Lehman Brothers

www.lehman.com
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Lehman Brothers Reviews

Updated 19 February 2015
Updated 19 February 2015
200 Reviews
4.0
200 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lehman Brothers CEO Richard Fuld Jr.
Richard Fuld Jr.
24 Ratings

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
  • Bankruptcy, Long hours, management too aggressive with risk, greed, and cut-throat policies (in 20 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    The ending does not always define the journey

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

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

    Pros

    Amazing culture, Talented & Professional Employees, Opportunities for Advancement, Competitive Compensation

    Cons

    There was obviously a lot going on that the majority of the organization was not aware of

    Advice to ManagementAdvice

    Don't tell your employees to buy stock when you're going under

    Recommends
    Neutral Outlook
  2.  

    Lb review

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

    I worked at Lehman Brothers

    Pros

    Professional, quick paced, amiable atmosphere

    Cons

    Not there any more. Sadly it is bankrupt

    Advice to ManagementAdvice

    To take risk management more seriously

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Alvarez and Marsal didn't want the advice of the former Lehman employees

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

    I worked at Lehman Brothers

    Pros

    There was plenty of opportunity to take on a lot of responsibility and learn.

    Cons

    Alvarez and Marsal management is not knowledgable in the finance industry.

    Advice to ManagementAdvice

    Consider the creditors as well as the P & L

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

    Analyst

    • 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 Lehman Brothers

    Pros

    Good Compensation
    Worked with many smart people
    Ability to grow within the firm
    Ability to be promoted
    Great training program

    Cons

    extremely long hours
    often felt like a cog within a wheel
    lots of travel
    often senior employees were to busy to provide advice

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    IT Analyst

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

    I worked at Lehman Brothers

    Pros

    Very smart helpful people. I was lucky to meet some outstanding people of the industry

    Cons

    nothing bad really to say anything

    Advice to ManagementAdvice

    No advise

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Really enjoyable, relaxed environment, helpful co-workers - for the most part the office is stress free.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Intern in Jersey City, NJ (US)
    Former Employee - Tax Intern in Jersey City, NJ (US)

    I worked at Lehman Brothers

    Pros

    Solid hours and pay, helpful and approachable senior management

    Cons

    Company won't be in existence for the foreseeable future, not a lot of upward mobility within this workplace.

    Advice to ManagementAdvice

    Keep going what you are doing.

    Recommends
    Neutral Outlook
  8.  

    Client Money & Reconciliations Senior Associate

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

    I worked at Lehman Brothers

    Pros

    Very Good company to work for.

    Cons

    In administration so slowing letting staff go.

    Recommends
    Negative Outlook
    No opinion of CEO
  9.  

    tough but learned lots

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lehman Brothers

    Pros

    everything is possible; world is your oyster

    Cons

    tough colleagues and stressful environment

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Used to be great. Now not so much

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

    I have been working at Lehman Brothers

    Pros

    Salaries are above market for most positions.

    Cons

    Pretty much a dead end job. Company winding down and staff being let go.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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