Neuberger Berman Reviews | Glassdoor

Neuberger Berman Reviews

Updated November 21, 2017
54 reviews

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3.0
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
23 Ratings

54 Employee Reviews

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Pros
Cons
  • No growth opportunities within the firm (in 5 reviews)

  • IT Senior Management needs to go (in 6 reviews)

More Pros and Cons

  1. Helpful (1)

    "NB Private Asset Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equity Trader in New York, NY
    Former Employee - Equity Trader in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Neuberger Berman full-time (More than 10 years)

    Pros

    Stable Work environment. Fair compensation

    Cons

    Few to no chance for promotion/advancement.


  2. "Solid firm but limited growth"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Neuberger Berman full-time

    Pros

    The work live balance is good

    Cons

    Limited ability to advance at the firm

    Advice to Management

    Better growth opportunities.

  3. "Operations Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Operations Intern in New York, NY
    Former Intern - Operations Intern in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Neuberger Berman as an intern (Less than a year)

    Pros

    Short internship, great people that really enjoyed sharing career advice and their own journey to NB.

    Cons

    Too many panels we needed to attend that cut into our actual work during the day.

    Advice to Management

    Less Panels


  4. Helpful (2)

    "Mostly positive experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Portfolio Administrator
    Former Employee - Portfolio Administrator
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Neuberger Berman full-time (More than 10 years)

    Pros

    Great people. Benefits are on par for the industry. Solid bonus compensates for below average salary.

    Cons

    Very little opportunity for advancement. Permission from your current supervisor is required before you are allowed to apply for an open position which is problematic for 2 reasons:

    1) It's pretty awkward.
    2) Manager's tend to be possessive/selfish and they often view it as an inconvenience.

    Advice to Management

    Managers should be required to conduct REGULAR performance reviews, not just annually. An employee should never be surprised by their review.


  5. Helpful (1)

    "senior Developer"

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

    I worked at Neuberger Berman (More than a year)

    Pros

    “I worked there for over 2 years, so I received 3 weeks vacation and 2 personal days per year, which was more than enough for me

    Cons

    I didn't like the working culture , Lot of negative mindset of the management


  6. Helpful (6)

    "Not so much"

    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 Neuberger Berman full-time

    Pros

    Private - no quarterly rush to window dress results - good people on front lines

    Cons

    PMs and analysts love place - treated differently. All else - well not so hot. Loves to claim it is top workplace ... yes if you're making more than 1M. Otherwise much MUCH better places to work.

    Advice to Management

    Stop spending on stupid things (what that building cost) - start treating employees who don't run money with a bit more respect. Look to C suite - your problems start there


  7. Helpful (1)

    "Operations Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Dallas, TX
    Former Employee - Assistant Vice President in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Neuberger Berman full-time (More than 10 years)

    Pros

    Benefits and 401k profit share was a new perk.

    Cons

    Lack of Performance Management annually.

    Advice to Management

    Review your employees annually and counsel poor performers.

  8. Helpful (3)

    "On a great team and have great coworkers."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Associate in New York, NY
    Current Employee - Client Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time (More than 3 years)

    Pros

    Teams operate fairly independently without much interference from middle management. Everyone is very helpful and makes themselves available for questions even if they are not on your team.

    Cons

    There is nearly zero hope of career advancement, which causes a lot of turnover. This is genuinely the only con. If there was a more structured ladder to advance, it would be a nearly perfect company to work for.

    Advice to Management

    Start promoting more often or offering internal transfers to retain talent.


  9. Helpful (2)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time

    Pros

    easy work environment with great benefits, decent salaries, community involvement

    Cons

    dont seem to care about supporting career growth, rather just looking to fill role, high turnover, no access to senior management

    Advice to Management

    invest more in employees


  10. Helpful (1)

    "Desktop Support Engineer"

    StarStarStarStarStar
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Neuberger Berman as a contractor

    Pros

    Clients are for the most part friendly and very reasonable to work with.

    Cons

    As a contractor, we receive no respect from our direct manager.


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