Lehman Brothers

  www.lehman.com
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Lehman Brothers Reviews

Updated Jul 11, 2014
All Employees Current Employees Only

3.5 183 reviews

40% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(20 ratings)

64% of employees recommend this company to a friend

Review Highlights

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

  • Ahead of other investment banks in promotion of women(in 15 reviews)


Cons
  • Managers show no sympathy for junior people for working ultra long hours(in 18 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall(in 14 reviews)

183 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great people. Great culture. Strong development

    Anonymous Employee (Former Employee)

    ProsStrong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    ConsStock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to Senior ManagementContinue to invest in employee development. Continue to pursue growth opportunities.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Nice office, better managevent needed

    Anonymous Employee (Former Employee)

    ProsLocation, location, location. Office with beautiful views.

    ConsPoor management, disorganized from day one.

    • Culture & Values
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    Good experience at the time

    Investment Banking Analyst (Former Employee) New York, NY

    ProsGood culture/ reputation at the time

    ConsFirm took too much risk

    Advice to Senior Managementn/a

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Good - but no long term longetivity due to it being a company in administration

    Vice President (Former Employee) London, England (UK)

    ProsGreat work life balance and financial packet

    ConsI cannot present any cons to this company given that the company is winding down

    Advice to Senior ManagementNone to share

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    Good place to intern for a summer or two.

    Anonymous Employee (Former Employee) Jersey City, NJ

    ProsNice environment, great compensation. Hard Driving Environment but beneficial.
    Work location is great and the people treat each other like family.

    ConsLimited growth and limited work time frame. General lack of communication across departments.
    it seems like the more experienced members get little chance to grow with the focus on the lower staff.

    Advice to Senior ManagementListen to the little people, they will tell you how things can be improved.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • No Opinion of CEO

     

    Company is downsizing.

    Anonymous Employee (Former Employee)

    ProsNot much. Firm is closing down as soon as they can.

    ConsLow morale. Even if you want to do something good some old-minded folks will shut you down.

    Advice to Senior ManagementInstill some culture, enable ideas even if you are closing the company.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    it is over!

    Financial Consultant (Former Employee) Boston, MA

    Proslearned how to make money and appreciate savings

    Conscompany went down the drain. Know who is steering the ship!

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great while lasted

    Analyst (Former Employee) New York, NY

    ProsReputation was good until... you know

    ConsHours were not the best

    Advice to Senior ManagementStay in business

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Investment Banking

    Anonymous Employee (Current Employee)

    ProsGreat firm. It's a shame it went bankrupt.

    ConsNo major cons at all.

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    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Review

    Associate (Current Employee) London, England (UK)

    ProsGreat unique career experience, the bank invested a lot of time in their staff and the compensation was good. A lot of excellent people professionally and socially.

    ConsObviously the firm going into administration, the job could no longer be guaranteed and the workforce was wound down. This had a negative impact on the atmosphere.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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