Brown

Pros – You're surrounded by people with friendly attitudes that are always willing to help. There's a focus on creating a positive culture for the firm.

Cons – The senior management made some bad decisions and bankruptcy resulted. Though everyone was friendly and had good intentions some people were given power that should not have had it, resulting in the company going under.

Advice to Senior Management – Try to work hard to get the groups sold and be sure to deliver the severance packages that were offered a few months ago.

No, I would not recommend this company to a friend

Current Employee – been working at Babcock & Brown

Pros – I enjoy the work environment, the people, and the compensation.

Cons – People are overworked and the balance between life and work hardly exists.

Advice to Senior Management – Communicate better.

Yes, I would recommend this company to a friend

Former Employee – worked at Babcock & Brown

Pros – great team and global experience

Cons – financial management problems on the horizon

Yes, I would recommend this company to a friend

Former Employee – worked at Babcock & Brown

Pros – Pay and bonuses were good - definitely higher than the market generally would pay. Transactions were interesting and usually fun to work on - although the time and effort involved often meant long hours. Overall a nice bunch of people (some weirdos), and it was always really good to come into work with a motivated and intelligent workforce. I worked through a period of huge growth and development, so there were always lots of interesting things going on, both within the transactional space and from a corporate point of view. There was some ability to move between business groups and offices.

Cons – They pay massive bonuses to the people at the very top who are not necessarily the most cometent people - rather they are the people with the most political clout. Although solid bonuses are paid down lower, the massive bonuses do not really trickle down the chain. It would have been fairer and more motivating for all if bonuses actually reflected input.
Also, they thought they had really good HR policies, but in fact the glass ceiling was as firmly in place at B&B as anywhere - I sometimes felt that the women stayed ät home"in the office looking after the corporate work, while the men went out "to work"doing the transactions, and the pay reflected that.

Advice to Senior Management – Review the pay structure