2.0
Mar 5, 2009
Current employee
New York, NY
Recommend
CEO approval
Business Outlook
Pros
It used to be a relatively flat organization with strong meritocratic culture. There was more work, more opportunities, than there were bodies. This motivated people to step up to the plate, grow, learn and deliver. Work was rewarded with below-street comp, but it was rewarded thoughtfully, and fairly. These traits have left the organization.
Cons
Lehman mid-level management is strongly, unconsciously biased towards legacy lehman staff. This impacts how legacy barcap employees are viewed, paid, given opportunities and retained (or not).