Goldman Sachs

www.goldmansachs.com

Goldman Sachs Reviews

Updated January 26, 2015
Updated January 26, 2015
1,914 Reviews
3.7
1,914 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,244 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 185 reviews)

  • People are smart (no one can be lazy, people always challenge you, you learn a lot) but humble (in 46 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 323 reviews)

  • Expect to work long hours (even though management says office "face time" is not important (in 398 reviews)

More Highlights

446 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Analyst in New York, NY
    Former Employee - IT Analyst in New York, NY

    I worked at Goldman Sachs

    Pros

    It was good money. It was also close to my home which made the commute convenient. The work environment is very nice and the people are generally nice too.

    Cons

    Very stressful. The job can sometimes drain your energy and you'd get home in a not so cheerful mood.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Formerly generous firm, now highly focussed on cost management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Equities Strats in New York, NY
    Current Employee - Equities Strats in New York, NY

    I have been working at Goldman Sachs

    Pros

    GS knows your resume gets solidified by working here, so they always underpay unless you are rated top 25% and tagged as a high performer (hi-po).
    The review process in equities is all about gaming the system. As long as you are super close to your boss, you will be in top 25% . Hi-performance tag requires advanced rear-kissing skills + talent (sans talent you are out of luck anyway)
    Other 25% - you will feel unhappy but why would they pay mediocre employees?

    This pay philosophy is great if you are a shareholder :)

    Cons

    Level of competition in equities is ridiculous.
    Amazingly smart co-workers
    Always feel like you are the stupidest person in the room. Thats what working for the best I-Bank will do. Great for when you are ready to leave for a smaller shop.

    Advice to ManagementAdvice

    Doing just fine, I think as a shareholder I like what they are doing. As an employee, less so but I get it.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Pretty average

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    The management lets you to meet high level people and are very helpful in making your project a success.

    Cons

    There is not much work to do for a tech graduate in the bank.

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  5.  

    Rewarding but below expectation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Goldman Sachs

    Pros

    Good place to learn something

    Cons

    Red tapes
    Different teams have different ambitions

    Approves of CEO
  6.  

    working at Goldman Sachs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Leader in Jersey City, NJ
    Former Employee - Team Leader in Jersey City, NJ

    I worked at Goldman Sachs full-time (more than 10 years)

    Pros

    working with leading edge clients and working with highly motivated co-workers. Emphasis on using technology for system enhancements and improvements.

    Cons

    forget about highly touted work/life balance. Must be willing and eager to find ways to make improvements and demonstrate the highest regard for the all giving process. Find ways to stand out in a very competitive culture.

    Advice to ManagementAdvice

    promote from within groups

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Changing culture, pay nothing special, high expectations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Goldman Sachs full-time (more than 5 years)

    Pros

    Pay can be great, if you are a top trader or investment banker, or already senior management. Many people are smart and ambitious. High performance is often recognized and rewarded.

    Cons

    Upper management is cutting pay for nearly all roles, due to market competition, the large number of staff now in Bangalore, and regulatory pressure. Expectations of hours worked and productivity remain high as ever.

    Advice to ManagementAdvice

    Please shrink the company and take us back to a time when everyone was too busy making money to play politics.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    very good company

    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Goldman Sachs

    Pros

    great pay
    360 appriaisal
    take feed back seriously
    flat structure
    can get vacation any time up to 2 to 3 weeks

    Cons

    not much technical work, too much streess( not too much work)
    support

  9.  

    Great work life balance, awesome culture but some cons too.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Goldman Sachs (more than 5 years)

    Pros

    great culture, collaborative env, awesome 360 degree feedback system

    Cons

    growth opportunities limited, too much stress on in-house developed programming languages and not following industry standards

    Recommends
  10.  

    Not so positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst
    Former Employee - Operations Analyst

    I worked at Goldman Sachs as an intern (less than a year)

    Pros

    1)Good work culture
    2)Friendly people
    3)Good Food
    4)Less Hierarchical Managerial chain
    5)Good exposure

    Cons

    1)Not so quality work
    2)Managers no respect for lower candidates
    3) Loong work hours
    4) Too much work pressure
    5)

    Doesn't Recommend
  11.  

    VP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    Great people to work with

    Cons

    Management in specific teams can be too competitive internally and not think about their team members nor clients at times

    No opinion of CEO

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