Neuberger Berman Reviews | Glassdoor.com.au

Neuberger Berman Reviews

Updated 19 July 2017
160 reviews

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3.4
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
84 Ratings

160 Employee Reviews

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Pros
  • Great atmosphere and work life balance you get to meet a lot of bright individuals within the sector keep up the good work (in 28 reviews)

  • Great teammates, great benefits, nice salary (in 13 reviews)

Cons
  • No growth opportunities within the firm (in 5 reviews)

  • Terrible work/life balance (I put 15 hrs per day on average, and often had to come in on weekdays) (in 4 reviews)

More Pros and Cons

  1. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time

    Pros

    Great teammates, great benefits, nice salary

    Cons

    Misogynistic attitudes persist in finance


  2. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Neuberger Berman full-time

    Pros

    Good 401K plan
    Low turnover
    Entreprenerial culture

    Cons

    Building location in times square, too crowded

    Advice to Management

    None that I can think of at the moment


  3. Helpful (1)

    "Unethical and terrible culture within support depts"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Neuberger Berman full-time (Less than a year)

    Pros

    - extra 15% of your base as 401k contribution, immediately vested.
    - decent community service programs.
    - people on the business side are very intelligent and competent.

    Cons

    - very unethical practices and behaviors
    - terrible managers promoted internally, lack of management training or tools to help new managers succeed
    - "boys club" culture within certain departments
    - people are not nearly in the same caliber as the bulge bracket shops.
    - political

    Advice to Management

    - please hire better, professional managers. good workers do not equate good managers.


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  5. "Privately owned asset manager with a great future"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman (More than 3 years)

    Pros

    Compensation; private ownership structure; diversity of business

    Cons

    Adapting to industry challenge such as passive funds


  6. "Extermination Season"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Able to stay busy by complaining all day that nothing works with senior folks.

    Able to steer out long timers and bring on friends and family.

    Able to sucker the remaining senior people who are past their expiration date to think they have a future here.

    Able to coax younger people to think they have a future and need help me undermine the long timers so I can pocket the difference when I get rid of them.

    Cons

    None for me. Me and my insiders answer to nobody. We are here until we clean out the remaining equity.

    Advice to Management

    Keep this going.


  7. Helpful (2)

    "On a great team and have great coworkers."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Associate in New York, NY (US)
    Current Employee - Client Associate in New York, NY (US)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time (More than 3 years)

    Pros

    Teams operate fairly independently without much interference from middle management. Everyone is very helpful and makes themselves available for questions even if they are not on your team.

    Cons

    There is nearly zero hope of career advancement, which causes a lot of turnover. This is genuinely the only con. If there was a more structured ladder to advance, it would be a nearly perfect company to work for.

    Advice to Management

    Start promoting more often or offering internal transfers to retain talent.


  8. Helpful (1)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time

    Pros

    easy work environment with great benefits, decent salaries, community involvement

    Cons

    dont seem to care about supporting career growth, rather just looking to fill role, high turnover, no access to senior management

    Advice to Management

    invest more in employees


  9. "Well balanced firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman full-time (More than a year)

    Pros

    Laid back environment, great work life balance, 401k, benefits, management treats their employees with respect and have an open door policy. Everyone is very friendly.

    Cons

    computer systems could use a little revamping.

    Advice to Management

    Higher pay, to ensure good employees are willing to stay for the long run. Otherwise, keep up the good work.


  10. Helpful (2)

    "Great benefits"

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

    I have been working at Neuberger Berman full-time

    Pros

    Flat organization with small teams
    Great 401K benefits

    Cons

    They pay less compared to other financial firms

    Advice to Management

    Increase pay to retain talent


  11. Helpful (1)

    "EMEA team"

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

    Pros

    People are generally friendly and nice location of office

    Cons

    Management has largely been promoted via tenure rather than competence

    Presenteeism culture

    Like to think power is devolved but in reality all from US


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