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Lazard Claimed Company
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 41 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. read more
Lazard Company Culture
Lazard Culture
This score is derived from employee ratings & reviews3.9/5
Lazard's Overall Culture is rated B
Top Rated Culture Dimensions
CEO Rating
A+Compensation
APerks & Benefits
A-Outlook
A-Happiness
BLazard CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Peter Orszag
82 /100
See More
Diversity at Lazard
Bottom 5%Bottom 5% of Similar Size Companies on Comparably
F
Diverse employees at Lazard have rated CEO Rating, Work Culture, and Leadership as the highest categories they have scored
Women at Lazard
Bottom 10%Bottom 10% of Similar Size Companies on Comparably
D-
Women at Lazard have rated CEO Rating, Leadership, and Work Culture as the highest categories they have scored
Lazard eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 25%Top 25% of Similar Size Companies on Comparably
Recommend to a Friend?
25
Lazard employees are 25% more likely to recommend Lazard as a great place to work
| 58% | Promoters |
|---|---|
| 9% | Passives |
| 33% | Detractors |
Working at Lazard
Working at Lazard is rated average by 51 employees, across various culture dimensions. Lazard employees are most satisfied about CEO Rating, Compensation, and Perks And Benefits categories, putting Lazard’s culture in the Top 30% compared to similar sized companies on Comparably and in the Top 40% compared to other companies in New York. See below in detail how working at Lazard was rated by employees.
Overall Company Culture at Lazard
B
Overall Company Culture at Lazard is rated B
Last updated 24 days ago
Top
30%
Lazard ranks in the Top 30% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Lazard Employee Reviews
Out of 31 Lazard employee reviews, 71% were positive. The remaining 29% were constructive reviews with the goal of helping Lazard improve their work culture.
| Positive Reviews | 71% |
|---|---|
| Constructive Feedback | 29% |
Positive Reviews From Lazard Employees
- What makes you most happy at work?Being a part of a talented team.
- What is most positive about the culture and environment at your company?Empowered to make an impact. Culture of trying new things and tools.
- What do you like best about the leadership team?They are very visible and transparent about our opportunities and challenges.
Constructive Feedback From Lazard Employees
- What needs to change to make the company culture better?Management/ managers need to listen the team they manage.
- Why do you feel undervalued and what would make you feel better about your compensation?I do feel, I did best and contributed tons of tasks and projects apart from my day to day responsibilities but sadly my manager akways makes me demotivated and when i talk about my growth based on the contribution and perfomance and the turns away always.Management is super weak in this organization
- What would you most like to see improved at your company?The culture needs to change. It's very much a come in, do your job, and leave culture. No one really talks to each other. It's extremely quiet.
Lazard Company Information
Lazard Company Overview
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 41 cities across 26 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.
Lazard Mission, Vision & Values
Lazard Mission & Values
Lazard’s purpose is to serve clients. From our beginning, this basic premise has shaped our culture and structure.
| Headquarter | 30 Rockefeller Plaza New York City, NY 10112 United States of America |
|---|---|
| Website | www.lazard.com |
| Founding Date | 1848 |
| Company Status | Public |
| Stock | LAZ |
| Social Sites |
Lazard Competitors
Lazard competitors include Goldman Sachs, UBS, Charles Schwab, and Morgan Stanley. Lazard ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Lazard compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Lazard Employees
51 employees at Lazard have reviewed Lazard across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 24 days ago.
Overall, the 51 Lazard employees give their leadership a grade of B, or Top 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Lazard are pleased with their total compensation at Lazard, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Lazard are generally satisfied with their team. 51 Participants grade the quality of their coworkers a C+. The majority believe the meetings at Lazard are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Lazard believe the environment at Lazard is positive. Most Participants believe the pace of work at Lazard is comfortably fast. About 29% of the employees at Lazard work 8 hours or less, while 7% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Lazard are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Lazard - Employee Onboarding
The prevailing opinion from employees about joining Lazard is that the company was somewhat prepared on their first day. Lazard employees concluded that their overall onboarding experience was negative. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Lazard KPIs and OKRs
At this moment no Lazard employees have provided insight into whether or not they clearly understand Lazard's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Lazard CEO & Leadership
Lazard CEO - Peter Orszag
82 /100
Lazard’s CEO Peter Orszag started in this role in 2023. Peter’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in New York. Lazard’s CEO is highly regarded especially by employees in the Finance department, employees with 1 to 3 Years experience, and Male employees. However, employees in the Operations department, Female employees, and employees with Over 10 Years experience have a less favorable view of the CEO and believe there is room for improvement. Compared to Lazard’s competitors, Peter Orszag ranks right above Goldman Sachs CEO David M. Solomon. Under Orszag’s leadership, Lazard employee respondents are most happy about their Compensation and the company’s Perks And Benefits. Diversity and Gender are two areas, according to respondents, where Lazard could stand to see real improvement.
Lazard Leadership
The Lazard Executive Team is rated a “B-” and led by CEO Peter Orszag, CEO of Asset Management Evan L. Russo, and Managing Director and Co- Head of Boston Office Michael Murray
Peter Orszag CEO / President
Peter R. Orszag is CEO and Chairman of Lazard, the preeminent global financial advisory and asset management firm. He... read more
Evan L. Russo CEO of Asset Management
Evan L. Russo became Chief Executive Officer of Lazard’s Asset Management business in June 2022. He previously served as... read more
Michael Murray Managing Director and Co- Head of Boston Office
Michael Murray, Mike has been Managing Director of Lazard Ltd., since September 2007 and serves as its Co- Head of... read more
Christopher Mulshine Managing Director for Private Capital Advisory
Mr. Christopher Mulshine, also known as Chris, has been Managing Director for Private Capital Advisory at Lazard Ltd.... read more
Richard Hoyle Managing Director of Financial Advisory
Mr. Richard Hoyle has been Managing Director of Financial Advisory at Lazard Ltd. since September 2014. Mr. Hoyle served... read more
Andreas Schreiber Managing Director of Financial Institutions Group
Andreas Schreiber has been Managing Director of Financial Institutions Group at Lazard Ltd. since October 2006.
Glenn Porritt Managing Director and Head of Singapore Investment Banking
Mr. Glenn Porritt has been Managing Director and Head of Singapore Investment Banking at Lazard Ltd. since 2012. Mr.... read more
Jerry R. Wiant Managing Director of Financial Institutions Investment Banking
Mr. Jerry R. Wiant has been Managing Director of Financial Institutions Investment Banking at Lazard Ltd since August... read more
Richard Stables Global Co-Head of Restructuring and Head of European Debt Advisory
Richard Stables serves as the Global Co-Head of Restructuring and Head of European Region at Lazard Ltd.
Lazard Salaries
How much does Lazard pay?
How much do people at Lazard get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Lazard is $119,124, or $57 per hour, while the estimated median salary is $117,047, or $56 per hour.
At Lazard, the highest paid job is a Senior QA at $224,259 annually and the lowest is an Admin Assistant at $47,965 annually. Average Lazard salaries by department include: Operations at $82,842, Product at $164,683, Marketing at $95,768, and Finance at $88,836. Half of Lazard salaries are above $117,047.
18 employees at Lazard rank their Compensation in the Top 10% of similar sized companies in the US (based on 58 ratings) while 18 employees at Lazard rank their Perks And Benefits in the Top 15% of similar sized companies in the US (based on 21 ratings).
Salaries contributed from Lazard employees include job titles like Financial Analyst. Comparably data has a total of 1 salary records from Lazard employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $68k | $68k | 1st Percentile |
17th Percentile $90k | $90k | 17th Percentile |
33rd Percentile $116k | $116k | 33rd Percentile |
50th Percentile $176k | $176k | 50th Percentile |
67th Percentile $226k | $226k | 67th Percentile |
83rd Percentile $275k | $275k | 83rd Percentile |
100th Percentile $298k | $298k | 100th Percentile |
$119,124*
Average Compensation
$117,047*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Lazard Salaries by City
Lazard Salaries by Department
Diversity & Inclusion at Lazard
Diverse employees at Lazard score the company 42/100 across various culture categories, placing Lazard in the Bottom 5% of companies on Comparably with 1,001-5,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Lazard across various culture dimensions.
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.,,Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for more than 170 years.,,The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can bring their authentic selves to work and maximize their individual potential as well as our collective success.
Ranked Culture the Highest
Ranked Culture the Lowest
Lazard Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
- Gym Membership / Reimbursement
Paid Time Off
- PTO / Vacation Policy
- Maternity / Paternity Leave
Lazard PTO
Lazard's PTO and Vacation policy typically gives 15-20 days off a year. Paid Time Off is Lazard's most important benefit besides Healthcare when ranked by employees, with 50% of employees saying it is the most important benefit. Lazard's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Lazard Careers
Lazard Jobs
No Recent Jobs found for Lazard on Comparably
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H1B Visa
In 2019, Lazard applied for 59 H1B visas. Of the work permits applied for, 85% were approved, 12% certified-withdrawn, and 3% withdrawn.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Lazard unveil that 2 approved work permit applications were withdrawn before the employee’s start date, and 7 were withdrawn by Lazard after the employee’s start date.
Work Permit Application Outcome
59
Total Applied
H1B Applications Outcome
- 85% Granted (50 out of 59)
- 0% Denied ( out of 59)
- 3% Withdrawn Application was withdrawn by the employer before approval/rejection (2 out of 59)
- 12% Certified-Withdrawn Application was approved but later withdrawn by employer (7 out of 59)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Lazard Know You Want To Work There
Overview of Candidates Interested in Lazard on Comparably
Candidates By Department
All Industries | 50% | |
|---|---|---|
Marketing | 25% | |
HR | 25% |
Candidates By Location
New York City | 75% | |
|---|---|---|
Toms River | 25% |
Frequently Asked Questions regarding Lazard
What is Lazard address?
Lazard location is at 30 Rockefeller Plaza
Who is the CEO of Lazard?
Lazard CEO is Peter Orszag, their score by employees is 82
What is Lazard eNPS?
The eNPS for Lazard is 25
What is Lazard revenue?
Lazard revenue is $3B
What is the salary for Sales Engineer in Lazard?
Sales Engineer average salary in the US is 165k
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