Goldman Sachs Reviews in Utah

Updated September 8, 2014
Updated September 8, 2014
1,727 Reviews
3.7
1,727 Reviews
Rating Trends

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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,151 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 178 reviews)

  • You will learn a lot about how to work under stress and tight deadlines (in 44 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 310 reviews)

  • Long hours and work environment was not personally what I am looking for (in 378 reviews)

More Highlights

33 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great Place to Start a Career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Salt Lake City, UT
    Current Employee - Business Analyst in Salt Lake City, UT

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

    Pros

    GS is a fantastic place to start a career. They teach you so much and expect even more. The management is very open to answering questions and teaching up and coming employees. There is a very strong office culture and an office-wide desire to provide the best. It is very challenging, fast-paced and interesting. This is the kind of place where sprinters thrive. However, how many of us can sprint through a marathon?

    Cons

    First off, the pay is horrible. They almost brag about their ability to pay the lowest possible amount to keep an employee. I advanced several times, and my pay always seemed to be about the same. It is hard to justify an increase in responsibility, time, and expectation without compensation being reciprocated.
    Secondly, the reviews are a farce. Your manager, who gathers all the reviews from your peers, has the ultimate deciding factor of what your final score will be. They can drop it to whatever they want regardless of your peer ratings. I have sat in review sessions and watched this very thing happen.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Can learn a lot about finance domain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology Analyst  in  Salt Lake City, UT
    Current Employee - Technology Analyst in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than a year

    Pros

    Unlimited Sick Leaves.
    Good Bonuses sometimes.
    A lot of cultural activities.
    Good Medicare and health benefits
    Matching Employer 401K

    Cons

    Need to work on weekends.
    If you work on something critical need to be available when you are taking time-off from work

    Advice to ManagementAdvice

    Should Shuffle Managers between teams.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Good internship opportunity - smart colleagues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst  in  Salt Lake City, UT
    Former Employee - Summer Analyst in Salt Lake City, UT

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

    Pros

    Good pay and opportunity to do meaningful projects.

    Cons

    Political culture and lack of work/life balance.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    Good and Bad times

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Salt Lake City, UT
    Current Employee - Associate in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than 3 years

    Pros

    Great benefits (excluding pay) including a lot of vacation days. Company promotes cultural diversity and is very much against any type of discrimination. Once management likes you there are lots of opportunities to learn new things and get your name out there. Work is challenging and fast paced in a good way. You will be tested in all aspects and if in the end GS in not a right fit for you this will be a great benefit elsewhere. There are a lot of smart people that know how to solve problems and work hard - many opportunities to learn from them.

    Cons

    Long hours are the norm. You're expected to give a little bit too much of yourself to the job. Peer reviews are a very large part of how employees are evaluated so that opens you up to backstabbing and co-workers writing bad reviews full of half-truths or even flat out lies. You hope management will see through that and not penalize you. Compensation in support roles/operations is not enough for the amount of work and effort put in.

    Advice to ManagementAdvice

    Try to make people feel more valued, maybe by giving a raise once in a while.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Vice President Operations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  Salt Lake City, UT
    Current Employee - Vice President in Salt Lake City, UT

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

    Pros

    Lots of challenges, lots of opportunity, being very busy makes the 10-12 hour days go fast.

    Cons

    some managers do not know how to manage people, very obvious that it helps A LOT to be a hug for opportunities and promotions.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 5 people found this helpful  

    Great opportunities, but be prepared to sacrifice your life.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Investment Research Analyst  in  Salt Lake City, UT
    Former Employee - Global Investment Research Analyst in Salt Lake City, UT

    I worked at Goldman Sachs full-time for more than a year

    Pros

    The company has a great reputation and gave me opportunities to meet people that I probably would not have otherwise. The training programs are pretty good as well.

    Cons

    I worked 80-90 hrs/week almost every week, which was okay because I loved what I did. But people at the top tended to not handle stress well and that trickled down. It seemed like respect only went one way, which I couldn't deal with. Additionally, a lot of people that work there think they are really smart or entitled, which is a joke. Lastly, there are tons of meetings that are really redundant but mandatory, which seemed like a waste of time given the amount of work that was usually yet to be done.

    Advice to ManagementAdvice

    "People are our greatest asset" shouldn't be your motto unless you are prepared to actually treat people with respect.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good for people to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst/Developer  in  Salt Lake City, UT
    Current Employee - Analyst/Developer in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than a year

    Pros

    Meet interesting and talented people

    Cons

    Stressful and lack of balance

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Big NO

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - New Associate Programmer Analyst  in  Salt Lake City, UT
    Current Employee - New Associate Programmer Analyst in Salt Lake City, UT

    I have been working at Goldman Sachs as an intern

    Pros

    1)Good domain knowledge.
    2)Scope for learning .

    Cons

    1) Although the employees are injected about GS culture and diversity, when it comes to the bottom levels nothing is really applicable.
    2) Very less pay . DO NOT go by less base compensation.
    3) Very poor planning when it comes to project deliveries.

    Advice to ManagementAdvice

    Please work on you pitfalls which you are well aware of.

  10.  

    Stressfull

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst/Developer  in  Salt Lake City, UT
    Current Employee - Analyst/Developer in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than a year

    Pros

    Brand name, good benefits, internal mobility

    Cons

    Long working hours, Stressful,

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Started off great but working here didn't live up to the reputation or the hype

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst Developer  in  Salt Lake City, UT
    Current Employee - Senior Analyst Developer in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than 3 years

    Pros

    Great opportunity to learn about the financial industry. Worked with incredibly smart people.

    Cons

    Lip service was given to teamwork but senior management seems to give themselves all the credit for success. Sr management makes promises but keep their word to their employees. Mentors and advocates are needed for lateral hires but mentors are the only ones they help with

    Advice to ManagementAdvice

    share the credit for successes. Live up to your word and follow through with promises of help and career advances. I wouldn't have joined the company if I had known they wouldn't treat everyone honestly and fairely.

    Negative Outlook
    Approves of CEO

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