Evercore Partners

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Evercore Partners Reviews

16 Reviews
3.5
16 Reviews
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Evercore Partners President and CEO Ralph L. Schlosstein
Ralph L. Schlosstein
10 Ratings

3 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    The Mexico City office needs rehabilitation and integration with Evercore global

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Mexico City (Mexico)
    Current Employee - Analyst in Mexico City (Mexico)

    I have been working at Evercore Partners full-time for less than a year

    Pros

    Exposure to leading economic thinkers in Mexico. Very intelligent coworkers. Learned about public finance in Mexico.

    Cons

    No chance to interact with other offices/projects worldwide. The Mexican company Protego was acquired by Evercore but they basically just changed the logo. Most people still refer to the company as Protego.

    One HR person for the entire office. This means no training/professional development. The HR rep is strictly for hiring/benefits.

    No documentation/knowledge management/project management processes. This means every project starts from scratch. Lots of brain drain because people leave. Habitually late on deadlines (part of Mexico in general). We were actually calling former employees for help. People's idea of knowledge management is printing a prior project and putting it on a bookshelf.

    Unreal amount of time in the office. People don't care what you get done, they just want to see butts in seats. Work-from-home/flex time is unheard of. If you have to finish something for a Monday deadline they ask you to come in on Saturday instead of doing it on your laptop from anywhere.

    Barebones IT resources (i.e. we make diagrams all the time but don't have MS Visio, we don't have MS project). This is not an NGO and we could afford to have this software.

    No upward mobility. Analysts are undergrads, some have master's. Then they all leave for a PhD or go work for the government. You can't stay and work your way up to a management position - there are no "middle positions."

    Advice to ManagementAdvice

    You acquired Protego but haven't done anything to make it better. Sometimes it feels like we are just spinning our wheels in Mexico. Swap some managers so that there is more cross-collaboration and help us feel included in the larger organization. Not exaggerating when I say that all that happened was that they changed the logo. I have no idea what people do in other Evercore offices worldwide.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    It could be worse...it could be a lot better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Administrative/Executive Assistant  in  New York, NY (US)
    Current Employee - Administrative/Executive Assistant in New York, NY (US)

    I have been working at Evercore Partners

    Pros

    Compensation is decent if you know what to ask for from the beginning - salary with overtime, bonus minimum, etc.
    Benefits are competitive+

    Cons

    - EXTREMELY poor HR department though recent changes relating to HR management shows some promise. Change is slow.
    - Fear of retribution prevents many employees from reporting unfair treatment or other issues.
    - Very poor communication from the top to the bottom.
    - Senior management at Evercore expects personal work to be completed by their assistants. This ranges from very small tasks to large projects dealing with family and outside interests. This work is sometimes personally compensated by the individual manager around the holidays but often times it isn't. Again, fear of retribution prevents many employees from tackling this problem despite being overtaxed and ethically conflicted.

    Approves of CEO
  3. 3 people found this helpful  

    Not a place for non partners

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

    I worked at Evercore Partners

    Pros

    Prestiige of working at a mid town boutique investment bank. Compensation better than average.

    Cons

    If you are not a partner, you are treated like fodder. This is especially true for the support staff. At least the analyst have a chance at becoming a revenue producer, the support staff are treated like a changeable expense and often are. Beware unless you are a senior level banker.

    Advice to ManagementAdvice

    It's a hard concept to acknowledge but there is work life balance for the support staff.

    Doesn't Recommend
    No opinion of CEO

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