Jefferies - bad experience, not only did they lie about the amount of interns that would be converted, but they took extra time | Glassdoor
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There are newer employer reviews for Jefferies

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"bad experience, not only did they lie about the amount of interns that would be converted, but they took extra time"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Summer Analyst - Fixed Income Sales & Trading in New York, NY
Former Employee - Summer Analyst - Fixed Income Sales & Trading in New York, NY
Doesn't Recommend
Disapproves of CEO

Pros

not many ----pay is at least in line with other firms

Cons

just for everyone's reference in the future ---probably should try to stay away from jefferies for summer internships---at least for trading
in fixed income they told us they would be hiring 70 to 80% of the analysts for the program----then even on the last day of the internship they told us they would hire 6 or 7 of the 10 interns----

to make matters worse, not only did they take an extra 3 weeks then they were supposed to to give offer decisions----but they only hired 2 people----

furthermore, the program is extremely unstructured---theres no formal training---and the whole mentality among people there has nothing to do with giving an intern a positions---there's no mentorship program---the EM desk literally told us from the start that they only hire people with experience---the advice is to stay away coming from someone that had offers at multiple BB programs and ended up obv. not getting an offer....

ranting because i just saw a video on their new careers site with their head of FI saying how they are now focusing on building internally via hiring junior people----when that is a bunch of crap (at least for fixed income)

extremely unprofessional HR treatment

Advice to Management

get the intern program more organized---don't mislead kids into taking a position with the firm when there's an extremely small chance of getting hired----build a training program--support and have HR honor a date of commitment

Other Employee Reviews for Jefferies

  1. "Growing firm with growth opportunities"

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

    Pros

    This is a growing firm with many career opportunities. The work/life is challenging, but similar to other banks. In general, the quality of the people is excellent.

    Cons

    Since it's a new Company, many issues, like sharing information between groups has not been fully resolved. Also, the hours can be long for people not used to investment banking.

    Advice to Management

    Very strong leadership that's built the business from scatch.


  2. Helpful (1)

    "Very small company with an even smaller budget"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    No opinion of CEO

    Pros

    Free coffee. Location, location, and location.

    Cons

    Jersey City location - Office enviroment too small. No bathroom on first floor. Must use bathroom in restaurant.

    Advice to Management

    One one hand almost everyone gets two monitors but on the other hand the most you afford for a stapler is $2.00.

There are newer employer reviews for Jefferies
There are newer employer reviews for Jefferies

See Most Recent

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