Jefferies & Company

  www.jefferies.com
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Jefferies & Company Reviews

Updated Jul 17, 2014

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All Employees Current Employees Only

3.2 96 reviews

82% Approve of the CEO

Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler

Richard B. Handler

(65 ratings)

56% of employees recommend this company to a friend

Review Highlights

Pros
  • Solid deal flow in San Francisco(in 5 reviews)

  • Excellent IT to work with, good HR profile, great people to work with(in 5 reviews)


Cons
  • Work life balance is slightly worse than at other major banks for similar compensation(in 9 reviews)

  • Long hours and heavy responsibilities(in 6 reviews)

96 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • No Opinion of CEO

    2 people found this helpful  

    Left in the garbage

    Information Technology (Former Employee)

    ProsThere are not many Pro's to talk about, the only thing that comes to mind was having longevity, however all that has changed now. The benefits where fairly good compared to other companies.

    ConsTreated like a second class citizen, support staff is an afterthought, the only thing that drives this company is their producers. Staff is treated like an expense that no one wants to on their budget sheet. Leaving no opportunity for growth and little opportunity to enjoy working around fellow employees.

    Advice to Senior ManagementLearn to manage people not your wallet, the idea of putting the biggest earner in the management position does not make for a good manager, it makes for someone who still only cares about his bottom end. Most management would rather ignore problems than deal with them because it takes them away from their earnings. The biggest fault is there is little to no communication between management of other groups which leads to a lot of miss-communication, rumors, segregation of departments.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    over worked and under paid

    Anonymous Employee (Current Employee)

    ProsReally not much pros at all.

    ConsToo many to list here.

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

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    decent place

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

    ProsExcellent IT to work with, good HR profile, great people to work with. Robust processes in which to get things done with clear workflows to track items.

    ConsRigid pay policies and lack of transparency around them. Advancement within teams and to new teams is not always transparent - many senior positions appointed through networking and not through advertisement and interviews.

    Advice to Senior ManagementTransparency required for new positions and promotions to allow all to apply.

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    strong entrepreneurial culture, good management

    Anonymous Employee (Former Employee)

    Prospay, culture, people work hard

    Consnothing bad to say here

    Yes, I would recommend this company to a friend

     

    It was an enjoyable place to work

    Anonymous Employee (Former Employee)

    ProsThe people were friendly and great place to learn

    ConsNot much room for movement

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    • Disapproves of CEO

     

    Worse company I ever worked for

    Web Developer (Former Employee) New York, NY (US)

    ProsPay was the most competitive I ever had, gave a great sense of global perspective.

    ConsHorrible work/life balance, disrespectful co-workers who made the most gross generalizations and racially insensitive remarks ever. Boss was endorsed and promoted for being a small minded jerk who even dipped chewing tobacco right in the middle of the office. Constantly made fun of people with disabilities and try to do nothing but cover up their awful behavior.

    Advice to Senior ManagementFire everyone who clearly demonstrates such poor behavior.

    No, I would not recommend this company to a friend

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    Tough hours and work environment

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

    ProsPays well for someone right out of undergrad

    ConsSell themselves as a flat organization and different than other investment banks in terms of respecting your work/life balance. They are no such thing. Just as bad (and if you include the below the street pay and exit opportunities they are worse) as any investment banking gig out there

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

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    • No Opinion of CEO

     

    fair, conservative, no growth

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

    Prosconservative, sails through tough times

    ConsB leage, too conservative, cheap

    Advice to Senior Managementmake the changes to become a major leage player

    Yes, I would recommend this company to a friend

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    • Disapproves of CEO

     

    Very uneven compensation in the S&T businesses

    Anonymous Employee (Former Employee)

    Pros+ Huge opportunities to advance quickly if you are good
    + Growing, improving product

    Cons+ Clubby, old boys atmosphere
    + Compensation is wildly uneven and totally opaque; doesn't often seem to be correlated with performance
    + Management doesn't communicate with employees leading to an environment of suspicion and gossip
    + Limited investment in technology hampers growth of firm

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

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    • Approves of CEO

     

    Does not value junior bankers, quickly growing company with opportunity to make impact

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

    ProsSome deal teams are lean and you get a lot of responsibility and interaction with senior bankers and clients as an analyst. More opportunities to run a deal.

    Jefferies used to provide good perks (lunch, mobile plan reimbursement, huge discount to LA Sports Club for analysts, etc.) but then they disappeared during the downturn.

    ConsDuring the downturn, they laid off junior bankers first and then made aggressive strategic senior hires.

    They claim that analyst bonuses were on par with the rest of the street, but very few actually get that top bonus relative to other banks.

    Certain IB groups have a terrible reputation. Tech (formerly Jefferies Broadview) used to do great deals, but now run by mostly political senior bankers.

    Advice to Senior ManagementJefferies has a bad reputation for its treatment of junior bankers. My analyst class had such a bad experience that many would never go back.

    No, I would not recommend this company to a friend

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