Jefferies & Company

  www.jefferies.com
  www.jefferies.com

Jefferies & Company Reviews

Updated 31 October 2014
Updated 31 October 2014
114 Reviews
3.1
114 Reviews
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Jefferies & Company Chairman and CEO, Jefferies Group and Jefferies & Company Richard B. Handler
Richard B. Handler
76 Ratings

Review Highlights

Pros
  • Jefferies investment banking division is an up and comer in the industry (in 8 reviews)

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


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

  • the management of the company, long hours (in 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Corporate Enviroment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Jefferies & Company full-time (more than 8 years)

    Pros

    Steady job, fast paced, comfortable environment

    Cons

    No growth for staff and lack of staff support

    Advice to ManagementAdvice

    Offer better compensation for staff

    Doesn't Recommend
    Positive Outlook
  2.  

    Business Analyst in Operations

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

    I worked at Jefferies & Company as a contractor (more than an year)

    Pros

    People are great. Warm environment

    Cons

    Upper Management doesn't have a clue. Some senior VPs are cool. It's the head of departments that are oblivious. They do not compensate their employees properly for the job they do.They have no plan, do not have their act together.

    Advice to ManagementAdvice

    Take your head out of the sand. People are leaving because you are too busy giving dinner parties in your pent house for people that don't matter! Take care of your employees, the ones doing the grunt work.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Worst Bureaucracy ever...with little movement (Operations)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Business Analyst in New York, NY (US)
    Current Employee - Junior Business Analyst in New York, NY (US)

    I have been working at Jefferies & Company as a contractor (more than an year)

    Pros

    Free cereal and coffee. Nice building lol

    Cons

    Operations division is the worst

    Advice to ManagementAdvice

    Do some research before hiring your PM's for compliance projects

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Best mid-market bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst, Investment Banking in London, England (UK)
    Current Employee - Analyst, Investment Banking in London, England (UK)

    I have been working at Jefferies & Company full-time (more than 3 years)

    Pros

    Work-life balance, culture, career growth opportunities

    Cons

    Not well known in the market, few exit options

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Grueling yet rewarding.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Associate in New York, NY (US)
    Current Employee - Investment Banking Associate in New York, NY (US)

    I have been working at Jefferies & Company full-time (less than an year)

    Pros

    Teamwork and learning, they pay you and train you to the fullest extent which is very hard to find. The exposure to deals is limitless as well.

    Cons

    No cons unless you can't handle the hours.

    Advice to ManagementAdvice

    N/a

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Pleasant Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Jefferies & Company full-time (more than 3 years)

    Pros

    Good interaction with people that you work with. Pleasant atmosphere to work at. Hours are flexible. Dress code is casual.

    Cons

    Internal mobility is rare. You are asked to do a job and that job may not change a lot.

    Advice to ManagementAdvice

    sell to a Canadian bank.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Good experience

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

    I worked at Jefferies & Company as an intern (less than an year)

    Pros

    Jefferies investment banking division is an up and comer in the industry. As an analyst, it's a great place to get solid experience.

    Cons

    Work life balance is slightly worse than at other major banks for similar compensation. Don't expect to stand up from your desk without forwarding your phone.

    Advice to ManagementAdvice

    Implement group activities to help boost culture, i.e. team retreats, etc...

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Unstructured

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

    I worked at Jefferies & Company as an intern (less than an year)

    Pros

    Jefferies has a very nice culture of welcoming new members. Mid-level management is extremely competent

    Cons

    Upper management in divisions outside of Investment Banking don't seem to believe in the company, always justifying that their ways are better because they were done in Goldman. The S&T divisions are poorly structured, specially for interns that often have nothing to do for weeks.

    Advice to ManagementAdvice

    Create more (better) structured programs for new out-of-school employees and avoid trying to claim you are just like Goldman Sachs. S&T upper management supported the view that this is not a good place to work, specially out of college.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Talking a Big Game

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Jefferies & Company

    Pros

    Management's current mindset on expansion could present opportunities for financial services professionals looking to shift their current roles to a different company.

    Cons

    Continually heard from management how Jefferies was "special" and had a "uniquely different approach" to financial services compared to the traditional bulge bracket firms. In truth, it has all the pitfalls of larger rivals (uninspired thinking and leadership, internal politics) without the benefit of their expansive institutional scale and resources.

    Advice to ManagementAdvice

    There's nothing wrong with aspiring to grow your business and expand your market imprint. It's a commendable aim, and when implemented correctly with true vision and out-of-the-box thinking, there is the possibility for it to be a real drawing card for quality talent.
    Unfortunately, Jefferies has adopted an uninspired approach in attempting to gain grown on its competitors. Poaching new employees through lateral moves from rival firms and adhering to the traditional Wall St. "groupthink" that helped cause the 2008 crisis will accomplish little in a contracting industry where all participants are fighting for diminished profit margins.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Great envirenment with self driven individuals and great leadership.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Jefferies & Company full-time (more than 3 years)

    Pros

    Great work culture and excellent benefits and programs for employees and their families. Opportunities to grow in house and vertical mobility.

    Cons

    Financial Services Industry is going through a lot of stress with the excessive amount of regulations. Pressure to perform is high and turn around times are long.

    Advice to ManagementAdvice

    Increase entreprenaurship culture. Continue to increase focus on technology grow and simplification of processes. Try to foment cross sale between Investment banking and other areas.

    Recommends
    Neutral Outlook
    Approves of CEO

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