Neuberger reviews

4.0

82% would recommend to a friend

(523 total reviews)
avatar

George H. Walker

96% approve of CEO

71% positive business outlook

Neuberger has an employee rating of 4.0 out of 5 stars, based on 523 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Neuberger 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

523 reviews
1.0
Jul 19, 2017

Unethical and terrible culture within support depts

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- extra 15% of your base as 401k contribution, immediately vested. - decent community service programs. - people on the business side are very intelligent and competent.

Cons

- very unethical practices and behaviors - terrible managers promoted internally, lack of management training or tools to help new managers succeed - "boys club" culture within certain departments - people are not nearly in the same caliber as the bulge bracket shops. - political

1.0
Mar 13, 2016

Past Employee

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Many wonderful people. Has an incredible history and it was a true honor to represent those that actually built it. Good 401k plan.

Cons

Culture they talk of is a myth; leadership is lacking; pedigree has little to do with results; awful performance across broad group of managers.

4.0
Jan 12, 2024
Recommend
CEO approval
Business Outlook

Pros

I really like the people I work with, I find them all generally quite sharp and they inspire me to grow. The leadership team is well respected and has been in place for a long time now. The fact that it's privately owned is fantastic and I believe also promotes job security and better decision making. The 401k plan is unmatched, 15% of your comp is funded in your 401k every year, with no vesting period. The "lean" resource model provides no shortage of work/opportunities to fix things and make a difference and be noticed, The size of the firm, while difficult to learn and navigate at first, is manageable as it's not too large. Internal mobility is more encouraged now than ever before. They just lowered the threshold for eligibility to buy NB equity from SVP level to the VP level. High buy-in price though with stringent bad leaver terms.

Cons

Compensation seems far below what I've heard from others, with minimal raises each year that barely keep up with inflation, and an unclear and subjective path to promotion. Senior people don't leave which makes it challenging to rise through the ranks. I think it's a difficult place to build your career, but a great place to join if you are more senior. The lean resource model means there is always a lot on your plate, sometimes too much. No laptops or phones are provided by the firm, everyone is expected to use their personal equipment which is insane to me. Most are 3 days in the office right now, and they are starting to crack down and encouraging more in-office time. I prefer a more flexible schedule. Can be quite old-fashioned - heavy reliance on admins still, technology could use a lot of work, population skews old and white etc. Player/Coach model when it comes to managing - you are expected to do your full-time job while also managing. Also don't expect to manage anyone until you are an SVP. Parental leave policies are outdated and inequitable: primary care is 16 weeks, non-primary is only 4.

Viewing 10 - 12 of 523 Reviews

Glassdoor has 637 Neuberger reviews submitted anonymously by Neuberger employees. Read employee reviews and ratings on Glassdoor to decide if Neuberger is right for you.