employer cover photo
employer logo
employer logo

Lazard Asset Management

Part of Lazard

Is this your company?

Communism finally slipped in - Communism finally slipped in Lazard Asset Management Employee Review

1.0
14 Oct 2023
Recommend
CEO approval
Business outlook

Pros

Fair salary and benefits are standard in the finance industry, not much else.

Cons

The HK office is a monarchy, the first thing told by the MD at the final interview was "Loyalty is a must or else! I will know if you talk behind my back!" With so much bureaucracy, the value of employees is based on how good at playing politics, and how much time is spent staying in the office. The reporting line is very confusing, with no clear lines of communication, and impossible deadlines. There is no mentorship as well, globally they have a buddy program, but not in HK/APAC. The performance is based on "loyalty" rather than skill set and experience, and "no" is not accepted in any form. 24/7 on-call is required even on holidays or annual leaves, therefore a new iPhone is a must because of its strict security protocols, which means cashing out before cashing in. The MD asks everyone to have a dedicated Lazard iPhone/device, so when my dept. head found out I hadn't gotten one yet (I wasn't sure about the stability of the job, and I couldn't afford to start a 2-year contract plus a new phone), I was given a very mean look and told I must get one soon. Long story short, if you have a choice, look for a place that treats technical professionals like humans instead of slaves or tools of political power play.

avatar
Lazard Asset Management Response
2y
Thanks for your feedback. We’re constantly looking for ways to improve the employee experience and would welcome the opportunity to hear from you directly. We invite you to please reach out to the HR team at Lazard Asset Management to further discuss your time at the firm.

Explore other reviews about Lazard Asset Management

5.0
22 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Good collogues, no toxic work culture, lean teams and everyone ready to help

Cons

Slow career progression, Average compensation, lean teams

4.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

good pay and hours were easy to do

Cons

not much other than it being nayother job here

See reviews by: Helpful|Rating|Date|All