184 Employee Reviews (View Most Recent)

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Ambitious, entrepreneurial but not as well managed as the top investment banks

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

I worked at Lehman Brothers full-time for more than 3 years

Pros

Was on the upswing, attracting talent with drive

Cons

Risk control processes not well in place. Bankruptcy.

Doesn't Recommend
Negative Outlook

Other Reviews for Lehman Brothers

  1.  

    Overall Great I Would Still Be There

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Security Analyst  in  Jersey City, NJ
    Former Employee - Information Security Analyst in Jersey City, NJ

    I worked at Lehman Brothers full-time for more than 5 years

    Pros

    At the forefront of technology. The company was years ahead of others in terms of technology.

    Cons

    I had seen many people leave and come back with higher salaries and titles, but other who stuck around did not see the same type of promotions and raises.

  2.  

    It was a great firm to work for

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

    I worked at Lehman Brothers full-time for more than a year

    Pros

    Management listened.
    Stuff got done.
    Bureaucracy was minimized.

    Cons

    They levered up on real estate and went bankrupt.

    Advice to ManagementAdvice

    Don't bet the entire firm on the views of three people and keep it a secret from your employees.

    Doesn't Recommend
    Negative Outlook
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