Jefferies IB Pay and Culutre?
Anyone could provide some insight into what the culture, hours and pay is like at Jefferies? I have heard from people that their pay for the past 2 years has been absolutely garbage.
Trending Content - Investment Banking Forum
| +94 | Do people still want to go PE? | 28 | 11h |
| +60 | Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion | 12 | 2d |
| +46 | Think I'm fucking up my analyst years | 16 | 2d |
| +30 | Lazard hirevue | 10 | 11h |
| +29 | What Differentiates the Best Analysts as AI Improves? | 7 | 9h |
| +27 | Big 4 M&A vs. Lincoln Portfolio Valuations | 6 | 4d |
| +26 | Ambitious CC Student trying to break into IB | 13 | 2d |
| +25 | UBS Layoffs (October 2026) | 11 | 2h |
| +22 | Not doing well mentally, how are others doing? | 7 | 4d |
| +18 | Cornell Club T10 Rankings (UPDATED 10/2026) | 14 | 7h |
Career Resources
Heard its still a sweatshop
Heard pay is actually pretty good it’s just a terrible place to work.
Pay is terrible. Look at the bonus thread
Extremely sweaty
What does sweaty mean? And what's the pay? Everyone tell me that it's been pretty garbage pay.
Sweaty generally means that it’s an over worked toxic group, I think it comes from the term sweatshop. So most people say sweaty to mean shitty lol
Bonuses were bad the last 2 years. Tons of insufferable people in mid levels. Sharp elbowed seniors. If you want to suffer you might as well go somewhere that compensates you
I hate jefferies
DM Dick Handler on Instagram, I’m sure he’d respond
Search the forum. Jeff is featured plenty.
Former Jefferies employee - they used to be known for paying slightly above street (between BB average and EB pay) but since 2022 they've been paying in line with BB street if not below due to splashing the cash on guaranteed comp for lateral seniors. Culture varies significantly by group - Jefferies really has no unified culture due to high they have grown their franchise inorganically. Hours can get really sweaty in some groups, and other groups are relatively chill.
Ex Jeff in PE. Pay been ass last 2 years. Correct there is no culture, bullpen is fun though. Extremely variable by team let alone group. Jefferies doesn’t have clients, their MDs do, making them extremely sharp elbowed and territorial. Every MD runs their own business. This is true at every bank but ESPECIALLY true at jefferies. Pay will not improve for juniors / mid levels until the market turns around. Too much guaranteed comp for new MDs from BBs. Hours generally ass, but not as bad as hyped up on this forum IMO. Heavily group and team dependent.
Define bad - 70 a week?
Pay has been bad the last 2 years. Culture at most large groups is bad
What are typical hours / week in the HC group?
Also curious on HC
bump
What does bad hour mean? Also, is there a lot of execution or still a lot of pitching? What does pay at the aso level historically look like?
No one has mentioned the non comp benefits of being a Jeff employee, ie. the opportunity to dine with Rich Handler and hear his life lessons in person rather than just following his riveting Instagram stories
Doing tricks on it
Pretty sweaty.
Pay (bonuses) has been pretty low last 1-2 years as they are aggresively expanding (i.e. poached a ton of the Barclays guys in Toronto when Barclays closed down their Toronto office).
Pretty good industrials team I believe, can't speak on anything else
How is WFH for analysts? Is this generally accepted/allowed late at night to do work home?
Curious about this as well
Combination of low pay, terrible hours and trash culture. Why not apply?
How is HC team?
worst group in terms of WLB. 80-100+ hrs, toxic old school cutlure.
Pay is trash. Culture is trash.
Which group?
What is their 401k match?
The worst place to work full stop
As a client of Jeff, I think they overwork their juniors. It's the worst reputable bank to work in on the street, and the pay is bad as a junior. A great deal of experience, though, across the size spectrum. It's culturally bad now and always has been, will not change because it has worked great for the bottom line. Jefferies is one of the best banks to be a senior in and the worst to be a junior in.
Ive heard good things about Jeff based on rich handlers instagram, also litquidity on instagram always mentions great things about jeff all the time! I wonder why.... that must mean its a great place to work
Eos dolores eaque optio error ea. Nulla voluptatibus consequatur corrupti veniam nisi est molestias. Saepe aperiam tenetur nisi et. Minus debitis et rerum autem ullam atque. Nihil reprehenderit error modi eum iure.
Fugiat in incidunt quis et. Praesentium itaque voluptas veniam. Hic tempore sit recusandae ut maxime quibusdam. Placeat delectus velit id ipsam dolor et quis voluptas. Molestiae culpa aut aut voluptas minus animi. Non tempora consequatur libero reiciendis magnam dolores dolor et. Explicabo in id omnis nobis.
Ut numquam sit molestiae dicta adipisci. Impedit est mollitia sequi. Unde quis doloremque error vel est asperiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Earum odio possimus molestias voluptates illo eligendi tempora. Quaerat quia dolorum quas ullam omnis atque consequatur aperiam. Et nemo culpa nesciunt consequatur non.
Sapiente voluptatem aliquid minima magnam id. Placeat eaque ut officia. Sed aliquid esse itaque deleniti est ex id voluptas. Ullam in doloribus ducimus libero accusamus. Voluptatem omnis cum saepe sit odit voluptatem.
Qui est sint est numquam architecto porro aut. Fugit dolorem optio laborum est. Eum omnis perspiciatis odio asperiores adipisci ut alias quibusdam. Enim excepturi occaecati ipsa ipsa.
Dolorem nihil possimus qui magni placeat. Aut vero cumque sit tempore rem rerum fuga. Commodi aut cumque ipsa ipsam. Magni a praesentium deleniti facere ad cum ipsa.