Goldman Sachs Reviews
Updated Feb 12, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 664 ratings Employees are "Satisfied" |
CEO Rating
Based on 511 ratings
Chairman and CEO |
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Pros
Big name. Looks good on resume.
Cons
Low pay.
If you are junior, expect to be paid 30%+ less than other places, especially technology firms.
The management takes pride in keeping people for the least pay possible, which is disgusting.
VP+ people seems generally satisfied with their pay though.
So advise: get to senior level in tech firms then jump to GS.
Advice to Senior Management
Change the pay structure. Give proper pay to junior developers.
Pros
Professional development. Knowledge gained from broad range of functions. Good company name to have on your resume. Good contacts and friendships to gain. Globalized business model great for experience.
Cons
Long Hours. Competitive Environment. Innovation is limited to managers discretion or interest. Compensation is adjusted/reviewed annually. Privileged to work for a brand clouds personal touch among some managers. Career advancement difficult when leaving operations department.
Advice to Senior Management
Open forum for innovation would help collaboration, aiding time/money saving changes. Greater flexibility in work/life balance. Help with career advancement in/out of operations. Merit based promotions over relationship based promotions (Practice what you preach).
Pros
Decent pay, decent co-workers, decent facilities, a "big name" to put on your resume. Good locations for the most part.
Cons
The internal political system is horrible. Almost no job security inside the US, any jobs can and will be outsourced to India and SE Asia. Be prepared to work long hours just to keep up with your colleagues.
Advice to Senior Management
There's nothing that one person or one group of management could do to fix the problems internally, it's too ingrained in everyone who works there.
Pros
great money when it comes to bonus.
Cons
hellish hours all throughout the year
Advice to Senior Management
fairness for hard working employees , need to pay more.
Pros
it's stable regardless of what happens to the economy
Cons
long hours, demanding schedule; you have to stretch and be flexible
Advice to Senior Management
give more grace in the consideration for vacancies to non-Ivy-League graduates
Pros
Fantastic brand, instantly recognizable everywhere and highly respected
Outstanding training opportunities with industry leaders.
Wonderful, interesting people who will open your eyes to the world.
Cons
Some politics, very competitive
Long hours
Pros
it is a great place to be. it is a lot of fun. it stimulates me intellgectually in several ways
Cons
it is a lot of work and long hours. very demanding and high stress. hard to take lunch breaks etc
Advice to Senior Management
management at goldman is doing fine. everyone id pretty reasonable and easy to get a long with and understanding
Pros
to be able to gain deep knowledge from the one of the prestige financial institution.
Cons
very stressful and long hours to work.
Pros
High Salary, Company transport to pick you up from and drop back to your house, Great work culture, Steep learning curve
Cons
Long work hours but you get used to it within a month
Advice to Senior Management
No specific advice
Pros
Good pay and benefits, lot's of smart and experienced people to learn from. You will learn a lot of good things here.
Cons
Stupid mob mentality. Two many chains of command. Standard long working hours. If you know how to talk you will bsyour way to VP, but if you are quiet and just productive, noone will ever promote you.
Advice to Senior Management
Do some work.



