Bear Stearns
3.5 of 5 29 reviews
www.bearstearns.com New York, NY 5000+ Employees

Bear Stearns Reviews

Updated Jun 17, 2014
Bear Stearns – US – “3 billion dollar building”

All Employees Current Employees Only

3.5 29 reviews

                             

25% Approve of the CEO

Bear Stearns Chairman, Bear Stearns Companies and Bear, Stearns & Co. Jimmy Cayne

Jimmy Cayne

(16 ratings)

61% of employees recommend this company to a friend
29 Employee Reviews
in
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    Roller Coster Ride

    Anonymous Employee (Former Employee)

    ProsPromotes self initiative and outside the box thinking, which often times meant what connections you had to move ahead. Very entrapreneurial.

    Constoo narcissistic for many people - Not so much what effort you put in but whether you're in a "sweet spot" regarding product in order to be successful. Upper management too concerned about tee-off times then how to move the business forward with integrity

    Advice to Senior ManagementBone up on public relations and learn how to manage downward to the people who report to you, not upward to people who don't follow through on providing resources

    No, I would not recommend this company to a friend

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    Mediocrity

    Anonymous Employee (Former Employee)
    New York, NY

    ProsWas a decent place to get on the job training

    Conslack of management ran the place into the ground

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    Little teaching

    Risk Analyst (Former Employee)
    New York, NY

    ProsNice severance packages for young employees

    ConsYou gave out lots of severance packages

    Advice to Senior ManagementRelax

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    Satisfactory

    Anonymous Employee (Former Employee)
    New York, NY

    ProsCompetetive salaries. Great place to be a front office technologist

    ConsCulture needs a little tuning.
    Communication across tech teams not smooth enough( siloed )

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    Independent working, no rewards

    Anonymous Employee (Former Employee)

    ProsIndependent work atmosphere
    Good opportunity for OT

    ConsLow base pay
    Upper management too isolated from employees
    Mediocre benefits
    Lacked training opportunities
    Limited promotion opportunities

    Advice to Senior ManagementCompany may have survived if upper management actually communicated with employees

    No, I would not recommend this company to a friend

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    Valuable

    Anonymous Employee (Former Employee)
    New York, NY

    ProsPeople, learning, culture, and compensation

    ConsDid not survive economic cycle

    Yes, I would recommend this company to a friend

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    Great Gig

    Administrative Assistant (Current Employee)
    New York, NY

    ProsHard work and dedication was favored e.more than a degre

    ConsSub prime mortgage loans and greed.

    Advice to Senior Managementreally, take time to consider how your decisions wll affect main street and employees.

    Yes, I would recommend this company to a friend

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    Former Bear employee

    Anonymous Employee (Former Employee)

    ProsIt was a challenging work environment. Basically you got out of it what you put into it. Driven and motivated colleagues.

    ConsBenefit plan was not that great. Only rewarded long term employees. Vacation time was among the worst I have seen.

    Advice to Senior ManagementToo late to do Really anything. I would have treated all employees better and not just the long time employees.

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    BS is the Best

    Director of Asset Management (Former Employee)
    New York, NY

    ProsWhat can you say, just a great place to work and thrive. Credit derivative analysis was my favorite part of the job.

    ConsIf you were looking for long term opportunities, maybe this company was not the most ideal place to be at.

    Advice to Senior ManagementTo the management... I just have one minor criticism and request for you: Please pay me my year end bonus... please!

    Yes, I would recommend this company to a friend

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    Equity Research

    Associate (Former Employee)
    New York, NY

    ProsPay is good
    Prestige is great
    Responsibility is high
    Network is strong
    Always challenging and intellectually stimulating
    at the center of the financial universe

    Conscan't trust coworkers
    Top Management only concerned with counting dollars
    coworkers will do anything to get a better review and better bonus than you

    Advice to Senior ManagementTry risk management and coming into the office. Try motivating people in ways other than paying the top 5% of people all of the bonuses

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Bear Stearns reviews and ratings — including employee satisfaction and approval rating for Bear Stearns CEO Jimmy Cayne. All 29 reviews posted anonymously by Bear Stearns employees.