Is there any point joining them now that cap markets are quieting down? Obviously their business is pure play IB so heavy dependent on the activity/vol in cap markets . Is it still worth joining them?
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I’m sure the WSO Jefferies meat sucking team would love to give you paragraphs on this
ok well do it then??
I don’t know why but “meat sucking” is so hilariously grotesque and off-putting 😅
personally not in the JMST (Jefferies Meat Sucking Team) but expect them to say some jargon like fast-growing, almost a BB, blah blah blah
Thank you for officially coining this.
preview of comments to come:
lev fin! Healthcare!
UMM! MF!
big bonuses!
lean deal teams!
sweatshop!
....Moving up the league tables blah blah blah
Lol the pendulum of people promoting Jefferies and people hating on those that do swings so violently. Be careful OP, just remember it’s a great bank with some good groups and is very reputable.
Jefferies and RBC are very reputable
Unfortunately you went to neither - have fun being relegated to Tobin!
I love how you need to edit ur hot takes when you get MS. Would have felt that you are pretty used to it by now lol. Then again, a coward does what they know to do best - hide.
Starting bid $500
Wtf is going on in this thread? Can I get some genuine replies?
No one is going to “sell you” Jefferies. There are plenty of threads on the bank that are recent, go spend some time searching and reading through.
Where
You only need to be sold on a bank when you have another decent competing offer. this post is moronic, go spend your time figuring out how to sell yourself
It’s a good shop, especially if you like mm volume
They have clawbacks at associate and beyond that are the worst in the industry.
sold yet?
doesn't your next employer pay it off?
If it’s not a market or expected term, then no. Clawbacks are common for MDs, but not associates or VPs - the difference being associate and VPs are kept whole on non-vested equity
don’t remember JEFF policy specifically but I thought they clawed back cash bonus for either most recent year or most recent 2-3 years on a fixed step-down
quite frankly, at the associate level we’d probably just hire somebody else given similar talent available than deal with a Jefferies lateral headache
To be fair, isn’t that their way of vesting since the bonus is all cash? Don’t know this for a fact but it’s what I’ve heard.
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