Jefferies ER

I’m trying to leave this BB and not too crazy about ECM as a career, so I’m looking at ER opportunities.

I’ve looked at associates at Jefferies on LinkedIn and many of them have been at the bank longer or have lateraled from a non-ER background like tech support, consulting, IB, wealth management, etc.
 

I would expect comp at Jefferies ER to be above street. What makes it a sweatshop? Do they cover a ton of names? Less associates? What makes Jefferies ER superior/subpar? It seems clients, at least from people I know at Citadel, regard Jefferies well, but I’ve also heard that the quality of research output varies.

 

All depends on the analyst. Jefferies has some

Pretty high ranked analysts

 

bumping this as I see many positions open. What's the culture and pay like? It seems like the shop runs through associates but haven't gotten anyone to confirm

 

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