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Bear Stearns

Acquired by J.P. Morgan

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Bear Stearns IT STaff - Anonymous employee Bear Stearns Employee Review

2.0
May 1, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People were good to work locally Starting pay was usually commensurate with the industry

Cons

Compensation was always an issue - bonus' were very meek to IT staff even in good markets and raises were not granted - all pay treatment was done as bonus No 401K match No pension -profit sharing and that was not very good either Frequently changing benefit providers Bonus' were mostly distibuted based on who you knew rather than what you did They often made rules but when a senior exec challenged a rule when trying to enforce it they would rarely if ever back local managers Some staff at some sites were outsourced and others were not, also done based on popularity of the local site managment with NY

Explore other reviews about Bear Stearns

5.0
Nov 29, 2021
Recommend
CEO approval
Business Outlook

Pros

Amazing company We have all the mortgage backed securities Great ethics

Cons

Too cool for the SEC 😎

4.0
Oct 4, 2008
Recommend
CEO approval
Business Outlook

Pros

Great advancement in the industry, lots of learning, steep learning curve if you like that. Everyone told me that investment banking was the way to go and I can definitely see why. You learn so much and a lot is expected of you right from the start. You are surrounded by very very very smart people and you can learn a lot from them too. Then there is also the pay. You get paid a lot for the hours that you put in and it looks amazing on your resume to have a company like this on there to speak for you.

Cons

The fact that you really have no time for your family and friends really takes a toll on your lfestyle. I was only an intern there but I didn't have much of a chance to see people I cared about or work out.

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