Lehman Brothers

www.lehman.com
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There are newer employer reviews for Lehman Brothers

 

Lehman: Don't bother

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

I worked at Lehman Brothers

Pros

While it existed, they did pay every 2 weeks, and they kept me employed for 13 years.

Cons

Lots of compensation was made in company stock which became worthless at bankruptcy. Yearly bonuses that were used as basis for "total compensation" included restricted stock which was values at grant price giving the false impression that we actually made more money than we did.

Advice to ManagementAdvice

Don't gamble my career away.

Doesn't Recommend
Disapproves of CEO

200 Other Employee Reviews for Lehman Brothers (View Most Recent)

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  1.  

    Was ok while it lasted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Finance Summer Analyst in New York, NY
    Former Employee - Finance Summer Analyst in New York, NY

    I worked at Lehman Brothers

    Pros

    Obviously a good name to have on your resume. Makes for some good stories in interviews. Was paid very well considering I was only there for an internship. Worked with extremely bright people. The people in my department were also very nice and helpful for the most part even though ours was one of the most hectic while the company was going through their crisis.

    Cons

    The company doesn't really exist anymore. Got the feeling that what I did didn't really make much of a difference. Being a huge company, it was easy to get lost in the shuffle. The 6th Avenue office wasn't nearly as nice as HQ.

    Advice to ManagementAdvice

    Diversify and handle your risk a little better next time.

    Disapproves of CEO
  2.  

    Lehman survivors.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Lehman Brothers

    Pros

    Now there aren't many. If you happen to work in the businesses that ae sold you'll be the man that knows situation the bst and you'll have safety. whatever doesn't kill you will make you stonger.

    Cons

    It was very stresfull ecently when we were allowed to fail. People were thinking about leaving only.

    Advice to ManagementAdvice

    It's too late now, but don't get too leveraged and be conservative always.

    Disapproves of CEO
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