Lehman Brothers Reviews | Glassdoor

Lehman Brothers Reviews

Updated July 13, 2017
241 reviews

Filter

Filter

Full-timePart-time

241 Employee Reviews

Sort: PopularRatingDate

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. "It is no longer around"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Was a good place to work while it lasted

    Cons

    Obviously risk control wasnt a strong suit


  2. "Knowledge I learned!"

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

    I worked at Lehman Brothers (More than 10 years)

    Pros

    The knowledge I learned at Lehman Brothers was outstanding. One was thrown into so many difficult situations it was, it was hard not to learn. That base has helped me in many difficult business challenges I have faced over the years, while at Lehman and post Lehman.

    Cons

    Senior management was sometimes ignorant and really didn't see the forest through the tree at times, which ultimately lead to poor decision making and holding positions that should have been long gone.

    Advice to Management

    At this stage this would be an exercise in futility.

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

    StarStarStarStarStar
    • 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.


  4. "Working for the Estate"

    StarStarStarStarStar
    • 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


  5. "Great place to work."

    StarStarStarStarStar
    • 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.


  6. "Short Tile"

    StarStarStarStarStar
    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.


  7. "Finance"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Hours, professional atmosphere, great people

    Cons

    Lack of opportunity, failing business

  8. "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.


  9. "Good experience at the time"

    StarStarStarStarStar
    • 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


  10. "Nice office, better managevent needed"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Location, location, location. Office with beautiful views.

    Cons

    Poor management, disorganized from day one.


Showing 241 of 254 reviews
Reset Filters