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

Explore other reviews about Jefferies

5.0
May 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Lots of deal flow. Chance to learn a lot

Cons

Working hours are expected to be long. Competition

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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