Lehman Brothers Reviews

Updated March 20, 2015
202 reviews filtered by
  • Any Location
  • Any Job Title

Employee Reviews

Sort: Popular Rating Date
  1. Wonderful work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in Hong Kong (Hong Kong)
    Former Employee - Investment Banking Analyst in Hong Kong (Hong Kong)

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

    Pros

    Focused on a team effort and getting input from everyone involved

    Cons

    Slow in decision making at times

    Advice to ManagementAdvice

    Don't go bankrupt!

    Recommends
    Negative Outlook
  2. Awesome

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Operations Analyst in Mumbai (India)
    Former Employee - Operations Analyst in Mumbai (India)

    I worked at Lehman Brothers

    Pros

    A great company where "Vision Gets Built"

    Cons

    Too leveraged and improper risk management pratices

    Advice to ManagementAdvice

    Please listen to employees when they ring alarm bells

    Recommends
    No opinion of CEO
  3. Excellent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Developer
    Former Employee - Senior Developer

    I worked at Lehman Brothers

    Pros

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

    Cons

    People 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 ManagementAdvice

    Communication 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.

    Recommends
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. it was a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Administrative Assistant in Jersey City, NJ
    Former Employee - Administrative Assistant in Jersey City, NJ

    I worked at Lehman Brothers

    Pros

    everyone was a team and pulled together to get projects completed

    Cons

    some people didn't do their work.

    Advice to ManagementAdvice

    at times the groups were cliques and lots are favorites

    Recommends
    No opinion of CEO
  6. I miss Lehman Brothers

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

    I worked at Lehman Brothers

    Pros

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

    Cons

    Long Hours
    Hard to move up

    Advice to ManagementAdvice

    It was the best bank

    Recommends
    No opinion of CEO
  7. May she rest in peace

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

    I worked at Lehman Brothers

    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 ManagementAdvice

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

    Recommends
    No opinion of CEO
  8. Great place to work, will be there forever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Lehman Brothers

    Pros

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

    Cons

    Can'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 ManagementAdvice

    bGreat jon

    Recommends
    Approves of CEO
  9. Great firm; it's a damn shame...

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

    I worked at Lehman Brothers

    Pros

    Entrpreneurial spirit and team work were amazing. There was a real sense of ownership and can do spirit. People really worked for the good of the firm

    Cons

    It is a damn shame that senior management let the real estate group put so many bad assets on our balance sheet. I'm so proud to have worked there

    Advice to ManagementAdvice

    The president of the company should focus on the actual business and take feedback from the people in the trenches.

    Recommends
    No opinion of CEO
  10. 1 person found this helpful

    ONE FIRM - sad to see them go

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

    I worked at Lehman Brothers

    Pros

    Small group in California
    Really cooperative between different groups (research, investment banking, venture capital)
    Great access to research resources
    Great medical / dental / vision benefits
    AmEx dinner expenses for late work nights

    Cons

    Very long hours (fortunately with very smart, talented people)
    Lots of bureaucracy and red tape for many simple work processes
    Went bankrupt

    Advice to ManagementAdvice

    Maintain collaborative culture and openness

    Recommends
    No opinion of CEO
  11. Best place I ever worked. I'm heartbroken that it's over.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President Technology
    Former Employee - Vice President Technology

    I worked at Lehman Brothers

    Pros

    The culture was great. They hired the best and the brightest, and I worked with some of the most talented engineers and managers that I ever encountered. We were encouraged to take an entrepreneurial approach to our work in IT, and were rewarded for it when the system or app generated revenue or furthered the business' objectives.

    There was great opportunity to network thru several diversity groups. Training and education was encouraged and readily available. They fully supported work-life balance and work from home (job - permitting, of course).

    The work was hard, the hours were long, and the rewards were great. At the end of a day, I left the office exhausted and proud of what my team accomplished. It was the best 10 years of my working career. I met and worked with some remarkable individuals and established professional and personal friendships with people I will treasure, always.

    Cons

    Biggest downside: The bankruptcy. It is incredibly sad. Barclays should have been a silver lining, but sadly, the great things about Lehman and it's culture did not carry over after the acquisition.

    Advice to ManagementAdvice

    I'm with you in wishing the clock could be stopped or rolled back to before the collapse. I wish it could have gone on forever.

    Approves of CEO

Lehman Brothers Photos

Work at Lehman Brothers? Share Your Experiences

Lehman Brothers

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.