Lehman Brothers

  www.lehman.com
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Lehman Brothers Reviews

Updated Jul 11, 2014
All Employees Current Employees Only

3.5 183 reviews

40% Approve of the CEO

Lehman Brothers CEO Richard Fuld Jr.

Richard Fuld Jr.

(20 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Great work life balance and financial packet(in 14 reviews)

  • Ahead of other investment banks in promotion of women(in 15 reviews)


Cons
  • Managers show no sympathy for junior people for working ultra long hours(in 18 reviews)

  • Towards the end there was morebegoninvolved by he senior management and that led to the rims downfall(in 14 reviews)

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

     

    What-a-firm! RIP

    Analyst (Current Employee) Mumbai

    ProsWorld class, top tier firm

    ConsDoesn't exist anymore :( according to some people ;)

    Advice to Senior ManagementMake a comeback guys <3

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

    • Culture & Values
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    • Approves of CEO

     

    Excellent working for LB, equal employer

    Project Manager (Former Employee) Mumbai

    ProsExcellent culture
    Work Life balance
    Open door policy
    Bonuses
    Benefits

    ConsNo Cons it was a great company to work and helps in career development

    Advice to Senior ManagementEmphasize on increasing productivity and efficiency by applying industry cost cutting measures

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Experience at Lehman India

    TDP Developer (Former Employee) Mumbai

    ProsTraining Program was really good. Colleagues were very helpful and professional.

    ConsI was not able to find any issues in the company. Everything was fine.

    Advice to Senior ManagementManagement at India office handled the Bankruptcy nicely. Nomura acquired the India office and I worked for Nomura for around 3 years. I don't think they need any advice.

    Yes, I would recommend this company to a friend

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

     

    General

    Senior Developer (Former Employee) Mumbai

    ProsGreat environment and people to work with. Excellent oppurtunities were present for everyone to learn and grow, guidance provided by the management was at par.

    ConsBy working with many banks I still can't find any negative point for LB, other than the unfortunate event of it being Bankrupt.

    Advice to Senior ManagementIf the company would have existed today I & many people like me would have never left an org. like LB

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

    • Work/Life Balance
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    • No Opinion of CEO

     

    Awesome

    Operations Analyst (Former Employee) Mumbai

    ProsA great company where "Vision Gets Built"

    ConsToo leveraged and improper risk management pratices

    Advice to Senior ManagementPlease listen to employees when they ring alarm bells

    Yes, I would recommend this company to a friend

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

     

    Good environment and friendly people

    Anonymous Employee (Former Employee) Mumbai

    Proslots to learn
    good challenging roles
    good cafeteria
    Friendly environment
    good transportation services
    excellent health benefits in comparision to similar companies

    ConsLong hours of work is the usual culture
    Competition from companies
    Attrition rates is very high and management hardly does anything to keep the talent
    Management
    Salary

    Advice to Senior ManagementNA

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    Lehman is simply the best place to build a career

    Senior Software Developer (Former Employee) Mumbai

    ProsIt is a strong brand. One of the best investment banks to work for. It cares for its employees and is very receptive to ideas. Seniors demonstrate a lot of respect for ideas and it is a meritocracy in the true sense.
    There is a sense of achievement in working at the place and there is constant recognition. Work is invariably suitably rewarded.

    There is a great amount of knowledge sharing across teams and across division and regions.

    Besides the professional front, there is a lot of extracurricular activities and philantrophy related activities that the firm encourages you to be a part of and is extremely supportive.

    ConsIt is one of the smallest of the investment banks. It is never a concern for me, but could be for some others. There are very few downsides that i can think of

    Advice to Senior ManagementKeep doing a great job. Take the company through this tough time and back on the way to the top of the pyramid.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Great people. Great culture. Strong development

    Anonymous Employee (Former Employee)

    ProsStrong track record in departments. Growth potential at firm. Training for employees. Continuous learning. Nice outings to sports, cultural, and other events. Many incentives for employees.

    ConsStock price. Important to plan time off; ie advise office of an upcoming trip. Given size of company, interaction with senior people may occur 1-2x per quarter. However, people show willingness to meet with employees at all levels.

    Advice to Senior ManagementContinue to invest in employee development. Continue to pursue growth opportunities.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Disapproves of CEO

     

    Good experience at the time

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

    ProsGood culture/ reputation at the time

    ConsFirm took too much risk

    Advice to Senior Managementn/a

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

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    • Senior Management
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    • Disapproves of CEO

     

    Good - but no long term longetivity due to it being a company in administration

    Vice President (Former Employee) London, England (UK)

    ProsGreat work life balance and financial packet

    ConsI cannot present any cons to this company given that the company is winding down

    Advice to Senior ManagementNone to share

    Yes, I would recommend this company to a friend

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