Intelligent people, terrible culture and pay - Investment Banking Associate Jefferies Employee Review

3.0
Nov 18, 2013
Recommend
CEO approval
Business Outlook

Pros

+ Work with intelligent and work hungry people + Good health plan

Cons

+ Terrible working environment + Claw-backs and extensive restrictions on bonuses + No cohesive culture, all IBD teams have their own culture + Every man for themselves and blame culture + Some very incompetent people at the top

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5.0
Apr 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Meritocracy, good culture and work life balance

Cons

Politics and transparency from senior management

3.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Supportive firm-wide culture; competitive pay; surrounded by some of the smartest people you'll ever meet.

Cons

Like most banking jobs, incredibly long hours. Group specific: culture can be poor / not well supported, poor organization / staffing at group level.

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