Jefferies & Company

  www.jefferies.com
  www.jefferies.com
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Jefferies & Company Reviews

Updated 29 September 2014
Updated 29 September 2014
107 Reviews
3.1
107 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
71 Ratings

Review Highlights

Pros
  • Solid deal flow in San Francisco (in 5 reviews)

  • Excellent IT to work with, good HR profile, great people to work with (in 5 reviews)


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

  • Different position within the investment banking industry being in the middle market space (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good middle market IB firm

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

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

    Pros

    As professional service mid-sized firms go it's not a bad place to work. You get more out of it if you are in the core competency - a banker. If you directly report to nice people then it is tolerable.

    Cons

    Not much in the way of professional growth or development or opportunities for promotion unless you are a banker. Low pay for non-banker personnel. As with most firms, senior management hasn't a clue as to what is going in their own firm. If temping, they take a long time to bring you on board...it does depend on department. Some have more clout with senior management than others.

    Advice to ManagementAdvice

    Treat all the workers the same, give them all advancement opportunities so they want to stay. Create work-life balance policies and implement them.

    Positive Outlook
    No opinion of CEO
  2.  

    Has grown to become a man

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

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

    Pros

    Very focussed on growth and becoming a big player. Has been able to obtain a reputation to hire very good and smart people which will look very solid on your resume.

    Cons

    Becoming a big bank, feels a bit like being a small cog in large machine

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good place if you could find your niche

    • 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 for more than 3 years

    Pros

    Little bureaucracy, fast decision making, available opportunities

    Cons

    Cost orientation undercutting serious thoughts about future opportunities, running too much stuff on skeleton set-up

    Advice to ManagementAdvice

    Thing deep, invest more into future

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    IB Analyst Program

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

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

    Pros

    Dynamic and growing company that is much more flexible and agile than larger banking firms.

    Cons

    No negatives except for complaints about IB broadly: not a great work life balance, work is not particularly rewarding or technically challenging.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    First class place to work.

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

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

    Pros

    Exposure to senior staff and chance to see real deal transactions.

    Cons

    Very long hours ... but this is I-banking life right.

    Advice to ManagementAdvice

    Keep up the good work. I had great managers.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    No culture

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

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

    Pros

    If you produce they pay well. But that has changed with clawbacks so it's very similar to the bulge bracket firms.

    Cons

    Zero culture. When you take people from deceased firms - Bear, Leh, Mer, GCM - and throw them into an eat what you kill pool and no management from the top you get a toxic stew. People trying to steal accounts, not answering/backing up when off the desk. The one benefit was the monthly hard dollar payouts. That's now gone and clawbacks are in place so other than a place to park your feet there are better places out there.

    Advice to ManagementAdvice

    Look past the next ticket to build some teamwork and cohesion.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    FX Trading situation is HORRIBLE!

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

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

    Pros

    High pay scale for new employees. Not the biggest attraction for talent so they have to pay-up.

    Cons

    If you do get a job there, you will not be having it for too long. Desk does very poorly.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Great Company to work for

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    Great work environment with even better people

    Cons

    Cant think of any at this time

    Advice to ManagementAdvice

    Cant think of any at this time

  10.  

    Intelligent people, terrible culture and pay

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

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

    Pros

    + Work with intelligent and work hungry people
    + Good health plan

    Cons

    + Terrible working environment
    + Claw-backs and extensive restrictions on bonuses
    + No cohesive culture, all IBD teams have their own culture
    + Every man for themselves and blame culture
    + Some very incompetent people at the top

    Advice to ManagementAdvice

    Work / Life balance

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Interview

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Jefferies & Company

    Pros

    It's relaxing interview. I was asked some questions about finance, like swap yield curve, options and futures. And I did some questions about what I did in my academic courses, what my contribution was in the project.

    Cons

    I think they hired the highest qualified people. People as a employee at Jefferies will have lots of knowledge about the financial markets. Your responsibility ranges from the beginning to the end.

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