Jefferies - Room for improvement. | Glassdoor
There are newer employer reviews for Jefferies
There are newer employer reviews for Jefferies

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Helpful (1)

"Room for improvement."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Trading Vice President in New York, NY
Former Employee - Trading Vice President in New York, NY
Doesn't Recommend
Approves of CEO

Pros

Jefferies is well positioned for a revovery in the financial services marketplace. Jefferies minimizes its exposure to risky business lines and proprietary trading, and is well capitalized to withstand downturns in the economy. As the market turns around, Jefferies will continue its leadership position as an independant and diversified investment bank and institutional brokerage, catering to small and mid-size firms.

Cons

Favoratism runs rampant at Jefferies. Hiring and promotions are based on who you know, not what you know. Many times, mid-level management stiffles communication because they are more interested in promoting themselves and their "cronies" rather than foster open communication, build trust and share knowledge between different groups.

Advice to Management

Senior management needs to implement 180/360 degree feedback. This way, management will realize which managers are being productive by addressing real business issues, and which are just playing politics.

Other Employee Reviews for Jefferies

  1. "Jefferies Group, no babysitting."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Associate in San Francisco, CA
    Former Employee - Research Associate in San Francisco, CA
    Recommends
    Approves of CEO

    Pros

    The culture breeds success through competition, provided the markets are cooperating of course. There is no stifling bureaucracy or 25 layers of middle management. The focus is on the bottom line, so you can focus on doing the best possible job without the typical corporate BS. If you do not want to be part of large, impersonal organization with bumbling management, its a great place to work.

    Cons

    You will not enjoy the "perks" of a typical corporate job, no gyms, very little training. If you are someone who needs a lifeline or a clear path to follow, instead of making your own path, then you may end up aimless.

    Advice to Management

    Set up systems allow your employees to move around within the firm. I felt it was easier to look outside the company for a new type of role than it was to look within the company - I ended up going to a company that is a competitor in an area that Jefferies is trying grow in.


  2. "Review"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at Jefferies full-time

    Pros

    Entrepreneurial and very friendly atmosphere

    Cons

    Lunch breaks are sometimes non existent

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

See Most Recent

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