Lazard "work life balance" Reviews | Glassdoor

Lazard Employee Reviews about "work life balance"

Updated Jan 8, 2020

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3.9
81%
Recommend to a Friend
94%
Approve of CEO
Lazard Chairman and CEO Kenneth M. Jacobs
Kenneth M. Jacobs
100 Ratings
Pros
  • "Interesting deal flow, great people to work with/ for, great learning experience(in 22 reviews)

  • "Really smart people, small enough that you feel like an important part of the team/company, but large enough to have great deal flow(in 17 reviews)

Cons
More Pros and Cons

Reviews about "work life balance"

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  1. "Great Experience, Decent Work Life Balance"

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

    I worked at Lazard full-time for more than a year

    Pros

    Experience is second to none in terms of analysts responsibility Better pay Decent Work-Life Balance

    Cons

    Company can be slow moving at times, lot of key dealmakers have left

    Advice to Management

    Make sure to pay and promote your talent so you don’t lose them

    Lazard2020-01-09
  2. "Okay work envrionment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - IT Help Desk Analyst in New York, NY

    I worked at Lazard for less than a year

    Pros

    Overall it was an okay work environment, nice people and location.

    Cons

    doesn't seem to really have good work life balance. Being a contract worker, it seemed difficult to see how to become full-time employed by the company.

    Lazard2019-07-09
  3. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY

    I have been working at Lazard full-time for more than a year

    Pros

    Great opportunities to learn and challenge yourself

    Cons

    No work life balance

    Lazard2019-04-09
  4. "Good place to start for 2 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Lazard for more than a year

    Pros

    • Learn a lot and quickly. • Get a good start in finance.

    Cons

    • No work life balance. • People are pretty much bros.

    Lazard2019-02-01
  5. "each group has very different culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lazard full-time

    Pros

    Decent work life balance and good culture among junior bankers

    Cons

    Needs to invest in employee retention

    Lazard2018-10-10
  6. "Okay"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - IT Analyst 
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Lazard full-time for more than 3 years

    Pros

    Great benefits and options for families.

    Cons

    Not a good work life balance. Favoritism

    Lazard2017-12-08
  7. Helpful (6)

    "Lazard Analyst Review - WARNING"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Lazard full-time for more than a year

    Pros

    - Undeniable that deal flow is good - Somewhat "prestigious" name in industry although not as great in recent years - Less pitch work than a lot of other places, but translates into more transaction work and longer, less predictable hours

    Cons

    - Hours are brutal, don't let anyone convince you otherwise, especially if you are a good analyst they will give you as much work as possible - Pay has been consistently below peers in terms of year-end bonuses - Exit opportunities are not as good as other firms on the street - Have shown very little initiative to improve work-life balance at the analyst level, especially relative to other firms

    Advice to Management

    Rather than playing catch up with other firms, take some initiative and try to make some meaningful improvements for analysts in terms of work life balance, equitable staffing and comparable compensation. Instead of just relying on the firm reputation and prestige, treat analysts well and you will be able to vastly improve recruiting, retention and overall firm culture.

    Lazard2017-12-04
  8. "Impressive but too much"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Anonymous Intern in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lazard for less than a year

    Pros

    Incredible work experience with brilliant team members. Hands on experience with wonderful takeaways and technical ability.

    Cons

    Hours and work life balance did not exist. Even as an intern I would not leave before 3am, and often stayed until 6 or 7. All weeks and holidays.

    Advice to Management

    More oversight of internship program and work life balance.

    Lazard2017-08-23
  9. "Good Culture/Bad Salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Business Analyst in New York, NY

    I worked at Lazard full-time for more than 5 years

    Pros

    -Good culture, smart people, decent management -Good work/life balance

    Cons

    -Low salaries compared to the industry -Old creaky tech with old creaky IT staff

    Advice to Management

    -Pay people what they're worth -Update your tech

    Lazard2017-07-09
  10. Helpful (1)

    "Analyst"

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

    I have been working at Lazard full-time

    Pros

    -live deal exposure -complex analysis -senior level exposure

    Cons

    -work life balance -very long hours -demanding MDs

    Advice to Management

    Continue to improve the culture, focus on retaining and valuing the junior talent

    Lazard2017-07-20
Found 32 reviews