There are newer employer reviews for Goldman Sachs

Helpful (1)

Working with GS

  • 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 (more than 3 years)

Recommends
Positive Outlook
No opinion of CEO
Recommends
Positive Outlook
No opinion of CEO

Pros

Grooms one into a solid professional

Cons

Wide variation in compensation for people at the same level, people managers not chosen due to their ability to deal with or manage people

Advice to Management

Hire and groom better people managers

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  1. Great, smart professionals though watch your back

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart professionals coupled with interesting, exciting work and flat org structure (MD, VP, Associates, Analysts, interns expected to speak at discussion meetings)

    Cons

    Competitive intern class
    Supervised by Associate, VP didn't care

  2. Helpful (2)

    Witnessing the decline of a former hegemony in the hedge fund industry

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Was with their flag-ship quantitative-style hedge fund called "Global Alpha". Good place to start a career in the quantitative investment business with this formerly legendary place and learning with the research tycoons there. Also, unlike the siloed and secretive cultures of many other top-tier quantitative funds, the culture of the "Global Alpha" team was very open and fostering, getting rookies exposures into a wide spectrum of asset classes and trading strategies.

    Cons

    The fund leads were too ostriched with their success 7 to 10 years ago, and showed little competence in keeping up with the fast evolution of the quantitative investing business as well as the innovation frontiers. No wonder performance-wise, the business lagged much behind newer-generation competitors who are much savvier in adopting new techniques. Lousy performance lead to lousy pays (rule of thumb in the hedge fund industry).

    Advice to Management

    Apparently Goldman Sachs Asset Management is decisively retreating from the high-fee hedge fund type of businesses in the quantitative investment industry, as senior management is aware that they no long has the best talents, team, strategies and infrastructures as it did before the mid 2000s.

There are newer employer reviews for Goldman Sachs

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