Gerson Lehrman Group Reviews

Updated April 20, 2015
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  1. Helpful (11)

    Only a launchpad with directionless leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Research Manager
    Current Employee - Senior Research Manager

    I have been working at Gerson Lehrman Group full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    People - I've ran into many intellectual, social individuals at this company. GLG hires very good personalities.
    Decent Health Insurance / mediocre 401k (3k match)

    Cons

    Management - So many young managers who have absolutely no idea on how to manage people. You have managers being 24-25 who are managing 3-4 people and they are absolutely clueless on what to do.

    Monotonous Work - Truly feels like a glorified call center. We schedule calls all day long, seriously this is actually a huge huge part of the job. You are constantly scheduling calls, figuring out what times work for 2 different parties, rescheduling when one fails to show up.

    Average Salary & Poor Bonus Structure - Salaries are average, decent for out of college, but nothing crazy 52-56k. The bonus structure is terrible though, great employees receive very similar bonus to poor/average employees. Your bonus is almost fixed depending on where you stand in the hierarchy (Manager, VP, SVP, etc). Seems most individuals receive the same bonus, despite some of them being completely undeserving.

    High Turnover - I think this is largely due to the fact that when interviewing they claim you are going to be a "Research Professional" and assist in Hedge Fund/Private Equity research. In reality you are just scheduling calls for the analysts at these Hedge Funds/Private Equity firms.

    Summation - Even if you do progress and move up throughout the company the role is very much the same. You are constantly at the mercy of Hedge Fund/Ibank/PE analysts who want to speak to industry experts on a certain topic. Thus you find them and arrange a call between the industry expert and HF/IBANK/PE analyst. Morale seems to be very low when people are honest. The business is also having extreme difficulties growing, not sure where the future lies.

    Advice to Management

    Create a better work environment. Work is extremely repetitive and monotonous. Don't tell people they are going to be doing actually research with our investment analysts, this is a bold face lie.

  2. Extremely friendly staff and inclusive atmosphere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Analyst in Austin, TX
    Former Employee - Research Analyst in Austin, TX

    I worked at Gerson Lehrman Group

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    The team is everything. Weekly team lunches or other group activities.

    Cons

    The work is not mentally challenging.

  3. Helpful (1)

    Excellent Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Associate in Austin, TX
    Current Employee - Research Associate in Austin, TX

    I have been working at Gerson Lehrman Group full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The pros are that the company is filled with bright and driven people, good corporate structure, and excellent training program. Overall it provides an exciting package that allows employees a lot of responsibility quickly.

    Cons

    One of the cons is that GLG has a rigorous work environment, they demand a lot of you because they give you a lot of responsibility.

    Advice to Management

    Provide more advice regarding future options for moving up within the company.

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  5. Great Company, Better People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Research Intern in Austin, TX
    Former Intern - Research Intern in Austin, TX

    I worked at Gerson Lehrman Group as an intern (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The people are the best part about the company. The work could be tedious at times but it was incredibly satisfying working with the employees at the company.

    Cons

    I wouldn't say there are any cons, except maybe the repetitiveness of the interns work. Overall, still a wonderful experience

    Advice to Management

    The only thing I would suggest to management is to give more space for the interns to grow as professionals.

  6. Helpful (4)

    On GLG's CEO

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Gerson Lehrman Group full-time

    Approves of CEO
    Approves of CEO

    Pros

    It’s not uncommon to find sharp critiques of GLG’s CEO Alexander Saint-Amand on Glassdoor and I thought I’d take a moment to share my own view of his executive acumen. I have worked at GLG for three quarters of my professional life, in three different roles and for two different business units. Hopefully that breadth of experience carries some weight as folks evaluating GLG for prospective employment think about its leadership.

    Leadership or lack thereof in a CEO can manifest in any number of forms but the good ones are true to themselves. Introverts who try and make themselves something they’re not by engaging employees often in an attempt to “rally the troops” can come off clumsy and disingenuous. Extraverts who are content to focus inward on strategy, operations, capital structure and capital allocation might demotivate employees by robbing them of the chance to hear from their company’s leader.

    Alexander has an introverted executive style. There's no question. Critics would be well-served to keep in mind, though, that a good leader does not try to be something he or she is not. Give me substance over style every day of the week.

    Detractors would also do well to remind themselves that whatever contribution they are making to GLG, Alexander has likely done it. He’s been a Research Manager, he’s programmed Live Meetings, he’s sold, he’s raised money, and he’s seen the company through boom times and through a recession of historic proportions. And just like every other GLG employee, he’s both succeeded and he’s failed. He’d be the first to admit as much. Go ahead and talk to him some time about HighTable, about veering away from a professional services culture and stressing a technology one, about over-investing in business units that ultimately held less promise than established ones. If you want to criticize him on the merits, he’d love to hear from you. Really.

    And finally, to his credit, he’s evolved. He’s no longer so introverted. He’ll talk to any employee about the strategic direction of the company, about the culture of curiosity and learning he wishes to foster, about past mistakes. I’ll concede that some of the critiques of Alexander’s style one can readily view on Glassdoor, at one time, may have carried some merit. But nearly all of them are now dated. Alexander is firing on all cylinders at the moment, communicating effectively and often with employees, and doing so with a great deal of conviction around a strategy whose early returns look excellent.

    Cons

    Just posting CEO commentary for now

  7. Helpful (2)

    Building and flying the plane

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

    I have been working at Gerson Lehrman Group full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Brilliant colleagues in offices around the world who value the opportunity to support business leaders through every macro and micro challenge. Freedom to develop new approaches, test ideas, build and expand on a market-leading platform. The beauty of what GLG lies in the connections we form between people.
    More progressive employee policies (relaxed dress code, no max on vacation days, collaborative and open offices) have had a great impact on talent and recruiting.
    Direct access to very senior executives enables young talent to build very impressive professional networks.

    Cons

    Not suitable for someone looking for a highly structured, predictable corporate culture. Requires adaptability, autonomy, and a willingness to roll up sleeves to get things done. Air of secrecy among senior leadership creates unnecessary worry and stress.

    Advice to Management

    Increase transparency and interaction between senior leadership and employees. For a company of less than 1000 people, the mid-level and junior team members should have more exposure to the leadership. Also seek ways to lessen silos between business units.

  8. Great learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Research Associate in Austin, TX
    Former Intern - Research Associate in Austin, TX

    I worked at Gerson Lehrman Group as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Friendly team atmosphere between members of the team
    -Great guidance from mentors and team members throughout internship
    -Leadership is friendly to entire staff

    Cons

    -Work can get very repetitive
    -Lots of cold calling involved with the internship
    -Training isn't very personal and involves many members from different teams

    Advice to Management

    -Try some kind of mentorship program with the interns to engage them with company's vision

  9. Start-up culture with money to pay salaries

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

    I have been working at Gerson Lehrman Group full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Anyone has the ability to make an impact on day 1 of their job. Happy people, happy work environment. Good benefits.

    Cons

    Still trying to find their way...but that makes it exciting.

  10. Lack of hierarchy

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

    I have been working at Gerson Lehrman Group (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The lack of hierarchy at GLG is refreshing. It's easy to walk around and have no clue who is more senior and who is more junior. Everyone has the same "roll up your sleeves mentality". In New York, everyone sits together (literally) and there are no offices, so it's easy to feel like we're all on the same level playing field.

    Cons

    I realize this may be more New York specific.

  11. Helpful (3)

    Excellent launchpad for your next job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Development Associate in New York, NY
    Current Employee - Business Development Associate in New York, NY

    I have been working at Gerson Lehrman Group full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The firm offers interaction with very intelligent colleagues, a dynamic work environment, and a touch point to industries you might be looking to enter in your next role. Overall, its an interesting place to work.

    Cons

    The general strategy and direction of the firm are well intentioned, however, the implementation, organizational structure, and growth strategy are lacking. Heavy turnover due to lackluster salaries and no definitive career development wreck havoc on any continuity within various business units. Witnessed countless high caliber collegupges leave on a regular basis. Job descriptions are not reflective of roles, not even close. Overall, extremely unorganized as a business.

    Advice to Management

    A solution to the majority of the problems at GLG would be offered by addressing the employee retention and its underlying

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