Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated March 20, 2017
237 reviews

Filter

Filter

Full-time Part-time

237 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • Due to over commitment of projects there were long hours spent at work (in 24 reviews)

  • They levered up on real estate and went bankrupt (in 12 reviews)

More Pros and Cons

  1. "Great company but got swept up in the financial crisis tsunami."

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

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

    Pros

    A Competitive, high functioning place with many opportunities to excel.

    Cons

    Requires a commitment to long hours and weekend work.

    Advice to Management

    An even greater focus on dedicated service to clients.


  2. "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


  3. "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.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Short Tile"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great pay. Great benefits, almost too good to be true.

    Cons

    Company seems to take on a lot of market risk.


  6. "Finance"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Hours, professional atmosphere, great people

    Cons

    Lack of opportunity, failing business


  7. "Great people. Great culture. Strong development"

    Star Star Star Star Star
    • 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.


  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. "Nice office, better managevent needed"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Location, location, location. Office with beautiful views.

    Cons

    Poor management, disorganized from day one.


  10. "Company is downsizing."

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

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

    Pros

    Not much. Firm is closing down as soon as they can.

    Cons

    Low morale. Even if you want to do something good some old-minded folks will shut you down.

    Advice to Management

    Instill some culture, enable ideas even if you are closing the company.


  11. "Investment Banking"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

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

    Cons

    No major cons at all.



Showing 237 of 247 reviews
Reset Filters