Goldman Sachs

  www.goldmansachs.com
  www.goldmansachs.com
There are newer employer reviews for Goldman Sachs

6 people found this helpful  

Strong, admirable company culture that isn't always reflected by all teams or individuals

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

I worked at Goldman Sachs full-time (more than 5 years)

Pros

The firm overall really does work hard to ensure employees have the resources they need to be successful. From personal wellness classes, multiple corporate perks, and affinity networks to the robust 360 degree reviews and comprehensive training materials and professional skills classes. For self-motivated individuals, you will learn a tremendous amount from working here.

Cons

Despite structured frameworks to promote a positive, healthy culture, there are many managers who circumvent these parameters. For example, despite 360 degree feedback, upper management still dictates the year-end performance review. At the end of the day, there is still a very strong undercurrent of politics despite the claim to be a meritocracy. This distracts from people doing real work and rewards people who spend more time self-promoting.

Advice to ManagementAdvice

Direct managers need to have more influence on their direct reports' performance reviews; if the firm truly wants to be a meritocracy, reviews must reflect an individual's value add, not his/her ability to "play the game". Also, employees should be able to speak to employee relations candidly without fear for losing their jobs, which is currently the case.

Recommends
Positive Outlook
Approves of CEO

1841 Other Employee Reviews for Goldman Sachs (View Most Recent)

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  1.  

    Diverse organization.

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

    I worked at Goldman Sachs full-time (more than 3 years)

    Pros

    Diverse organization. Challenging. Decent benefits.

    Cons

    Extremely bureaucratic. Even a small change or enhancement requires multiple levels of approval and confirmation. Small mistakes are counted against you during appraisals which can be frustrating. Noisy environment - especially working near trading desk - No privacy. Most of them have lunch at their desks - difficult for a fresh graduate to move up the ladder. Maximum number of years that a fresh graduate can survive is not more than 3 years unless he/she has good connections. Continuous change in managers and team - every 6 months. Internal mobility is purely based on performance. Legacy technologies - feels like you are in the mainframe era.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Great company but highly political

    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Goldman Sachs full-time (more than 5 years)

    Pros

    Smart people, interesting work, challenging

    Cons

    Very political from most junior to most senior level

There are newer employer reviews for Goldman Sachs

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