There are newer employer reviews for Goldman Sachs
There are newer employer reviews for Goldman Sachs

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Helpful (4)

Huge pay gap, losing on competition (a tech perspective)

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

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

Doesn't Recommend
Neutral Outlook
Approves of CEO
Doesn't Recommend
Neutral Outlook
Approves of CEO

Pros

* working with smart people
* interesting finance projects like pricing or PNL (at least from a front office tech perspective who likes finance)
* good hours (depending on which group you are I suppose)
* same kind of pay in technology organization (regardless back office, front office) (not sure if this is actually a good thing)

Cons

* huge pay gap between tech vs. sales trading strats even though tech and strats jobs are blurring
* very low salary if you are a new tech analyst coming onboard (it used to be OK, but now since Google and other startup in NYC are getting bigger, IBs tech salary are not keeping up)
* lots of talent exodus recently

Advice to Management

GS always preach that the firm is essentially a software technology company because tech headcount is the biggest right now. But obviously this is only a recruiting slogan.
* need to make tech pay more competitive starting from new hires to mid-career
* need to have a better career mobility, especially across division / business unit
* need to be more aggressive in differentiating top performers / sleepy backwater

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  1. Helpful (2)

    Not what it used to be

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

    I have been working at Goldman Sachs full-time (More than 8 years)

    Neutral Outlook
    Approves of CEO
    Neutral Outlook
    Approves of CEO

    Pros

    Extremely intelligent co-workers, great health benefits, on-site health center with delivery from local pharmacy, friendly atmosphere

    Cons

    poor compensation in recent years, managers that do not always show interest in the career progression of their subordinates


  2. Helpful (3)

    Prestigious

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

    I have been working at Goldman Sachs full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Prestigious, because they like to pat themselves on the back.

    Cons

    They don't promote people from janitorial roles to financial roles, even if one has earned a four year college degree, has numerous financial certifications, and has an IQ of 148.


There are newer employer reviews for Goldman Sachs
There are newer employer reviews for Goldman Sachs

See Most Recent

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