Bear Stearns

www.bearstearns.com
There are newer employer reviews for Bear Stearns

 

Roller Coster Ride

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

I worked at Bear Stearns

Pros

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

Cons

too 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 ManagementAdvice

Bone 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

Doesn't Recommend
Disapproves of CEO

57 Other Employee Reviews for Bear Stearns (View Most Recent)

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  1.  

    Bear Market

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Derivative Operations Specialist
    Current Employee - Derivative Operations Specialist

    I have been working at Bear Stearns

    Pros

    The environment was extremely laid-back yet very productive. A great thing is that most managers were completely hands out, which inspired subordinates to follow suit.

    Cons

    There was not a premium put on being creative. In fact, falling in line with the status was seemingly better for your career. The pay was very low compared to similar positions at other financial institutions.

    Advice to ManagementAdvice

    Encourage creativity and risk taking.

    No opinion of CEO
  2.  

    Bear Stearns was a terrific place to work if you had the right work ethic.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Managing Director
    Former Employee - Managing Director

    I worked at Bear Stearns

    Pros

    Bear Stearns provided you with the flexibility and freedom to perform your duties as you saw fit. You had just better be right. They trusted their managers and their employees but they monitored them closely to make sure everyone was doing the right thing. Management generally maintained close relationships with the people that worked for them, allowing those employees to voice their concerns and suggestions in a free environment without fear of retribution.

    Cons

    It used to be that Bear prided itself on its PSD's and not its MBA's. That changed in recent years as MBA's became more prevalent and they just hired more MBAs. It became very difficult to work your way up the ladder. Their pay was great at high levels but not as competitive as the rest of the street. As a result, I think they ended up training a lot of people only to see them go out to the street.

    Recommends
    Disapproves of CEO
There are newer employer reviews for Bear Stearns

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