Neuberger Berman Reviews | Glassdoor

Neuberger Berman Reviews

Updated August 18, 2017
166 reviews

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3.4
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
88 Ratings

166 Employee Reviews

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

  • Terrible work/life balance (I put 15 hrs per day on average, and often had to come in on weekdays) (in 4 reviews)

More Pros and Cons

  1. "Review of Neuberger Berman"

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

    Pros

    Great company to work for as they have locations worldwide.

    Cons

    Should have better benefits for outsourced company employees


  2. "Vice President"

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

    I worked at Neuberger Berman full-time

    Pros

    - Ethical culture
    - Good work life balance
    - Start up mentality

    Cons

    - No room for growth

  3. Helpful (3)

    "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


  4. "Institutional Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time (More than 8 years)

    Pros

    Great culture and work life balance

    Cons

    Little mobility, low pay relative to peers

    Advice to Management

    Pay good people more


  5. 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.


  6. "tta"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tokyo (Japan)
    Current Employee - Anonymous Employee in Tokyo (Japan)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time (More than a year)

    Pros

    Growing so fast in terms of AUM. Achieved about 3 billion in less than 10 years.

    Cons

    Turnover rate is extreamly high. New hire comes in every month and every month someone leaves.

    Advice to Management

    Please be more serious to implement some measures to retain staff.


  7. Helpful (4)

    "Unethical and terrible culture within support depts"

    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 (Less than a year)

    Pros

    - extra 15% of your base as 401k contribution, immediately vested.
    - decent community service programs.
    - people on the business side are very intelligent and competent.

    Cons

    - very unethical practices and behaviors
    - terrible managers promoted internally, lack of management training or tools to help new managers succeed
    - "boys club" culture within certain departments
    - people are not nearly in the same caliber as the bulge bracket shops.
    - political

    Advice to Management

    - please hire better, professional managers. good workers do not equate good managers.

  8. "Good place to work"

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

    I have been working at Neuberger Berman full-time

    Pros

    Great teammates, great benefits, nice salary

    Cons

    Misogynistic attitudes persist in finance


  9. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Neuberger Berman full-time

    Pros

    Good 401K plan
    Low turnover
    Entreprenerial culture

    Cons

    Building location in times square, too crowded

    Advice to Management

    None that I can think of at the moment


  10. Helpful (4)

    "Extermination Season"

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

    Pros

    Able to stay busy by complaining all day that nothing works with senior folks.

    Able to steer out long timers and bring on friends and family.

    Able to sucker the remaining senior people who are past their expiration date to think they have a future here.

    Able to coax younger people to think they have a future and need help me undermine the long timers so I can pocket the difference when I get rid of them.

    Cons

    None for me. Me and my insiders answer to nobody. We are here until we clean out the remaining equity.

    Advice to Management

    Keep this going.


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