Bear Stearns

  www.bearstearns.com
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Bear Stearns Reviews

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

Bear Stearns – US – “3 billion dollar building”
All Employees Current Employees Only

3.4 55 reviews

25% Approve of the CEO

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

Jimmy Cayne

(16 ratings)

54% of employees recommend this company to a friend
55 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Corruption

    Anonymous Employee (Current Employee) New York, NY

    ProsGood cafeteria food. Nice interiors.

    ConsA culture of egotism, elitism, and entitlement.

    Advice to Senior ManagementWhat goes around already came around!

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    If you're in the "in" crowd it is great

    Managing Director (Former Employee) New York, NY

    ProsFlat organization where you can make something happen if you are willing to push. Can be highly rewarded for your contributions.

    ConsIf you are not someone's "pet" it is difficult to get things done. Everyone wants to challenge, sometimes people seem to think that they are rewarded for being obnoxious.

    Advice to Senior ManagementNeed to open the organization to new ideas and new blood. People should not be in the same job for life.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Not satisfied former emp

    Anonymous Employee (Former Employee)

    ProsReasonably good compensation, looks good on resume

    ConsDisorganized, random career outcomes as each group is fiefdom

    Advice to Senior Managementneed to think about who is promoted to middle management roles

    No, I would not recommend this company to a friend

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    It doesn't exist anymore

    Anonymous Employee (Former Employee)

    ProsGreat place to work. Really nice people.

    ConsUnfortunately, it doesn't exist anymore.

    Advice to Senior ManagementKeep it real.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Bear Stearns IT STaff

    Anonymous Employee (Former Employee) Chicago, IL

    ProsPeople were good to work locally
    Starting pay was usually commensurate with the industry

    ConsCompensation was always an issue - bonus' were very meek to IT staff even in good markets and raises were not granted - all pay treatment was done as bonus
    No 401K match
    No pension -profit sharing and that was not very good either
    Frequently changing benefit providers
    Bonus' were mostly distibuted based on who you knew rather than what you did
    They often made rules but when a senior exec challenged a rule when trying to enforce it they would rarely if ever back local managers
    Some staff at some sites were outsourced and others were not, also done based on popularity of the local site managment with NY

    Advice to Senior ManagementDevelop skills for managing IT with the business side of the compnay so they will buy into projects and establish rules that can be universally implemented

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Interns treated with disrespect

    Anonymous Employee (Former Employee) Cleveland, OH

    ProsNo micro-managing. It looks good on a resume. You can get a little training on their Bloomberg terminal if you want.

    ConsThe MD's didn't care about anyone but themselves. It was hard to come in every day and greet people who didn't care about your work

    Advice to Senior ManagementI would ask that they try a little harder to provide a position experience for those who choose to spend their time there.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    bear stearns think before u join the bear

    Vice President (Former Employee) New York, NY

    Prosthe compensation and bonus were the twilight

    Consthe work hours no work after life and no going forward

    Advice to Senior Managementstop behaving as if u are the best on the street

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Understandable why they failed.

    Equity Research Associate (Former Employee) New York, NY

    ProsIt was just like the other investment banks, banks which no longer exist in the form they had when I worked on the Street.

    ConsThe downsides to working at Bear included the lack of interest from management to the impact of their decisions on those under them. I worked for a boss who took 100% of the credit for the activities of his staff and instructed his staff on how to cover for his time outside of the office.

    Advice to Senior ManagementI would suggest that senior management learn to pay more attention to the skills and opinions of those under them and to never forget that they just may not be the most important or intelligent people in the room.

    No, I would not recommend this company to a friend

     

    Great place to work

    Associate (Financial Analyst) (Former Employee) New York, NY

    Prossalary comp are mostly in line with street

    Conshours are very long compared to other jobs

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Executive Assistant

    Executive Assistant (Former Employee) New York, NY

    ProsGreat team and office culture

    ConsWork-life balance was just "OK"

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

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