Jefferies & Company

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Jefferies & Company Reviews

Updated Jul 27, 2014

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All Employees Current Employees Only

3.2 98 reviews

82% Approve of the CEO

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

Richard B. Handler

(66 ratings)

55% 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)

More Highlights
98 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Experience for an intern

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

    ProsGood environment, and helpful mentor

    ConsNo payment for part-time intern

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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

     

    A so-called “Best Place to Work” three years in a row -- Really?

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

    ProsThey like to hire people from top firms. So it is easy to negotiate for a large salary hike when you join. But don’t expect too much afterward. Working hours are decent.

    ConsThe cash bonus clawback policy was supposed to apply to all, but some seniors get away with that, and leaving the lower level employees have to pay back when they leave. If you leave, you will have to pay back your last years bonus!

    Your direct manager reviews your emails, Bloomberg chats, and internal chat system every week.

    They like to outsource a lot of functions (not just those typical ones that are widely known). You won’t be surprised if one day they tell you that you will continue to do what you do, but no longer their employees.

    Advice to Senior ManagementStop being so hypocritical, You are not a big boy on the Street, and you will never be!

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • No Opinion of CEO

     

    Great if you get a contract

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

    Pros- Pays some people very generously
    - Great people: intelligent, good energy

    Cons- Pays some people very poorly
    - Quick to cut any sectors that underperform
    - Management strategy changed frequently

    Advice to Senior Management- Stop trying to be bulge bracket

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Losers

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

    ProsI have no pros for this company.

    Consdropped me after 5 years with no severance pay. Said i was at least going to get health insurance for another month and tried to screw me on that also.

    Advice to Senior ManagementQuit thinking you are goldman sachs, you're not.

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

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

     

    Vice President

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

    Prosexcellent place to work. great people. results focused. great culture. Compensation is at market or above.

    Consfocused on profit generation so probably better come in here at more senior level - not super focused on training resources.

    Advice to Senior Managementkeep on doing what you have been doing

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Firm is in a good position, probably a bit too much hype

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

    ProsPeople generally very understanding, hours very reasonable for investment banking, senior leadership very approachable (would sit in VP+ offices, calls, etc.), not too much cutthroat competition

    ConsDeals after fairly small, spent a lot of time chasing down <$1B deals. A lot of pitching. A bunch of very senior people from other firms who aren't used to working in a lean environment. Budget cuts seem random

    Yes, I would recommend this company to a friend

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

    1 person found this helpful  

    Good

    VP-IT (Former Employee) New York, NY (US)

    Prosit is still a small company

    Consit is getting big company politics

    Advice to Senior Managementstart a track for advancement of techies who don't want to get into management

    – I'm optimistic about the outlook for this company

     

    Associate

    Anonymous Employee (Former Employee)

    ProsSmall team, ability to make an impact

    ConsMore work than other banks

    Advice to Senior ManagementPay more

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Foster City Office / Tech Group

    Anonymous Employee (Former Employee)

    ProsGood opportunity to do IBD in tech... you can lateral to a bulge or have a shot at joining tech from the investing/biz dev side. Office has nice views of the man-made lake in Foster City, - first-row seats to the July 4th fireworks.

    ConsPunishing work culture with unfriendly senior management, even by IBD's standards. Extremely high turnover among analysts and associates... even Jefferies NYC guys are surprised.

    Advice to Senior ManagementDon't drive your juniors so hard, and say hello to them once in a while.

    No, I would not recommend this company to a friend

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

     

    Trying to play in the big leagues. An Ok place to work for Equity research

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

    ProsAggressive culture. Jefferies has been trying to gain market share away from some of the larger players. They have been trying to hire away talent from some of the bigger shops such as UBS and Morgan Stanley by luring people with 2 year guarantees. Not sure if this model is sustainable if they don't generate enough revenues through these new hires.

    ConsHours could be long. Sales can get demanding at times. Year end review process is relatively opaque. There is a push to get analysts II ranking, which means a ton of outbound phone calls (500+) every month. This activity among others is tracked internally.

    Advice to Senior ManagementListen to what the employees are saying. Don't rush to get too big too soon.

    Yes, I would recommend this company to a friend

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