Jefferies reviews

3.9

69% would recommend to a friend

(1,281 total reviews)
avatar

Richard B. Handler

83% approve of CEO

69% positive business outlook

Jefferies has an employee rating of 3.9 out of 5 stars, based on 1,281 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Jefferies employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
1.0
Oct 17, 2016

SVP

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some decent co workers, but beware

Cons

Back stabbing and micro managed by the boys club

5.0
Feb 1, 2015
Recommend
CEO approval
Business Outlook

Pros

1) Can be a junior person and, if you prove you can handle it, can run transactions from start to finish. 2) Jefferies is about hustle, people work very hard, and crave competing and winning (a theme that has been and continues to be noticed across Wall Street). 3) CEO is a very passionate guy and attends a ton of I-banking pitches with clients.... many firms claim "senior level support" to clients and transactions, but its a known fact that a CEO of a trillion dollar bank with massive businesses across the world can't possibly stand by that kind of a commitment; Jefferies CEO and #2's ability to stand behind clients with their time, energy, and deal-making skill is a real advantage for Jefferies. 4) With a large capital base supporting the growing I-bank, it is now safe(r) from the market sensitive risks that hurt the company following a somewhat baseless and poorly thought-out research report a few years back. 5) Not a bank holding company... this is a big marketing point for Jefferies, but it is nonetheless an advantage. Regulatory bodies across the world are restricting the type of business banks can participate in (i.e., high yield debt). Bank holding companies are being forced by their credit committees to turn down good clients that are levered up above regulatory standards. Jefferies is picking up this business.

Cons

1) As mentioned in the Pros column, bankers work hard. It is not for everybody. Good junior bankers here tend to be very efficient (or quickly learn to be) and commit a great deal of time and bandwidth to the job. Not necessarily a con depending on the person, but it is certainly a reality for some 2) As a more efficient firm (not speaking to comp) sometimes the resources larger BHC firms enjoy are not available to junior bankers at Jefferies. We get more than we need to do our job, but occasionally you notice a shortfall (i.e., no access to certain research reports). Again, not really a big con, but costs on non-comp items are managed closely.

5.0
Sep 3, 2014

Great place to work at one time.

Recommend
CEO approval
Business Outlook

Pros

You were treated as a partner/owner of the firm. Was a great place to work at one time. The place was truly a great place to work. The management was hands on and always made you feel important. Compensation was fair and everyone was generous. The CEO called you on your birthday! Every year! believe it.

Cons

New management brought a different feeling...just a number. Keep your head down...

Viewing 31 - 33 of 1,281 Reviews

Glassdoor has 1,640 Jefferies reviews submitted anonymously by Jefferies employees. Read employee reviews and ratings on Glassdoor to decide if Jefferies is right for you.