Jefferies & Company

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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
    • 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

    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

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    • 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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Rigorous, but learned a great deal

    Anonymous Employee (Former Employee)

    Pros- Smaller firm, work directly with MDs
    - High responsibility

    Cons- Long hours (60-100/week)
    - Stringent management and demanding teamwork

    Advice to Senior ManagementReviews on a more frequent basis

    No, I would not recommend this company to a friend

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

    2 people found this helpful  

    Not crazy about the culture

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

    ProsSomewhat entrepreneurial but wasn't always clear credit was given appropriately.

    ConsNo one cares if people are treated poorly by their manager.

    Advice to Senior ManagementIf management likes the culture, then that's their choice. Not sure if it merits advice.

    No, I would not 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  

    Growing Company, Poor Timing

    Sales Associate (Current Employee) Boston, MA (US)

    ProsVery Flat organization and Leadership is surprisingly transparent
    Avoided many of the investment mistakes that sank competitors in the industry
    Some of the best people I have ever worked with in my career

    ConsNo clear processes regarding career development.
    If you don't find a strong niche for your skills and talent, you will be passed over.

    Advice to Senior ManagementFinds ways to instill a stronger sense of culture and values
    Invest in ways to formalize hiring and career development

    • Culture & Values
    • Work/Life Balance
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Smart people in the weeds

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

    ProsThis company has really smart people all over the place. The atmosphere is generally nice, and the company is very ethical. Compensation is slightly below fair, but is made up for by a good working culture. The firm's reputation is great.

    ConsNon-managers have careers that stagnate largely due to politics. Managers have no incentive to promote and nurture great talent, and thus they focus only on making sure those above them hear what they want to hear. They can't promote as it would compromise their very own roles.

    The CEO and chairman have a different mindset, however their mentality doesn't always trickle down.

    Advice to Senior ManagementThere is a world beyond management. The real people who are doing work are oven overlooked. Look at all those people who are VP and below and focus on them as much as you do all those at SVP and above.

    • Culture & Values
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    • Career Opportunities
    • No Opinion of CEO

     

    Good middle market IB firm

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

    ProsAs professional service mid-sized firms go it's not a bad place to work. You get more out of it if you are in the core competency - a banker. If you directly report to nice people then it is tolerable.

    ConsNot much in the way of professional growth or development or opportunities for promotion unless you are a banker. Low pay for non-banker personnel. As with most firms, senior management hasn't a clue as to what is going in their own firm. If temping, they take a long time to bring you on board...it does depend on department. Some have more clout with senior management than others.

    Advice to Senior ManagementTreat all the workers the same, give them all advancement opportunities so they want to stay. Create work-life balance policies and implement them.

    – I'm optimistic about the outlook for this company

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

     

    Has grown to become a man

    Investment Banker (Former Employee)

    ProsVery focussed on growth and becoming a big player. Has been able to obtain a reputation to hire very good and smart people which will look very solid on your resume.

    ConsBecoming a big bank, feels a bit like being a small cog in large machine

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

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