Jefferies Reviews | Glassdoor

Jefferies Reviews

Updated June 8, 2017
110 reviews

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Current Employees

3.7
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Jefferies Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
59 Ratings

110 Employee Reviews

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Pros
  • Great people to work with in certain pockets of the firm (in 13 reviews)

  • Dynamic, aggressive company with an appetite to become a far bigger player in the investment banking world than they currently are (in 12 reviews)

Cons
  • work/life balance varies from tolerable to non-existent (in 17 reviews)

  • Hours can be really brutal, it is a sweatshop to a degree but then again it is investment banking (long hours are to be expected) (in 19 reviews)

More Pros and Cons

  1. "Managing Director"

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

    I have been working at Jefferies full-time (More than 10 years)

    Pros

    Jefferies is one of the only remaining full service investment bank that has a powerful culture and a mission statement employees truly believe in. In an industry where compensation is similar wherever you go, culture, ownership and pride in your firm is the difference maker for employees and ones clients.

    Cons

    It is currently a cyclically challenged business.

    Advice to Management

    do all you can to sustain this powerful culture


  2. Helpful (2)

    "Meh - it's OK, could be worse"

    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
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Jefferies full-time (More than 10 years)

    Pros

    Collegial atmosphere, mostly pleasant people.

    Cons

    Awful IT organization - internal applications and IT support are terrible.

    Advice to Management

    Stop trying to be a bulge bracket firm without the resources.

  3. Helpful (1)

    "Associate"

    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
    Neutral Outlook
    No opinion of CEO

    I have been working at Jefferies full-time

    Pros

    The community and camaraderie among peers is very strong

    Cons

    Company has been downsizing and outlook is murky


  4. "Scrappy culture"

    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
    Positive Outlook
    Approves of CEO

    I have been working at Jefferies full-time (More than 3 years)

    Pros

    Interesting projects and opportunities with less well-known firms

    Cons

    Not the greatest resume builder

    Advice to Management

    Grow the business and compensate commensurate to value added


  5. Helpful (4)

    "Soul sucking management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Can't Say - Too Obvious in New York, NY
    Current Employee - Can't Say - Too Obvious in New York, NY
    Neutral Outlook
    Disapproves of CEO

    Pros

    Smart and talented staff, although the more recent hires are a cut below

    Cons

    Even for Wall Street mgmt seems to have little regard for it's top performers
    Flavor of the day politics are more important than profitability
    Very short term focus
    If you are one of Rich and Brian's guys then you can do anything, if not then it depends on day to day how you stand
    Super aggressive retention stock policy

    Advice to Management

    Let the people running their departments do their job and stop the Monday morning quarterbacking. If a group is making money or losing money it is not always a reflection of their talent or dedication. There is a huge tendency for management to look at the short term results in our business groups and not look at the landscape of how the business will change going forward.
    Also cut the sanctimonious PR stuff about "partner employees" - it does more harm than good.


  6. Helpful (3)

    "Equity Sales and Trading"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Equity Analyst in New York, NY
    Current Employee - Equity Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Work with very smart people
    Small and entrepreneurial culture
    Very steep learning curve
    A lot of responsibility
    Great place to start career in finance

    Cons

    Stress
    Long hours
    Very high expectations
    Limited upward mobility
    Can be a difficult work environment for a young person


  7. Helpful (1)

    "Cart staff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Cart Staff in Youngsville, LA
    Current Employee - Cart Staff in Youngsville, LA
    Doesn't Recommend
    Positive Outlook

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

    Pros

    The golf course is a very good place to work you have a lot of fun at the job and you get to play free golf

    Cons

    It is very hot outside and there are crapy hours

    Advice to Management

    Raise the pay if you work there for a year or so

  8. "Helpdesk Analyst second tier"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - IT Helpdesk Analyst in Garfield, NJ
    Current Contractor - IT Helpdesk Analyst in Garfield, NJ
    Doesn't Recommend
    Negative Outlook

    I have been working at Jefferies as a contractor (More than 3 years)

    Pros

    Flexible Schedule. working with different regions world wide.

    Cons

    contract was over before it's time. Sold after we were told there was an extension. No growth. No concerns with employees inputs and concerns. Low pay

    Advice to Management

    Take employees concerns and imput more serious


  9. "Corporate Services"

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

    Pros

    Location is convenient, relaxed and friendly environment, remote working a plus.

    Cons

    Outdated end-user technology, if you are lucky enough to be given laptop it will be at least 3-4 years old and a brick. Corporate applications do not perform the functions required, managers are out of touch with the minimum industry standards to achieve work quality. They bleed their vendors and have no spend strategy.

    Advice to Management

    Refresh everything... and join everyone else in 2016.


  10. "Consultant"

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

    I have been working at Jefferies as a contractor (More than 5 years)

    Pros

    There are some good people that are very motivated to do good work. I enjoy my work experience here.

    Cons

    The business has outgrown the leadership, and yet the leadership believes that they are still the smartest guys in the room.


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