Lehman Brothers

  www.lehman.com
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Lehman Brothers Reviews

Updated Jul 11, 2014
All Employees Current Employees Only

3.5 183 reviews

40% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(20 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Great work life balance and financial packet(in 14 reviews)

  • Ahead of other investment banks in promotion of women(in 15 reviews)


Cons
  • Managers show no sympathy for junior people for working ultra long hours(in 18 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall(in 14 reviews)

183 Employee Reviews
Relevance Date Rating
in

     

    Very Hierarchical structure, CEO & COO weren't honest with employees

    Anonymous Employee (Former Employee)

    ProsAn environment where you could learn a lot

    ConsPolitical environment made it difficult for people to be honest

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Very sad Lehman is gone

    Fixed Income Associate (Former Employee) New York, NY (US)

    ProsGreat people. Great team-work culture. Great fixed-income research franchise, such as Lehman Indices and POINT.
    Ex-Lehman employees still gather on 9/15 every year to remember the good times.

    ConsNo longer exists. Failed to get bailed out

    Advice to Senior ManagementStart over

    Yes, I would recommend this company to a friend

     

    Lehman Internship

    Anonymous Employee (Former Employee)

    ProsThis company no longer exists.

    ConsUnfortunately, this company no longer exists.

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good while it lasted!

    Vice President (Former Employee) London, England (UK)

    Pros- Positive work environment
     - Supportive colleagues

    Cons- now synonymous with banking failure

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Financial analyst at Leh

    Finance Analyst (Former Employee) New York, NY (US)

    Prosnice culture, great environment , friendly people

    Consbankrupcy and so and so and so, but over all bankrupcy

    Advice to Senior Managementcreate a new company

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Lehamn review

    Anonymous Employee (Former Employee)

    Prosgreat people to work for at Lehman

    Consbad management system at Lehman

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Stressful

    Analyst (Former Employee) New York, NY (US)

    ProsIt was good while the good times rolled in.

    ConsLots of layoffs, lots of stress. Bad management. Lost 401k.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Was a great place to work

    Vice President (Former Employee) New York, NY (US)

    ProsLehman had a challenging, albeit cut throat, dog-eat-dog environment. It had great expense reimbursement, held costs down while allowing you to travel like a king.

    ConsWell, it went down the tubes due to stupid real estate investments and pretty much took the whole US economy with it. So that's how Lehman will be remembered, instead of as the American Economic Engine that is was for 158 years...

    Advice to Senior ManagementToo late now for advice.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    My brief stint at Lehman Brother

    Operations Analyst (Former Employee) New York, NY (US)

    ProsI was in the Operations Analyst program for the full 2 years and it was a great program. We were given books and classes about various financial topics, there were always networking events, and there was a solid structure for moving into a management role after the program was finished.

    ConsSome of the program was disorganized, but that's it.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Working for the Lehman Brothers Administration - post 2008

    Anonymous Employee (Former Employee)

    ProsIt's a job. It pays the bills and to be honest remuneration is not that bad given the market conditions. In addition, if you like to doss around, this is great for you as there is not much work on

    ConsNo progression - you work yourself out of a job. Management is rude, confused and only concerned with maintaining their positions / status quo. No real work to do

    Advice to Senior ManagementEnd this charade as soon as possible

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