There are newer employer reviews for Lehman Brothers

 

Not a bad place to work. Just not a great place either.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Summer Analyst in Chicago, IL
Former Employee - Summer Analyst in Chicago, IL

I worked at Lehman Brothers

Pros

As a summer analyst in the leveraged loans group, I primarily did research on leveraged companies. A lot of time was spent alone behind a computer.

Cons

Lots of time working on cash flow models in Excel with little connection to the value they actually created. Also, listening in on conference calls was boring. Very little attention was paid to summer analysts.

Advice to ManagementAdvice

Don't tell you employees that everything is going to be fine when you're about to go under water nearly everyone is going to lose their job.

Doesn't Recommend
No opinion of CEO

187 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.  

    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
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