Lehman Brothers

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

 

Great people and office, but tough hours

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Investment Banking Analyst in Menlo Park, CA
Current Employee - Investment Banking Analyst in Menlo Park, CA

I have been working at Lehman Brothers

Pros

The people in the office are great, although turnover is high given the nature of the industry. There is great deal flow and not so much face time as required by other firms, especially becuase it is in the west coast. Lots of industry coverage within the technology group, so you won't be confined just to semiconductors, or internet, for example. The office is pretty nice as well. There is also a good amount of diversity in terms of people's background. Work / life balance was okay as the staffer was pretty accomodating to personal vacation schedules, to a certain extent.

Cons

Obviously, banking hours are tough and unpredictable, and this is true at Lehman Brothers too. Also, there is lot of competition from Goldman, Morgan, etc., so you won't always see the office get hired for the biggest or most prestigious deals. Compensation at Lehman, overall, seemed to be lower than other firms, so hopefully it will be better now at Barclays. This is mainly as a firm overall, not the Menlo Park office. Finally, being in Menlo Park, you are more of a satellite office, with the other half of the tech group being baesd in New York City, NY.

Advice to ManagementAdvice

Better compensation

Recommends
No opinion of CEO

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

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  1.  

    A great place to work, period.

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

    I worked at Lehman Brothers

    Pros

    They are no longer around but I am sure Barclays will be the same way. Great pay, communication and training programs. Tons of perks and a highly well run company, very professional. Everything had its own "Lehmanized" feeling to it. The background check was highly thorough and extensive. The training was highly helpful and learning the material was fairly easy thanks to great teachers. Overall, the company was willing to work with you over hours and other accommodations, but highly frowned upon bad decision making.

    Cons

    They closed, so no opportunity for growth. They also did not offer me any benefits, but I believe there benefit programs are usually top notch

    Advice to ManagementAdvice

    Keep up the good work but perhaps be a little better at communicating

    Recommends
    Disapproves of CEO
  2. 1 person found this helpful  

    If you get a great manager then you will love it.

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

    I have been working at Lehman Brothers

    Pros

    For the operations class you get overtime which is wonderful. In addition, a work life balance is encouraged. The second most important thing is to network. If you do not do this then you will be stuck an analyst forever. Therefore you must attend events with WILL and various volunteer gigs. If you get sick then there is always a nurse and rest rooms. If they think that you need to go home, they send you off in a town car. Typically your managers are great and there is no closed door. People are really nice and laid back.

    Cons

    Your expierance all depends on your manager. If you work in the New Jersey office and plan on moving to front office BEWARE. You much absolutely network your butt off to get ahead. Try to meet MD's or VP's from other groups, it would typically be middle office. From there you would network with the sales traders. Visit the trading floor as much as possible and try to attend as many happy hours as you can. These are the keys to success as lehman. It is not who you know, rather it is who knows you. Oh and be friendly and laid back and you will fit in.

    Advice to ManagementAdvice

    Encourage mobility and increase bonuses for the support function. They are very very small compared to the other banks.

    Recommends
    No opinion of CEO
There are newer employer reviews for Lehman Brothers

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