Jefferies Reviews | Glassdoor

Jefferies Reviews

Updated December 15, 2017
297 reviews

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297 Employee Reviews

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Pros
  • Allowed work life balance, but when needed it can be any hour (in 12 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. Helpful (6)

    "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.


  2. Helpful (1)

    "Client Associate"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies full-time

    Pros

    Well established company with lots of opportunity

    Cons

    Dry work environment, bad management

  3. Helpful (1)

    "Great, dynamic place to work"

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

    I worked at Jefferies full-time

    Pros

    Amazing management, nice building and location, good benefits

    Cons

    Don't work for the small division business that mgmt may want to shed. They are small and quick to divest of whatever isn't sexy anymore

    Advice to Management

    Create employment mobility programs to retain talent


  4. "Healthcare Investment Banking Analyst"

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

    I worked at Jefferies full-time (More than a year)

    Pros

    It is a great learning experience and a great way to learn about the industry. Also, depending on your group, the pay could make it worth it.

    Cons

    The biggest con is the typical issues that people have with investment banking. The hours are terrible and you have basically no life.


  5. Helpful (6)

    "Worst place I have ever worked"

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

    I worked at Jefferies full-time (More than a year)

    Pros

    Good location - midtown Manhattan

    Cons

    Usually you'd think a trading unit would reward people based on performance, however that's not the case there. Firing the hardest working people without notice, fine. But paying 1-mon not even compensating for unused vacation is too low.

    Advice to Management

    None since management never listens to employees.


  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)

    "Desktop Support"

    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 (More than a year)

    Pros

    Great benefits. Lots of perks. competitive salary

    Cons

    Management outsourced our team to 3rd party company. lost all worthwhile perks and benefits.

    Advice to Management

    Worry less about the year to year budget and look at how these rash short term decisions affect the company long term.

  8. "Worth Looking Into"

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

    I worked at Jefferies full-time

    Pros

    Some good people, dynamic environment and small enough where you can get access to anyone. Decent product and focused on market share.

    Cons

    They seem to be building out and recovered from management disarray at the time which significantly hurt culture and counter-party trust.


  9. "Reservoir Engineering Consultant"

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

    Pros

    High pay and bonus, runs my own project/deal. Get to meet a lot of people from different companies in the industry. Great for networking.

    Cons

    No benefits since I am a consultant. Work/life balance is not that great.


  10. Helpful (6)

    "Rough culture"

    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

    I worked at Jefferies full-time (More than a year)

    Pros

    Small, very entrepreneurial, with ambitious mindset. Still a dominant force in trading and certain IB industries, but trying to punch above its weight elsewhere is counterproductive.

    Cons

    Brutal culture. Juniors get crushed and simply use it as a stepping stone elsewhere. High MD turnover. Constantly over promise and under deliver.

    Advice to Management

    Walk the talk & share the wealth.


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