Lehman Brothers

www.lehman.com
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Lehman Brothers?

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Analyst in Los Angeles, CA
Former Employee - Analyst in Los Angeles, CA

I worked at Lehman Brothers

Pros

Company culture
Ability to grow within company

Cons

Bankruptcy, limited departments to choose from, combining culture with Barclays

Advice to ManagementAdvice

Keep doing what you are doing-- net profits are a good sign. How did Lehman and Barclays culture combine after the bankruptcy?

Recommends
No opinion of CEO

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

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  1.  

    Analyst at the Investment Banking Division

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

    I worked at Lehman Brothers

    Pros

    Great IT infrastructure - best-in-class compared to other organizations which I have worked with. The salary and benefits are among the most generous. Its fast-pace work environment teaches you everything you need to know about corporate in approx. 6 months. Senior managers are easily accessible. Responsibilities increase substantially if one has proven himself/herself.

    Cons

    Long working hours - unbelievably long. Very competitive and unfriendly work environment. Beware of backstabbing. Managers show no sympathy for junior people for working ultra long hours. In fact, managers believe that if one gets out of the office before midnight, that person must be lazy. Managers do not appreciate the hard work junior people put in. Managers are ridiculously demanding. Time is always wasted on mundane jobs which are results of managers' ego.

    Advice to ManagementAdvice

    Please give more attention to employees' work-life balance. If you don't respect your employees' time, your employees will not do a good job for you. In fact, I believe that everyone hates the job.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Very fast-paced company that was well-organized but stratified

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

    I worked at Lehman Brothers

    Pros

    When it was in business, the corporate culture encouraged innovation and moving fast, usually to the detriment of documentation and organization. International opportunities were also largely encouraged: transferring internally to international locations was quite common

    Cons

    To the detriment of its fast paced culture, the company was very political in its inner dealings. Employee communication was mostly cheerleading, with very little important information. Though it ran like a well-oiled machine, roles were quite set in stone, and advancement was gauged more on perception rather than results.

    Advice to ManagementAdvice

    Strike a better balance between work and life, and change the culture towards progression rather than stress out the staff to keep catching up. Try to get back the talent that left after the insolvency.

    Approves of CEO
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