Bear Stearns

  www.bearstearns.com
  www.bearstearns.com
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Bear Stearns Reviews

Updated August 28, 2014
Updated August 28, 2014
56 Reviews
3.2
56 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bear Stearns Chairman, Bear Stearns Companies and Bear, Stearns & Co. Jimmy Cayne
Jimmy Cayne
16 Ratings

Employee Reviews

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  1.  

    decent place to work

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

    I have been working at Bear Stearns full-time for more than 3 years

    Pros

    Good working env
    Very professional staff
    Good technology investments

    Cons

    bureaucracy at its best
    poor planning

    Advice to ManagementAdvice

    None

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Great place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Whippany, NJ
    Current Employee - Associate in Whippany, NJ

    I have been working at Bear Stearns full-time for more than 5 years

    Pros

    Great Place to work, smart people, No BS.. get the job done and move on to the next issue.

    Cons

    None at all. Good place to work period.

    Advice to ManagementAdvice

    All Management were very competent

  3.  

    Analyst at Bear

    • 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 Bear Stearns full-time for more than a year

    Pros

    Entrepreneurial, Fast paced, hard working, competitive

    Cons

    Hours, Fast paced, hard working, competitive

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5.  

    Wild wild west...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  Chicago, IL
    Former Employee - Associate in Chicago, IL

    I worked at Bear Stearns full-time for more than 3 years

    Pros

    - Very entrepreneurial.
    - Family feel

    Cons

    - Top management incompetent.
    - Very New-York based. Thus, treats other offices (e.g. Chicago) with neglect.

    Advice to ManagementAdvice

    Too bad you couldn't change your actions before the company went down in flames.

  6.  

    Bear Stearns & Co.

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

    I worked at Bear Stearns full-time for more than 3 years

    Pros

    awesome place to have worked at. To bad not around anymore. A lot of good people

    Cons

    Nothing wrong with this place. awesome place to have worked at. To bad not around anymore. A lot of good people

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    8 year employee let go just before they went under

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Director  in  Whippany, NJ
    Former Employee - Associate Director in Whippany, NJ

    I worked at Bear Stearns full-time for more than 8 years

    Pros

    Bear was a great place to work when it came to using new technologies, broadening your skills, and having a lot of career opportunities. I started off as a relatively junior software programmer; in the course of just under 8 years I had been promoted to Associate Director and was doing some really incredible work. The company also had a lot of great people working there who I really enjoyed spending my days with.

    Cons

    In its final year or two, the company had turned into a meat grinder much like Goldman Sachs. 70-hour weeks were typical for me, along with loads of stress and ridiculously tight delivery deadlines. After putting in all that effort and making myself known as a stellar employee, the company laid me off along with several hundred others in the biggest such layoff the company had ever done. Four months later they were gone and absorbed by JP Morgan Chase.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    A very good place to work

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

    I worked at Bear Stearns full-time for more than 3 years

    Pros

    They were very friendly
    Good support networks

    Cons

    Very agressive style
    Eat or be eaten

    Advice to ManagementAdvice

    They could be more friendly and involved

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Culture was eroding along with the balance sheet in 2007-2008.

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

    I worked at Bear Stearns full-time for more than 5 years

    Pros

    Mostly no BS approach to getting things done. Anyone in the firm would respond to you if you called.

    Cons

    Culture of promoting from within was largely thrown out the window.

    Advice to ManagementAdvice

    It's already over, so no point.

    Doesn't Recommend
    No opinion of CEO
  10.  

    great while it lasted

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

    I worked at Bear Stearns

    Pros

    awesome pay bonuses no limit on meals

    Cons

    they went out of business

    Advice to ManagementAdvice

    hire a good attorney

  11.  

    One of the best places to work

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

    I worked at Bear Stearns full-time for more than 3 years

    Pros

    Very entrepreneurial. It was easy to come up with an idea and then "run for mayor". Teamwork was excellent and there were lots of really smart people until they starting turning. The effort to offshore was a total disaster and caused scores of top notch talent to leave (or they were fired).

    Cons

    The culture changed to being very short term minded. Senior management tried to save to money and "save their way to prosperity", They got dumber by the day and it was not a surprise when they really ran into trouble.

    Advice to ManagementAdvice

    think of the health of the company long term

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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