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. "Proud of working there."

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

    Pros

    Name brand is the reason for working there.

    Cons

    The management was lack of ability to avoid bankruptcy.


  2. "Lehman has been an amazing place to build a career in finance. Amazing colleagues, cutting edge work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    Amazing colleagues, cutting edge work, still some remnants of the collegial feel that one characterized investment banking.

    Cons

    The bank faces a bleak future.


  3. "Ok place to be given compensation and work-life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Disapproves of CEO

    Pros

    Compensation, work-life balance, and relative lack of stress are all benefits of working at the Lehman Estate in bankruptcy these days

    Cons

    Over time, the finite end to the bankruptcy and lack of urgency surroudning many activiites can be somewhat dispiriting and demotivating

    Advice to Management

    More effective communication with staff about the firm's goals, direction and plans would be welcome. It would have some positive impact on morale


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  5. "Best company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    There has always been advancement opportunities

    Cons

    Company had to file for Bankruptcy


  6. "it was a great place to work"

    Star Star Star Star Star
    • 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


  7. "A good window"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY
    No opinion of CEO

    Pros

    Access
    Solid summer analyst program
    Ability to interact with others

    Cons

    Meritocracy until senior -levels where relationships/influence matter most
    some old-boy mentality


  8. "I entered Lehman Brothers as an intern in 2008."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Intern in Jersey City, NJ
    Current Employee - Tax Intern in Jersey City, NJ
    Approves of CEO

    Pros

    compensation is very fair compared to other internships

    Cons

    No room for growth as of now

    Advice to Management

    more hands on projects


  9. "Okay"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Reporting Analyst in Dallas, TX
    Former Employee - Financial Reporting Analyst in Dallas, TX
    No opinion of CEO

    Pros

    Great benefits
    Care for employees
    Good work environment
    Great Co-Workers
    Great Charity Work
    Integrity was a big deal
    Office events was encouraged

    Cons

    Average Leadership
    Limited opportunity for promotions
    Clicks within the work environment
    Sometimes uncomfortable work environment
    Routine work
    Inability to keep talented employees

    Advice to Management

    Average Leadership that eventually led to the downfall of the company. There should be a mentor system that fosters loyalty within the employee ranks


  10. "An educational and growing experience in Finance."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    Working with some of the brightest people in the industry.

    Cons

    Since Bankrupcty, promotions and raises are not offered to those individuals who have shown progression and devotion to the cause. Performance reviews are not conducted.


  11. "I miss Lehman Brothers"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in New York, NY
    Former Employee - Executive Assistant in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Great Benefits ,Great Culture,Diversified. I enjoyed management and the company was very laid back

    Cons

    Long Hours
    Hard to move up

    Advice to Management

    It was the best bank


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