Goldman Sachs Reviews

Pros

Great people, opportunities and connections to be had; the work is interesting (and depending on who you work with) you will have great access to senior manegement and great responsibility.

Cons

Terrible work-life balance. The company has become more bureaucratic and hesistant over the past few years. Also unclear if there is room for pronotion because senior management has very low turnover...

Advice to Senior Management

Cull some of the senior ranks ti make room for junior staff! Stop pretending that there is some semblanceof work-life balance....

Pros

work with the best people
great reputation

Cons

many employees have to work long hrs

Advice to Senior Management

senior management should not take "long work hours" as a culture of the firm as each person need to have both work and lift.

Pros

good salary, nice facilities and good exposer to investment banking domain

Cons

no work life balance, not a good place for techies to improve on their skills

Advice to Senior Management

need to have more of team building activities.

Pros

Pay and benefits are amazing

Cons

Culture and politics were dreadful

Advice to Senior Management

understand New York culture doesn't work everywhere

Pros

Learn complex system and work with different teams on different business aspect and learn from some of the guru on different area

Cons

Stressful, no personal life, always overloaded with work and the salary is not propotional to the work that has been done

Advice to Senior Management

Hire more people who does the ground work and reduce the number of managers who doesn't really contribute and Make things less stressful

Pros

Best exposure to the finance & investment domain. Huge learning opportunity.
Good for those who have no personal life or friends - since they expect employees to work all the time.
Encourage employees to take up more and more responsibilities - practically unlimited.

Cons

No personal life - weekends, early morning & late night calls will make you feel as if you are working 24 hours a day.
Much of the decision making happens outside of India.
Too much bureaucracy and herd mentality. Managers just repeat whatever senior managers say -- in the name of consensus based decision making.
Not a company for true technologists or geeks -- since too many technical shortcuts are taken everyday succumbing to biz demands.
Old timers here are too proud to listen to any new opinions.

Advice to Senior Management

Better work life balance would make this company a much better place to work.
Also, too much of pride is only going to take company down the hill.

Pros

Great culture of highly motivated people
Very good benefits
A great place to work for anyone who wants to pursue a career in finance

Cons

Extremely political; don't come here if you don't know what to say when, how and to whom

Politics and the consensus principle are often hugely detrimental to innovation; the innovation process takes extremely long because of this; not recommended for innovators and/or impatient people

Long hours and below average pay (if you break it down to the hour); granted this is only from an Operations perspective, so other divisions might be different. I currently make somewhere between $11 (60 hour work week) and $15 (50 hour work week) an hour. I have an MBA and 5 years of work experience

Favoritism: Yes, there is a pretty good review process in place but being highly efficient and a good performer is not going to get you anywhere if you're not 'politically savvy'

Tendency to understaff teams until people break down and threaten to leave because of insane hours without a prospect for betterment

Pros

Freedom of thoughts, Challenging, Networking

Cons

No work life balance possible

Advice to Senior Management

Need to review managers more effectively

Pros

Good systems/processes, management is friendly

Cons

Less scope for growth in tech

Advice to Senior Management

Nothing at all. Management is really professional and good.

Pros

There is an amazing amount of talent at Goldman Sachs and the company does everything they can to create nice networking events. The benefits are outstanding

Cons

The work of an operations analyst at Goldman Sachs is extremely dry and very repetitive. They give you one task which you end up doing over and over. There isn't a lot there to pad your resume.

Advice to Senior Management

If you want to continue to find and recruit the best talent you will need pay your employees a more competitive wage.