Bear Stearns Reviews | Glassdoor

Bear Stearns Reviews

Updated March 2, 2017
76 reviews

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76 Employee Reviews

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Pros
  • Great people a lot of room for mobility (in 5 reviews)

  • Teamwork was excellent and there were lots of really smart people until they starting turning (in 5 reviews)

Cons
More Pros and Cons

  1. "Great place to work"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Smart and dedicated people. Great experience.

    Cons

    Lower salary compared to its peers.

    Advice to Management

    Should have done a better job


  2. "Once upon a time, it used to be a great place to be...."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Recommends
    Disapproves of CEO

    Pros

    The atmosphere was great. I loved to be around my co-workers. The job rewarded me as much growth as I wanted. I was given much responsibilities that people of my same age could not imagine. Although, things turned south starting last summer, I did miss my tenure with Bear prior to that.

    Cons

    I think the pay is on the lower side of the Wall Street pay scale. Management is very capable but needs to pay better severance for the people they decide to get rid of. In addition, there is not much professional support network that promotes growth and advancement for young professionals.

    Advice to Management

    Need to compensate your talents better.


  3. "Bear Stearns was a great place to work but too bad it does not exist anymore"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY
    Disapproves of CEO

    Pros

    Great advancement in the industry, lots of learning, steep learning curve if you like that. Everyone told me that investment banking was the way to go and I can definitely see why. You learn so much and a lot is expected of you right from the start. You are surrounded by very very very smart people and you can learn a lot from them too. Then there is also the pay. You get paid a lot for the hours that you put in and it looks amazing on your resume to have a company like this on there to speak for you.

    Cons

    The fact that you really have no time for your family and friends really takes a toll on your lfestyle. I was only an intern there but I didn't have much of a chance to see people I cared about or work out.

    Advice to Management

    Give more feedback to junior people.


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  5. "Great first job"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    No opinion of CEO

    Pros

    The people make great co-workers and has a small firm feel. The parties weren't cheezy corporate but fun, that you wanted to be apart of.

    Cons

    It reminded me of the t.v. show, Mad Men, when men had certain bigger roles and woman reported to the men. All men are brokers and all woman are sale assistants, period. The sales assistants don't have much room for career growth and at times, don't feel as appreciated as they should. There is also very little diversity regards to race.

    Advice to Management

    Be more connected with lower assistants as they might have more influence than you think.


  6. "Was a great Place to work. Shame what happened with JPMorgan and all."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Family atmosphere and a great team spirit..we worked for each other not simply for the firm.

    Cons

    Lack of liquidity. Run on the bank.

    Advice to Management

    Cash is King.


  7. "Satisfactory"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Approves of CEO

    Pros

    Competetive salaries. Great place to be a front office technologist

    Cons

    Culture needs a little tuning.
    Communication across tech teams not smooth enough( siloed )


  8. "A very good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bear Stearns full-time (More than 3 years)

    Pros

    They were very friendly
    Good support networks

    Cons

    Very agressive style
    Eat or be eaten

    Advice to Management

    They could be more friendly and involved


  9. "Analyst at Bear"

    Star Star Star Star Star
    • 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
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Bear Stearns full-time (More than a year)

    Pros

    Entrepreneurial, Fast paced, hard working, competitive

    Cons

    Hours, Fast paced, hard working, competitive


  10. "decent place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Bear Stearns full-time (More than 3 years)

    Pros

    Good working env
    Very professional staff
    Good technology investments

    Cons

    bureaucracy at its best
    poor planning

    Advice to Management

    None


  11. "Great place to work, sad to see it go........"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in San Francisco, CA
    Former Employee - Managing Director in San Francisco, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bear Stearns full-time (More than 10 years)

    Pros

    Terrific, dedicated professionals. It was a joy working with some of the brightest minds in the industry. I miss the professionalism at all levels of the firm.

    Cons

    Tough, brutal business. Long hours and zero work-life balance. Not a place for single parents or anyone wanting an outside life.



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