Jefferies & Company

  www.jefferies.com
  www.jefferies.com

Jefferies & Company Reviews

Updated 21 November 2014
Updated 21 November 2014
115 Reviews
3.1
115 Reviews
Rating Trends

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Approve of CEO
Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
77 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.  

    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 (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
  2.  

    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 (more than an 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
  3. 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 (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
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  5. 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 (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
  6.  

    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

  7.  

    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 (more than an 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
  8.  

    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.

  9.  

    Great place to develop an IB/securities career

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    Dynamic company growing market share, motivated employees, good work/life balance - generally the firm gets it right as the results have shown.

    Cons

    Typical downsides associated with working for any investment bank - nothing that you wouldn't expect to encounter at other similar institutions.

  10. 2 people found this helpful  

    Left in the garbage

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

    I worked at Jefferies & Company full-time (more than 10 years)

    Pros

    There are not many Pro's to talk about, the only thing that comes to mind was having longevity, however all that has changed now. The benefits where fairly good compared to other companies.

    Cons

    Treated like a second class citizen, support staff is an afterthought, the only thing that drives this company is their producers. Staff is treated like an expense that no one wants to on their budget sheet. Leaving no opportunity for growth and little opportunity to enjoy working around fellow employees.

    Advice to ManagementAdvice

    Learn to manage people not your wallet, the idea of putting the biggest earner in the management position does not make for a good manager, it makes for someone who still only cares about his bottom end. Most management would rather ignore problems than deal with them because it takes them away from their earnings. The biggest fault is there is little to no communication between management of other groups which leads to a lot of miss-communication, rumors, segregation of departments.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    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 (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

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