Goldman Sachs

  www.goldmansachs.com
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4 people found this helpful  

No Work-Life Balance

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

Pros

The people you work with will be very intelligent and motivated.
Everyone is comfortable with technology and innovation is rewarded.
Great benefits.

Cons

You will start out working 50 hours per week and it will only go up. The compensation is not enough to make up for the fact that you can't do anything but work.
Turnover is outrageous - I quit after 13 months and I was the most senior member of my team by that point.
Office politics can be crazy! There is very much a "face time" culture where people feel obligated to spend 11-14 hours per day at the office.

Doesn't Recommend
Negative Outlook
Approves of CEO

Other reviews for Goldman Sachs

  1. 3 people found this helpful  

    The Salt Lake office will always be a second-tier location

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

    Pros

    Goldman Sachs brought a lot of new developer job openings to Utah, and those positions do not require deep technical knowledge. People who transfer to Salt Lake from New York are likely to be exposed to good career opportunities.

    Cons

    For people who are comfortable with computer science, Goldman Sachs doesn't have any advanced technical positions. The 80-100 hour weeks that I gave and the great performance reviews did not help me get closer to a promotion. The problem is that nothing produced in Salt Lake City generates any revenue, so it's the last place that rewards would be given. The company aims to hire more expendable entry-level developers, and neglects its experienced workers, because that is the most certain way to keep costs low.

    Advice to ManagementAdvice

    Until at least one experienced hire in Salt Lake manages to improve their career at Goldman Sachs, it will be hard for applicants to take the Salt Lake office seriously.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    Eroding culture

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

    Pros

    There are still some of the brightest people in the industry there and a great environment to learn from the best.

    Cons

    People of integrity are on the decline and self-serving individuals are on the rise. Team work is almost non existent and morale is extremely low.

    Advice to ManagementAdvice

    Take a look at your middle management and make sure they can manage the people that report to them and not just themselves moving up the chain.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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