Goldman Sachs

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15 people found this helpful  

Goldman Sachs - Work. make money, interesting deals, don't have kids

Senior Associate (Former Employee) San Francisco, CA

ProsThe work - incredibly interesting deals and chance to be at the tip of the spear in the financial industry when things happen.
The pay is terrific, as are the benefits
Notwithstanding the financial meltdown, GS has definite cache and presitge in the financial world.
You are working with some of the best and the brightest outside of McKinsey and Bain

ConsDid I mention the work? Lots and lots of work, and then more work.
Two briefcases: One for your work; the other for a change of underwear after sleeping in the office whilst working on an M&A deal.
Forget going to your kids' soccer games, little league games, Lamase classes. GS is all about and only about the work.
Word to the wise: Keep your own counsel. Any stinkeye remotely caught by the view of a GS Partner does not bode well for your career.

Advice to Senior ManagementThey take themselves much too seriously. Their concept of life is that it can be reduced to a zero sum game. They have not grasped the reality that when you are dead, you are dead (i.e. you will not take your money, GS stock/options and any other prized IB kudos wth you when you part this life). Strive for more work/life balance. Recognize that you will not win every deal. Look for the warning signs of burnout. And for God's sakes, stop trying to emulate the medical profession with "if I could pull all nighters as an Assoicate, so can everyone else." Those days are gone. The GS staffers have lives outside the bubble. Respect that, reward that, celebrate that. You will be absolutely astounded by the increased loyalty you get from the troops.

Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Excellent firm.

    Vice President (Current Employee) New York, NY

    I have been working at Goldman Sachs


    Pros: People and culture are top notch. Incredible resources globally and the strongest… Cons: Everyone works hard - that's the price of admission. Significant emphasis on culture… Advice to Senior Management: Continue developing junior talent while identifying rising stars at smaller firms. There's lots of talent outside of GS… Yes, I would recommend this company to a friend More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    A Great Place to Work if You're Ready to Really Work

    Anonymous Employee (Former Employee) New York, NY

    I worked at Goldman Sachs


    Pros: Great comp, great people, interesting work Cons: A lot of divisional barriers, sometimes confining Advice to Senior Management: Allow for more interdepartmental training, the firm is full of… Yes, I would recommend this company to a friend More
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