Jefferies & Company

  www.jefferies.com
  www.jefferies.com
There are newer employer reviews for Jefferies & Company

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Very uneven compensation in the S&T businesses

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

I worked at Jefferies & Company

Pros

+ Huge opportunities to advance quickly if you are good
+ Growing, improving product

Cons

+ Clubby, old boys atmosphere
+ Compensation is wildly uneven and totally opaque; doesn't often seem to be correlated with performance
+ Management doesn't communicate with employees leading to an environment of suspicion and gossip
+ Limited investment in technology hampers growth of firm

Doesn't Recommend
Positive Outlook
Disapproves of CEO

117 Other Employee Reviews for Jefferies & Company (View Most Recent)

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  1.  

    Does not value junior bankers, quickly growing company with opportunity to make impact

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

    I worked at Jefferies & Company full-time (more than 3 years)

    Pros

    Some deal teams are lean and you get a lot of responsibility and interaction with senior bankers and clients as an analyst. More opportunities to run a deal.

    Jefferies used to provide good perks (lunch, mobile plan reimbursement, huge discount to LA Sports Club for analysts, etc.) but then they disappeared during the downturn.

    Cons

    During the downturn, they laid off junior bankers first and then made aggressive strategic senior hires.

    They claim that analyst bonuses were on par with the rest of the street, but very few actually get that top bonus relative to other banks.

    Certain IB groups have a terrible reputation. Tech (formerly Jefferies Broadview) used to do great deals, but now run by mostly political senior bankers.

    Advice to ManagementAdvice

    Jefferies has a bad reputation for its treatment of junior bankers. My analyst class had such a bad experience that many would never go back.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    associate ibd

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

    I worked at Jefferies & Company full-time (more than an year)

    Pros

    overall decent people. some have a chip on shoulder bc not at a bigger bank

    Cons

    work on smaller deals that take up just as much time as bigger ones. zero brand name recognition if you try to move on

    Advice to ManagementAdvice

    handler is good. treat juniors as part of the team, not as a resource to get deals done

    Recommends
    Neutral Outlook
    Approves of CEO
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