Jefferies - Sink-or-Swim, Learned A Lot | Glassdoor
There are newer employer reviews for Jefferies
There are newer employer reviews for Jefferies

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Helpful (1)

"Sink-or-Swim, Learned A Lot"

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

Pros

- non-elitist culture
- high pay compared to peers at junior levels
- support from vp's for career advice, etc.
- access to client management unique for entry-level bankers

Cons

- cut-throat environment
- up or out
- no work-life balance. you will work around the clock and all weekend long, nearly every weekend
- staffing system is arbitrary
- staffing on fridays

Advice to Management

Improved communication would be appreciated during challenging economic times, especially regarding senior management departures and layoffs.

Other Employee Reviews for Jefferies

  1. Helpful (1)

    "Vice President"

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

    Pros

    strong growth opportunities, solid leadership, good opportunity to advance in career, good balance sheet, small company feel, good place to wrok

    Cons

    the company is growing very fast and there is sometimes not enough support on the back end. lots of work.

    Advice to Management

    keep focused on the goal of gaining market share in this strong market opportunity. keep the company appropriately staffed for growth.


  2. Helpful (1)

    "Room for improvement."

    Star Star Star Star Star
    • 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.

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

See Most Recent

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