Jefferies & Company

www.jefferies.com

Jefferies & Company Reviews

Updated 23 January 2015
Updated 23 January 2015
123 Reviews
3.3
123 Reviews
Rating Trends

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Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
78 Ratings

Review Highlights

Pros
  • Jefferies investment banking division is an up and comer in the industry (in 8 reviews)

  • Great learning environment, solid deal flow, great exit opps, great people (in 6 reviews)


Cons
  • Work life balance is slightly worse than at other major banks for similar compensation (in 9 reviews)

  • the management of the company, long hours (in 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Investment Banking Associate 2

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Associate in New York, NY (US)
    Former Employee - Investment Banking Associate in New York, NY (US)

    I worked at Jefferies & Company full-time (more than 3 years)

    Pros

    Small, entrepreneurial environment that allows analysts and associates to take on a lot of responsibility relative to larger banks

    Cons

    small deal sizes, limited lending capabilities

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good Experience for an intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in New York, NY (US)
    Former Employee - Intern in New York, NY (US)

    I worked at Jefferies & Company part-time (less than a year)

    Pros

    Good environment, and helpful mentor

    Cons

    No payment for part-time intern

    Recommends
    Positive Outlook
    Approves of CEO
  3. 4 people found this helpful  

    A so-called “Best Place to Work” three years in a row -- Really?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in New York, NY (US)
    Current Employee - Vice President in New York, NY (US)

    I have been working at Jefferies & Company full-time (more than 3 years)

    Pros

    They like to hire people from top firms. So it is easy to negotiate for a large salary hike when you join. But don’t expect too much afterward. Working hours are decent.

    Cons

    The cash bonus clawback policy was supposed to apply to all, but some seniors get away with that, and leaving the lower level employees have to pay back when they leave. If you leave, you will have to pay back your last years bonus!

    Your direct manager reviews your emails, Bloomberg chats, and internal chat system every week.

    They like to outsource a lot of functions (not just those typical ones that are widely known). You won’t be surprised if one day they tell you that you will continue to do what you do, but no longer their employees.

    Advice to ManagementAdvice

    Stop being so hypocritical, You are not a big boy on the Street, and you will never be!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 5 people found this helpful  

    Losers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trader in New York, NY (US)
    Former Employee - Trader in New York, NY (US)

    I worked at Jefferies & Company full-time (more than 5 years)

    Pros

    I have no pros for this company.

    Cons

    dropped me after 5 years with no severance pay. Said i was at least going to get health insurance for another month and tried to screw me on that also.

    Advice to ManagementAdvice

    Quit thinking you are goldman sachs, you're not.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Great if you get a contract

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

    I worked at Jefferies & Company full-time (more than a year)

    Pros

    - Pays some people very generously
    - Great people: intelligent, good energy

    Cons

    - Pays some people very poorly
    - Quick to cut any sectors that underperform
    - Management strategy changed frequently

    Advice to ManagementAdvice

    - Stop trying to be bulge bracket

    No opinion of CEO
  7.  

    Firm is in a good position, probably a bit too much hype

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in New York, NY (US)
    Former Employee - Investment Banking Analyst in New York, NY (US)

    I worked at Jefferies & Company as an intern (less than a year)

    Pros

    People generally very understanding, hours very reasonable for investment banking, senior leadership very approachable (would sit in VP+ offices, calls, etc.), not too much cutthroat competition

    Cons

    Deals after fairly small, spent a lot of time chasing down <$1B deals. A lot of pitching. A bunch of very senior people from other firms who aren't used to working in a lean environment. Budget cuts seem random

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Dynamic environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Banking Analyst in London, England (UK)
    Former Employee - Investment Banking Analyst in London, England (UK)

    I worked at Jefferies & Company full-time (more than a year)

    Pros

    Great people and work ethic. Interesting projects and drive. Young dynamic teams, and experienced senior management. An interesting cultural dynamic. The office is well positioned in London and a great design. Not far from the river too, yet not in the absolute depths of the city.

    Cons

    US firm, so hours and expectations can be high. Though compensation was good, healthcare is excellent and other benefits are well in line or exceed other companies. At the time I was there. Some management are driving very hard, and don't quite realise the burden on the junior employees. I guess normal in IBD culture. But it's a shame as it doesn't seem to be part of the initial intention. The growth was fast and was not able to sustain a balanced and positive working environment.

    Advice to ManagementAdvice

    Encourage more work life balance.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Vice President

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in New York, NY (US)
    Former Employee - Vice President in New York, NY (US)

    I worked at Jefferies & Company full-time (more than 3 years)

    Pros

    excellent place to work. great people. results focused. great culture. Compensation is at market or above.

    Cons

    focused on profit generation so probably better come in here at more senior level - not super focused on training resources.

    Advice to ManagementAdvice

    keep on doing what you have been doing

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Associate

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    Small team, ability to make an impact

    Cons

    More work than other banks

    Advice to ManagementAdvice

    Pay more

  11. 1 person found this helpful  

    Foster City Office / Tech Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company (less than a year)

    Pros

    Good opportunity to do IBD in tech... you can lateral to a bulge or have a shot at joining tech from the investing/biz dev side. Office has nice views of the man-made lake in Foster City, - first-row seats to the July 4th fireworks.

    Cons

    Punishing work culture with unfriendly senior management, even by IBD's standards. Extremely high turnover among analysts and associates... even Jefferies NYC guys are surprised.

    Advice to ManagementAdvice

    Don't drive your juniors so hard, and say hello to them once in a while.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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