Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated April 24, 2017
241 reviews

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241 Employee Reviews

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Pros
Cons
  • long hours, high-stress work environment (in 25 reviews)

  • too big that you are not noticable to senior management (in 16 reviews)

More Pros and Cons

  1. "The ending does not always define the journey"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in New York, NY
    Former Employee - Financial Analyst in New York, NY
    Recommends
    Neutral Outlook

    I worked at Lehman Brothers full-time (More than 3 years)

    Pros

    Amazing culture, Talented & Professional Employees, Opportunities for Advancement, Competitive Compensation

    Cons

    There was obviously a lot going on that the majority of the organization was not aware of

    Advice to Management

    Don't tell your employees to buy stock when you're going under


  2. "Really enjoyable, relaxed environment, helpful co-workers - for the most part the office is stress free."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Intern in Jersey City, NJ
    Former Employee - Tax Intern in Jersey City, NJ
    Recommends
    Neutral Outlook

    Pros

    Solid hours and pay, helpful and approachable senior management

    Cons

    Company won't be in existence for the foreseeable future, not a lot of upward mobility within this workplace.

    Advice to Management

    Keep going what you are doing.


  3. "Analyst"

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

    Pros

    Good Compensation
    Worked with many smart people
    Ability to grow within the firm
    Ability to be promoted
    Great training program

    Cons

    extremely long hours
    often felt like a cog within a wheel
    lots of travel
    often senior employees were to busy to provide advice


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  5. "Great place to work"

    Star Star Star Star Star
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    Pros

    Great learning experience and steppingstone to the next opportunity. I would recommend working here especially if you are just starting your career.

    Cons

    Normal investment banking hours and culture so you have to be prepared for that. As long as you know what to expect, it is a good employment experience.

    Advice to Management

    I would suggest improved communication up and down the leadership chain in general as my advice to management.


  6. "Working for the Estate"

    Star Star Star Star Star
    • 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
    Negative Outlook
    Approves of CEO

    I worked at Lehman Brothers full-time (More than 5 years)

    Pros

    - Unique Situation so the learning opportunities are limitless
    - Few staff so lots of things to do as long as one takes initiative
    - Friendly, familial environment, management is very understanding of unique needs

    Cons

    - Not any job progression (since the estate is unwinding)
    - Communication is slow therefore work can be a little difficult to predict
    - No matching 401K contributions


  7. "Great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Lehman Brothers full-time (More than 8 years)

    Pros

    No egos and knowledgeable people.

    Cons

    Long hours and low comp.

    Advice to Management

    Fairly compensate employees for their effort.


  8. "Good experience at the time"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Good culture/ reputation at the time

    Cons

    Firm took too much risk

    Advice to Management

    n/a


  9. "Great while lasted"

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

    I worked at Lehman Brothers full-time (Less than a year)

    Pros

    Reputation was good until... you know

    Cons

    Hours were not the best

    Advice to Management

    Stay in business


  10. "it is over!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Boston, MA
    Former Employee - Financial Consultant in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lehman Brothers full-time (More than 3 years)

    Pros

    learned how to make money and appreciate savings

    Cons

    company went down the drain. Know who is steering the ship!


  11. "Great Experience"

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

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

    Pros

    Great people, challenging environment with career growth opportunities and strong mentors!

    Cons

    Lack of work life balance


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