Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated July 13, 2017
59 reviews

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59 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. "Great people. Great culture. Strong development"

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

    Pros

    Strong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    Cons

    Stock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to Management

    Continue to invest in employee development. Continue to pursue growth opportunities.


  2. "Investment Banking"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great firm. It's a shame it went bankrupt.

    Cons

    No major cons at all.

  3. "Sad to see them go"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Cared about the employees, medical bennies were amazing and an awesome culture

    Cons

    My experience was all positive, I loved working for Lehman Brothers

    Advice to Management

    NA


  4. "Very happy to work at lehman"

    StarStarStarStarStar
    Former Contractor - Senior Database Developer in Jersey City, NJ
    Former Contractor - Senior Database Developer in Jersey City, NJ

    I worked at Lehman Brothers as a contractor (More than 5 years)

    Pros

    Good work culture, good office environment , employee welfare, women employees welfare , good career growth

    Cons

    Personally I have nothing much to say as cons for working at Lehman, everything seemed to be quite good for career and work environment


  5. "Great place for a summer job"

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

    I worked at Lehman Brothers as an intern (Less than a year)

    Pros

    Interesting work, very good team.

    Cons

    Difficult time for the firm


  6. "WIsh I was still there."

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

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

    Pros

    Encouraged innovation throughout the organization. Empowered employees to make the firm better. team atmosphere.

    Cons

    Bankrupt, no longer in business

    Advice to Management

    Should have sold to KDB


  7. "Very sad Lehman is gone"

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

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

    Pros

    Great people. Great team-work culture. Great fixed-income research franchise, such as Lehman Indices and POINT.
    Ex-Lehman employees still gather on 9/15 every year to remember the good times.

    Cons

    No longer exists. Failed to get bailed out

    Advice to Management

    Start over

  8. "My brief stint at Lehman Brother"

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

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

    Pros

    I was in the Operations Analyst program for the full 2 years and it was a great program. We were given books and classes about various financial topics, there were always networking events, and there was a solid structure for moving into a management role after the program was finished.

    Cons

    Some of the program was disorganized, but that's it.


  9. "It was a great firm to work for"

    StarStarStarStarStar
    • 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

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

    Pros

    Management listened.
    Stuff got done.
    Bureaucracy was minimized.

    Cons

    They levered up on real estate and went bankrupt.

    Advice to Management

    Don't bet the entire firm on the views of three people and keep it a secret from your employees.


  10. "it was a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Jersey City, NJ
    Former Employee - Administrative Assistant in Jersey City, NJ
    Recommends
    No opinion of CEO

    Pros

    everyone was a team and pulled together to get projects completed

    Cons

    some people didn't do their work.

    Advice to Management

    at times the groups were cliques and lots are favorites


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