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Jefferies Reviews

Updated January 15, 2018
302 reviews

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3.4
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Jefferies Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
157 Ratings

302 Employee Reviews

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Pros
  • Allowed work life balance, but when needed it can be any hour (in 13 reviews)

  • Great exposure, lots of responsibility and not as stressful as many other IBs (in 8 reviews)

Cons
  • work/life balance varies from tolerable to non-existent (in 19 reviews)

  • Heavy workload and long hours, but nothing bad (in 22 reviews)

More Pros and Cons

  1. "Good pay, long hours, decent culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Jefferies full-time

    Pros

    Access to management, lots of responsibility, rewards talent

    Cons

    Poor work life balance, long hours


  2. "VP"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Jefferies full-time

    Pros

    Very corporate environment. Smart and professional people

    Cons

    Some of the junior bankers are here for short period of time and leave.

  3. Helpful (2)

    "Poor Investment Banking Analyst Program"

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

    I have been working at Jefferies full-time (More than a year)

    Pros

    - Greater work responsibilities as an analyst helps faster skill-set development
    - Not a cutthroat environment among junior team members

    Cons

    - Poor communication between MDs down the chain, resulting in VPs and SVPs creating unnecessary and time-consuming work
    - Virtually no client interaction for junior team members (associates & analysts)
    - Lack of mentorship / leadership from senior team members to analysts
    - Waste time on unrealistic pitch ideas to legacy leaders while failing to identify promising lower-profile opportunities for future deal pipeline
    - Human Resources for Investment Banking unhelpful - when employees bring issues to their attention, HR has often blamed employees instead of exploring issues raised
    - Homogenous workforce with little to no attempt at improving diversity

    Advice to Management

    - Develop stronger MD / SVP to Analyst relationship through mentorship program (not just one-off events)
    - Encourage teams to incorporate more junior client interaction
    - Stronger female recruiting effort / Develop minority recruiting program (there is none)


  4. Helpful (1)

    "Senior Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Jefferies full-time (More than 5 years)

    Pros

    All cash bonus and midtown NYC office location

    Cons

    Claw back feature is restrictive


  5. Helpful (1)

    "Stay away!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Jefferies full-time (More than a year)

    Pros

    Bank has started to compete with the bulge brackets.

    Cons

    Where to begin... this bank has a terrible culture and completely disregards the well-being of analysts/associates. I have even heard managing directors joke about how they overwork and do not know the names of their own employees. Absolutely no career development/mentorship. Everyone is out for themselves. Managing directors consistently lie to clients (this is very well known on the buyside).

    Advice to Management

    Stop fostering a culture of unethical practices. This "run" can only last for so long.


  6. "A nice job on Wall Street"

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

    I have been working at Jefferies full-time (More than 5 years)

    Pros

    Flat organizational structure, easy access to senior management, lots of client exposure, growing firm with tons of opportunity, exciting place to be since we are moving up market

    Cons

    Always trying to compete with the bulge bracket, which is tough especially on balance sheet. Many senior bankers are not open to change.

    Advice to Management

    Make the upward review process better


  7. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Jefferies full-time (Less than a year)

    Pros

    Very nice people, good work life balance very nice culture

    Cons

    People need to be promoted more easily

    Advice to Management

    Invest in your staff, pay them well

  8. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies (More than 8 years)

    Pros

    Allowed work life balance, but when needed it can be any hour

    Cons

    no real growth, senior management are lifers


  9. "Cool"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nothing at all this sucked so badly

    Cons

    Everything not good at all for starters


  10. "Good"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great Company and growing as well

    Cons

    Be prepared for some long hours


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