Jefferies & Company

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

Updated 10 September 2014
Updated 10 September 2014
106 Reviews
3.0
106 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)

  • Long hours and heavy responsibilities (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    not somewhere to start your career

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

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

    Pros

    great people to work with....infact the best i have!

    Cons

    no career progression, which means no wage progression

    Advice to ManagementAdvice

    pay more - and you wont be training people up to leave.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    strong entrepreneurial culture, good management

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

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

    Pros

    pay, culture, people work hard

    Cons

    nothing bad to say here

    Recommends
    Approves of CEO
  3. 1 person found this helpful  

    over worked and under paid

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

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

    Pros

    Really not much pros at all.

    Cons

    Too many to list here.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    decent place

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

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

    Pros

    Excellent IT to work with, good HR profile, great people to work with. Robust processes in which to get things done with clear workflows to track items.

    Cons

    Rigid pay policies and lack of transparency around them. Advancement within teams and to new teams is not always transparent - many senior positions appointed through networking and not through advertisement and interviews.

    Advice to ManagementAdvice

    Transparency required for new positions and promotions to allow all to apply.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    It was an enjoyable place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company full-time

    Pros

    The people were friendly and great place to learn

    Cons

    Not much room for movement

  7. 1 person found this helpful  

    Worse company I ever worked for

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

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

    Pros

    Pay was the most competitive I ever had, gave a great sense of global perspective.

    Cons

    Horrible work/life balance, disrespectful co-workers who made the most gross generalizations and racially insensitive remarks ever. Boss was endorsed and promoted for being a small minded jerk who even dipped chewing tobacco right in the middle of the office. Constantly made fun of people with disabilities and try to do nothing but cover up their awful behavior.

    Advice to ManagementAdvice

    Fire everyone who clearly demonstrates such poor behavior.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Tough hours and work environment

    • 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

    Pays well for someone right out of undergrad

    Cons

    Sell themselves as a flat organization and different than other investment banks in terms of respecting your work/life balance. They are no such thing. Just as bad (and if you include the below the street pay and exit opportunities they are worse) as any investment banking gig out there

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    fair, conservative, no growth

    • 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 for more than 8 years

    Pros

    conservative, sails through tough times

    Cons

    B leage, too conservative, cheap

    Advice to ManagementAdvice

    make the changes to become a major leage player

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Very uneven compensation in the S&T businesses

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

    I worked at Jefferies & Company

    Pros

    + Huge opportunities to advance quickly if you are good
    + Growing, improving product

    Cons

    + Clubby, old boys atmosphere
    + Compensation is wildly uneven and totally opaque; doesn't often seem to be correlated with performance
    + Management doesn't communicate with employees leading to an environment of suspicion and gossip
    + Limited investment in technology hampers growth of firm

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  11.  

    Does not value junior bankers, quickly growing company with opportunity to make impact

    • 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 full-time for more than 3 years

    Pros

    Some deal teams are lean and you get a lot of responsibility and interaction with senior bankers and clients as an analyst. More opportunities to run a deal.

    Jefferies used to provide good perks (lunch, mobile plan reimbursement, huge discount to LA Sports Club for analysts, etc.) but then they disappeared during the downturn.

    Cons

    During the downturn, they laid off junior bankers first and then made aggressive strategic senior hires.

    They claim that analyst bonuses were on par with the rest of the street, but very few actually get that top bonus relative to other banks.

    Certain IB groups have a terrible reputation. Tech (formerly Jefferies Broadview) used to do great deals, but now run by mostly political senior bankers.

    Advice to ManagementAdvice

    Jefferies has a bad reputation for its treatment of junior bankers. My analyst class had such a bad experience that many would never go back.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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