Lehman Brothers
3.5 of 5 178 reviews
www.lehman.com New York, NY 6 to 15 Employees

Lehman Brothers Reviews

Updated Apr 08, 2014
All Employees Current Employees Only

3.5 178 reviews

                             

44% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(16 ratings)

64% of employees recommend this company to a friend
178 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Management was fair in providing vacation days when necessary to provide a good work/life balance"
    in 13 reviews
  • "Ahead of other investment banks in promotion of women"
    in 15 reviews
Cons:
  • "Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies"
    in 18 reviews
  • "too big that you are not noticable to senior management"
    in 14 reviews
  • Show more review highlights

Reviews

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

 

Lehamn review

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

Prosgreat people to work for at Lehman

Consbad management system at Lehman

No, I would not recommend this company to a friend

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  • Culture & Values
         
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Was a great place to work

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

I worked at Lehman Brothers full-time for more than 3 years

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

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My brief stint at Lehman Brother

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

I worked at Lehman Brothers full-time for more than a year

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

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  • Culture & Values
         
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Working for the Lehman Brothers Administration - post 2008

Anonymous Employee (Former Employee)

I worked at Lehman Brothers full-time for more than 3 years

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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Stressful

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

I worked at Lehman Brothers full-time for more than a year

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

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Work FOrce

Anonymous Employee (Former Employee)

I worked at Lehman Brothers full-time

ProsCulture was really good to work

ConsCompany is no more in business

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dba

Anonymous Employee (Former Employee)

I worked at Lehman Brothers full-time for more than a year

ProsTop notch technology centric, looks good on your resume, salary

ConsWeekend work, hectic and demanding . Consulting is better than full time.

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Great team environment - many talented hard workers

Anonymous Employee (Former Employee)

I worked at Lehman Brothers

ProsGreat working environment - good people

ConsManagement was removed from day to day

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Overall Great I Would Still Be There

Information Security Analyst (Former Employee)
Jersey City, NJ (US)

I worked at Lehman Brothers full-time for more than 5 years

ProsAt the forefront of technology. The company was years ahead of others in terms of technology.

ConsI had seen many people leave and come back with higher salaries and titles, but other who stuck around did not see the same type of promotions and raises.

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  • Career Opportunities
         

 

Always worked with smart and driven people, every day was exciting

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

I worked at Lehman Brothers full-time for more than 5 years

ProsThe Firm only recruited the brightest people so you were always working with people that hallenged you. But is was also a very team oriented company so the balance was important of moving business forward.

ConsTowards the end there was morebegoninvolved by he senior management and that led to the rims downfall. They should have thought about employees who built the company and not there personal bank accounts.

Advice to Senior ManagementDon't let greed get in the way of doing the right thing, even if it is hard to do
.

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