Jefferies & Company Reviews | Glassdoor

Jefferies & Company Reviews

Updated April 20, 2017
257 reviews

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257 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 11 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 18 reviews)

More Pros and Cons

  1. "SVP Fixed Income Sales"

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

    I worked at Jefferies & Company full-time (More than 10 years)

    Pros

    High Energy, High Tempo environment

    Cons

    Typical weak senior management that spends most of the time in CYA mode

    Advice to Management

    Stop listening to dept heads and talk to the troops


  2. "SVP Head of Client Services & clearing technology"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President Head of Client Services in Chicago, IL
    Former Employee - Senior Vice President Head of Client Services in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    I worked at Jefferies & Company full-time (More than 3 years)

    Pros

    I was part of futures division. For the most part Jefferies sr. mgt let us grow the business.

    Cons

    They didn't understand our business and ultimately withdrew from it. they kicked our division out in 2015

    Advice to Management

    learn the business before you invest in it.


  3. "Could be a great place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - VP-Trading in New York, NY
    Current Employee - VP-Trading in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great people to work with in certain pockets of the firm. Not lots of extraneous layers of management. Generally a "shoot first, ask questions later" mentality. Great place for self-starters.

    Cons

    Zero firm-wide culture despite Rich & Brian's monthly, repetitive newsletter. High turnover and "celebrity" hires means that culture will never be formed. Since LUK acquisition, R&B much less visible and much less in touch. Unlike the big banks, senior managers and less senior managers are rarely moved or exposed to other areas. Accordingly, the next layer of executives will never come from the inside, making development of culture not possible. Mentoring is non-existent unless someone happens to take you under their wing. Loss of investment-grade rating will mean either game-over, or acquisition by a foreign bank.

    Advice to Management

    Understand the the most important assets ride the elevator every day. Either you're in this for the long haul or you're not. Markets are tough...this is where we should be shining and growing as others pull back. Don't try to be something we're not. Forsaking middle market opportunities (like the big banks are doing) is not a smart strategy in this environment. Think 2008-2009.


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  5. "Good"

    Star Star Star Star Star
    • 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

    Pros

    Experience was great, learning from some very knowledgable colleagues who push you to work your butt off. Crazy work schedule

    Cons

    Face time is a must which in my opinion is the worst part about this job. Sometimes it is slow and you need to stick around late


  6. "Investment Banking Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in Boston, MA
    Former Employee - Investment Banking Analyst in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good, client-driven firm culture
    Growing firm with a strong value proposition in the middle market
    Talented people and great co-workers

    Cons

    Brutal work schedule - 80 to 100 hour weeks were routine
    High degree of turnover, which is common in investment banking

    Advice to Management

    Keep up the progress of distinguishing brand over last 10 years


  7. "Fantastic Firm"

    Star Star Star Star Star
    • 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

    Pros

    Strong commitment to excellence, hard working individuals

    Cons

    long hours and some times unnecessary work


  8. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    Up and coming firm gaining a lot of market share. Hiring a lot of strong senior level bankers. Unconstrained by new regulatory environment.

    Cons

    Very intense and political environment. Getting on the right team is important. Brand name is ok, but lags some peers. Compensation is in-line with the street but never above.

    Advice to Management

    Focus on making it less political for junior bankers. Continue to encourage lean and hungry environment. Pursue some of the quality of life enhancements that other banks have been implementing.


  9. "Average"

    Star Star Star Star Star
    • 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
    Positive Outlook
    Approves of CEO

    I have been working at Jefferies & Company (More than a year)

    Pros

    Good work culture, matrix organization

    Cons

    slow learning, politics and disorganized


  10. "Avoid IB IT at all costs"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Developer in New York, NY
    Former Employee - Developer in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Jefferies & Company full-time

    Pros

    I guess already having worked there, the only pro I see is *just knowing* to what extent another human being (IB IT mgmt) will go to make you feel awful so the older guy can keep his job.

    Cons

    IB IT mgmt are sharks and they'll eat you alive (or at least it'll feel that way) if you don't know in detail the answer to whatever question they may have, to their liking. And they'll have tons of them.

    Advice to Management

    Don't let anyone hijack the supporting part of your IB business (IT). I swear I have no idea how you'll do that, but right now the talent isn't there. There are guys who like being paid and toying with web tricks.


  11. "Good bank to work for, but still banking!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Second Year Associate in New York, NY
    Current Employee - Second Year Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Lots of responsibility
    Growing Platform
    Highly intelligent senior bankers to work for

    Cons

    extreme hours
    lack of visibility for when you can take time off, and then you feel guilty taking the time off as if you did something wrong



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