WHICH INVESTMENT BANKS ARE BEST FOR CAREER ADVANCEMENT?
The Company Reviews section of the WSO report provides employee perspectives on a host of metrics linked to company culture and what it’s like to actually work there. Insights are based on 30,205 user submissions about experiences at their particular banks.
For career advancement, we’ll highlight employee perceptions of four metrics: (1) their company’s professional growth opportunities, (2) overall satisfaction, (3) advancement opportunities, and (4) intern offer rates. There are other metrics you can explore here.
Employees of Evercore, a global independent bank headquartered in New York City, ranked in the top three in most of the company review metrics, including No. 1 in overall employee satisfaction, proudest employees, teamwork, and best perceived pay relative to similar jobs elsewhere. Employees also ranked it No. 2 in career advancement, communication, leadership, and likely to recommend the firm to others; and No. 3 in professional growth opportunities and competence of senior management.
- Overall Employee Satisfaction (see chart top left): Second behind Evercore, Robert W. Baird & Company fell one place to No. 2 with a 99% percentile score in employee satisfaction. Jefferies & Company rose 16 places to No. 3 with 98.6% followed by Wells Fargo (98.1%) and Rothschild (97.6%).
- Professional Growth Opportunities (see chart top right): Employees of Bank of America Merrill Lynch ranked it the best (99.5 percentile) for having opportunities for professional growth within the firm, up five places from last year. Wells Fargo rose 8 places to the second spot (99%), followed by Evercore (98.6), Jefferies & Company (98.1%) and RBC Capital Markets (97.6%).
- Career Advancement Opportunities (see chart bottom left): Bank of America rose three places from last year for the top spot in this category with a 99.5 percentile while Evercore rose one spot with 99%. They were followed by Jefferies & Company (98.6%), RBC Capital Markets (98.1%) and BMO Capital Markets (97.6%).
- Intern offer rates (see chart bottom right): If you’re looking for an internship that will turn into a full-time job these seen companies had 100% of interns (that reported to WSO) received full-time offers: Union Square Advisors, Cain Brothers, Keefe Bruyette & Woods; Ducera, Miller Buckfire, Incentrum Group, and Berkery Noyes. The only Bulge Bracket Bank on the top-of list was Wells Fargo with 83.3% of interns getting offers.
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