Lehman Brothers Reviews

Updated July 23, 2015
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4.2
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Recommend to a friend
Approve of CEO
Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
24 Ratings

Pros
  • Great work life balance and financial packet (in 14 reviews)

  • great people, gave lots of responsibility early on (in 8 reviews)

Cons
  • Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies (in 20 reviews)

  • too big that you are not noticable to senior management (in 15 reviews)

More Pros and Cons

200 Employee Reviews

Sort: Popular Rating Date
  1. nice

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

    I worked at Lehman Brothers

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

    Pros

    friendly environment, good pay for intern

    Cons

    company is bankrupt, no opportunity to grow


  2. Great place

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    great place great place great place

    Cons

    none none none none none

    Advice to Management

    not necessary


  3. Programmer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    IT was located in the heart of manhattahan. The employees had good pay and good 401(k) . People were engaging & involved

    Cons

    Due to over commitment of projects there were long hours spent at work. Too much work and too little people.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great place to work

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

    I worked at Lehman Brothers

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    nice bonus..great people to bad it went under

    Cons

    top heavy management style hard to overcome

    Advice to Management

    thin out the crowd


  6. All was perfect

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

    I have been working at Lehman Brothers

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Super puper bank it is amazing

    Cons

    The one of the best financial conglomerats in the wrold

    Advice to Management

    To be seriuos, observant and smart


  7. The ending does not always define the journey

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

    I worked at Lehman Brothers full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Amazing culture, Talented & Professional Employees, Opportunities for Advancement, Competitive Compensation

    Cons

    There was obviously a lot going on that the majority of the organization was not aware of

    Advice to Management

    Don't tell your employees to buy stock when you're going under


  8. Lb review

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

    I worked at Lehman Brothers

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Professional, quick paced, amiable atmosphere

    Cons

    Not there any more. Sadly it is bankrupt

    Advice to Management

    To take risk management more seriously


  9. Analyst

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

    I worked at Lehman Brothers

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

    Pros

    Good Compensation Worked with many smart people Ability to grow within the firm Ability to be promoted Great training program

    Cons

    extremely long hours often felt like a cog within a wheel lots of travel often senior employees were to busy to provide advice


  10. Alvarez and Marsal didn't want the advice of the former Lehman employees

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

    I worked at Lehman Brothers

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

    Pros

    There was plenty of opportunity to take on a lot of responsibility and learn.

    Cons

    Alvarez and Marsal management is not knowledgable in the finance industry.

    Advice to Management

    Consider the creditors as well as the P & L


  11. IT Analyst

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

    I worked at Lehman Brothers

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

    Pros

    Very smart helpful people. I was lucky to meet some outstanding people of the industry

    Cons

    nothing bad really to say anything

    Advice to Management

    No advise



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