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)

More Highlights
183 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    My brief stint at Lehman Brother

    Operations Analyst (Former Employee) New York, NY

    ProsI was in the Operations Analyst program for the full 2 years and it was a great program. We were given books and classes about various financial topics, there were always networking events, and there was a solid structure for moving into a management role after the program was finished.

    ConsSome of the program was disorganized, but that's it.

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

     

    Work FOrce

    Anonymous Employee (Former Employee)

    ProsCulture was really good to work

    ConsCompany is no more in business

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

     

    It was a great firm to work for

    Analyst (Former Employee) New York, NY

    ProsManagement listened.
    Stuff got done.
    Bureaucracy was minimized.

    ConsThey levered up on real estate and went bankrupt.

    Advice to Senior ManagementDon't bet the entire firm on the views of three people and keep it a secret from your employees.

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

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

     

    Wonderful work culture

    Investment Banking Analyst (Former Employee) Hong Kong (Hong Kong)

    ProsFocused on a team effort and getting input from everyone involved

    ConsSlow in decision making at times

    Advice to Senior ManagementDon't go bankrupt!

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

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Awesome

    Operations Analyst (Former Employee) Mumbai (India)

    ProsA great company where "Vision Gets Built"

    ConsToo leveraged and improper risk management pratices

    Advice to Senior ManagementPlease listen to employees when they ring alarm bells

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Excellent

    Senior Developer (Former Employee)

    ProsSuperb work environment, excellent culture, pay master. Have opportunities to grow. It is one of the best companies to work with.

    ConsPeople seeking onsite opportunities will be disappointed as they don't have much. Moreover, you can't think of long term onsite opportunities, as they had setup business in India to reduce cost.

    Advice to Senior ManagementCommunication should be more clear and less risk should be taken by the management. Moreover, employees should be given stock option which can be en cashed soon.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    it was a great place to work

    Administrative Assistant (Former Employee) Jersey City, NJ

    Proseveryone was a team and pulled together to get projects completed

    Conssome people didn't do their work.

    Advice to Senior Managementat times the groups were cliques and lots are favorites

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    I miss Lehman Brothers

    Executive Assistant (Former Employee) New York, NY

    ProsGreat Benefits ,Great Culture,Diversified. I enjoyed management and the company was very laid back

    ConsLong Hours
    Hard to move up

    Advice to Senior ManagementIt was the best bank

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    May she rest in peace

    Anonymous Employee (Former Employee)

    Pros-Extremely fast-track in terms of compensation growth
    -Strong encouragement to learn and gain certifications
    -People who work there were the best part of Lehman

    Cons-Work can become monotonous after the learning curve levels
    -Working with demanding clients can be challenging
    -Tough to move from mid/back-office to front-office roles

    Advice to Senior ManagementProvide more open lines of communication from the trenches so that ideas flow more readily. This will facilitate process improvements, etc...

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to work, will be there forever

    Analyst (Former Employee)

    ProsVery good management who dont like to take a lot of risk. Conservative and honest people who are always upfront with everyone.

    ConsCan't really think of any. They never chase Goldman or the other investment banks. They are just focused on being the best they can be while doing it with tons of integrity.

    Advice to Senior ManagementbGreat jon

    Yes, I would recommend this company to a friend

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