Tech IndustryNov 29, 2023
AIGEiNI23

Jefferies Tech Role

Hi, Planning to accept a VP offer at Jefferies and wanted to understand the work life balance comparable to other banks. Also wanted to know work and firing culture if any. How is the tech compared to other investment banks? Any insight is highly appreciated! New TC: 200K

Amazon FatCat123 Nov 29, 2023

I was fired from there

AIG EiNI23 OP Nov 29, 2023

Can I DM you if you are ok with it? I have some questions

Amazon FatCat123 Nov 30, 2023

yes go ahead

Jefferies jefe7 Nov 30, 2023

WLB depends on manager/team. But overall is a good culture very innovative and collaborative. As for firing it’s more on performance based and to hire you dedicate time and money so it’s not like they don’t want you to succeed.

AIG EiNI23 OP Dec 4, 2023

Yeah makes sense. Are you in a tech role at Jefferies? How is your experience there?

Jefferies jefe7 Dec 21, 2023

It’s good you learn a lot since we are a lean shop. Don’t expect to coast

Jefferies 𝛼 scalper Dec 19, 2023

If you have other options, consider those first. Jefferies is a sweatshop and with the new management in tech, it is worse. Used to be a good place but not anymore. Also, depends on which group. Equities tech is better. Some infra teams too.

AIG EiNI23 OP Dec 20, 2023

How is fixed income tech? And are bonuses more or less consistent? Like around 10-15% of base? I understand it's a bank and bonuses are not guaranteed, still want to get some idea.

Jefferies 𝛼 scalper Dec 22, 2023

Anywhere from 0-30% of base. Likely 10% ish first year. 15 if you can walk on water