Lehman Brothers Reviews

Updated June 28, 2015
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199 Employee Reviews

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  1. Lehman: Don't bother

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

    I worked at Lehman Brothers

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    While it existed, they did pay every 2 weeks, and they kept me employed for 13 years.

    Cons

    Lots of compensation was made in company stock which became worthless at bankruptcy. Yearly bonuses that were used as basis for "total compensation" included restricted stock which was values at grant price giving the false impression that we actually made more money than we did.

    Advice to Management

    Don't gamble my career away.


  2. Go in with your eyes open

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

    I worked at Lehman Brothers

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

    Pros

    The pace and environment are incredibly intense. The work itself is generally very interesting and challenging, with opportunities to learn and stretch yourself.

    Cons

    Your experience is largely determined by the small group of colleagues you work with on a daily basis. I had the misfortune of working with some of the most sociopathic, miserable, nasty people imaginable. The adage is true - if you want a friend on Wall Street, get yourself a dog.

    Advice to Management

    Senior management has enough to deal with right now - there's no doubt that the short-term out-for-myself-only greed greed greed factor has come home to roost.


  3. 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


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


  5. 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


  6. It is no longer around

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

    I worked at Lehman Brothers full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Was a good place to work while it lasted

    Cons

    Obviously risk control wasnt a strong suit


  7. Company is downsizing.

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

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

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

    Pros

    Not much. Firm is closing down as soon as they can.

    Cons

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

    Advice to Management

    Instill some culture, enable ideas even if you are closing the company.


  8. Helpful (1)

    Horrible management.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Servicing in Lake Forest, CA
    Former Employee - Loan Servicing in Lake Forest, CA

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

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

    Pros

    The pay was decent for the position.

    Cons

    Incompetent managers, some of which were dishonest and downright shady.

    Advice to Management

    It's too late to give advice to management. They will go out in a matter of a few years.


  9. Bad place to work in good exposure

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Tokyo (Japan)
    Current Employee - Project Manager in Tokyo (Japan)

    I have been working at Lehman Brothers full-time (More than a year)

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

    Pros

    Money, exposure is treacly good

    Cons

    Cut throught environment with ton of politics

    Advice to Management

    N/a


  10. Very Hierarchical structure, CEO & COO weren't honest with employees

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    An environment where you could learn a lot

    Cons

    Political environment made it difficult for people to be honest


  11. dba

    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers full-time (More than a year)

    Pros

    Top notch technology centric, looks good on your resume, salary

    Cons

    Weekend work, hectic and demanding . Consulting is better than full time.



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