Lehman Brothers - not much chance of promotion ... | Glassdoor
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"not much chance of promotion ..."

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

I worked at Lehman Brothers full-time (More than 5 years)

Pros

whilst the bank was running - times were good. good environemnt, good career ladder, good pay. not so anymore ...

Cons

the closing of the firm was a blow to the career prospects it offered, the career ladder collapsed. the pay stopped and things generally took a turn for the worse.

Advice to Management

don't ruin any more instituations ?

Other Employee Reviews for Lehman Brothers

  1. "Great place for a summer job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Investment Banking Summer Analyst in New York, NY
    Former Intern - Investment Banking Summer Analyst in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Lehman Brothers as an intern (Less than a year)

    Pros

    Interesting work, very good team.

    Cons

    Difficult time for the firm


  2. "Enjoyed my time there"

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

    I worked at Lehman Brothers full-time (More than 3 years)

    Pros

    Very good compensation, fair amount of autonomy from management, enjoyed most of the people I worked with. Ahead of other investment banks in promotion of women.

    Cons

    Too many lateral hires caused culture to be poorly defined; there were disparate values among employees.

    Advice to Management

    Too late now, but I would have suggested trying to grow more from within.

There are newer employer reviews for Lehman Brothers
There are newer employer reviews for Lehman Brothers

See Most Recent

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