Jefferies & Company Reviews

Updated August 27, 2014
Updated August 27, 2014
102 Reviews

3.1
102 Reviews
Rating Trends

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Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
68 Ratings

Review Highlights

Pros
  • Solid deal flow in San Francisco (in 5 reviews)

  • Excellent IT to work with, good HR profile, great people to work with (in 5 reviews)


Cons
  • Work life balance is slightly worse than at other major banks for similar compensation (in 9 reviews)

  • Long hours and heavy responsibilities (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great if you get a contract

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

    I worked at Jefferies & Company full-time for more than a year

    Pros

    - Pays some people very generously
    - Great people: intelligent, good energy

    Cons

    - Pays some people very poorly
    - Quick to cut any sectors that underperform
    - Management strategy changed frequently

    Advice to ManagementAdvice

    - Stop trying to be bulge bracket

    No opinion of CEO
  2. 4 people found this helpful  

    Losers

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

    I worked at Jefferies & Company full-time for more than 5 years

    Pros

    I have no pros for this company.

    Cons

    dropped me after 5 years with no severance pay. Said i was at least going to get health insurance for another month and tried to screw me on that also.

    Advice to ManagementAdvice

    Quit thinking you are goldman sachs, you're not.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Vice President

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

    I worked at Jefferies & Company full-time for more than 3 years

    Pros

    excellent place to work. great people. results focused. great culture. Compensation is at market or above.

    Cons

    focused on profit generation so probably better come in here at more senior level - not super focused on training resources.

    Advice to ManagementAdvice

    keep on doing what you have been doing

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Firm is in a good position, probably a bit too much hype

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

    I worked at Jefferies & Company as an intern for less than a year

    Pros

    People generally very understanding, hours very reasonable for investment banking, senior leadership very approachable (would sit in VP+ offices, calls, etc.), not too much cutthroat competition

    Cons

    Deals after fairly small, spent a lot of time chasing down <$1B deals. A lot of pitching. A bunch of very senior people from other firms who aren't used to working in a lean environment. Budget cuts seem random

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Associate

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    Small team, ability to make an impact

    Cons

    More work than other banks

    Advice to ManagementAdvice

    Pay more

  7. 1 person found this helpful  

    Foster City Office / Tech Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company for less than a year

    Pros

    Good opportunity to do IBD in tech... you can lateral to a bulge or have a shot at joining tech from the investing/biz dev side. Office has nice views of the man-made lake in Foster City, - first-row seats to the July 4th fireworks.

    Cons

    Punishing work culture with unfriendly senior management, even by IBD's standards. Extremely high turnover among analysts and associates... even Jefferies NYC guys are surprised.

    Advice to ManagementAdvice

    Don't drive your juniors so hard, and say hello to them once in a while.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Trying to play in the big leagues. An Ok place to work for Equity research

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

    I worked at Jefferies & Company full-time for more than 8 years

    Pros

    Aggressive culture. Jefferies has been trying to gain market share away from some of the larger players. They have been trying to hire away talent from some of the bigger shops such as UBS and Morgan Stanley by luring people with 2 year guarantees. Not sure if this model is sustainable if they don't generate enough revenues through these new hires.

    Cons

    Hours could be long. Sales can get demanding at times. Year end review process is relatively opaque. There is a push to get analysts II ranking, which means a ton of outbound phone calls (500+) every month. This activity among others is tracked internally.

    Advice to ManagementAdvice

    Listen to what the employees are saying. Don't rush to get too big too soon.

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Good

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

    I worked at Jefferies & Company full-time for more than 5 years

    Pros

    it is still a small company

    Cons

    it is getting big company politics

    Advice to ManagementAdvice

    start a track for advancement of techies who don't want to get into management

    Positive Outlook
    Approves of CEO
  10.  

    Rigorous, but learned a great deal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    - Smaller firm, work directly with MDs
    - High responsibility

    Cons

    - Long hours (60-100/week)
    - Stringent management and demanding teamwork

    Advice to ManagementAdvice

    Reviews on a more frequent basis

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Growing Company, Poor Timing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate  in  Boston, MA
    Current Employee - Sales Associate in Boston, MA

    I have been working at Jefferies & Company full-time for more than a year

    Pros

    Very Flat organization and Leadership is surprisingly transparent
    Avoided many of the investment mistakes that sank competitors in the industry
    Some of the best people I have ever worked with in my career

    Cons

    No clear processes regarding career development.
    If you don't find a strong niche for your skills and talent, you will be passed over.

    Advice to ManagementAdvice

    Finds ways to instill a stronger sense of culture and values
    Invest in ways to formalize hiring and career development

    Neutral Outlook
    Approves of CEO

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