Goldman Sachs Reviews

Updated June 22, 2015
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3.8
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
120 Ratings

Pros
  • learn from smart people who take their jobs seriously (in 185 reviews)

  • Ops is great in that you can learn a lot of transferable skill sets and abilities that you can take to almost any job (in 46 reviews)

Cons
  • It is very difficult to maintain work life balance due to high expectations (in 323 reviews)

  • Very long hours but you know that going in (in 398 reviews)

More Pros and Cons

178 Employee Reviews

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  1. Good place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)

    I have been working at Goldman Sachs full-time (Less than a year)

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

    Pros

    smart people, good salary, strong position in all markets

    Cons

    flat hierarchy structure, long work hours, team work not always evident

    Advice to Management

    improve the visibility of various divisions and leadership for sub-divisions


  2. x

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in London, England (UK)
    Current Employee - Trader in London, England (UK)

    I have been working at Goldman Sachs (More than a year)

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

    Pros

    Intelligent people with a lot of expertise.

    Cons

    Sometimes a bit to fed up with themselves.

    Advice to Management

    Be more flat.


  3. VP Operations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Goldman Sachs

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

    Pros

    Very good work environment and challenging

    Cons

    Quite demanding, not very much time left for your life


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    A factory

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Tech in London, England (UK)
    Former Employee - Vice President Tech in London, England (UK)

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

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    - smart colleagues (mostly)
    - opportunities to learn: no shortage of opportunities to step up and do something bigger
    - good internal mobility within division/location (interdivisional mobility is almost impossible however)

    Cons

    - "factory" environment at it's worst
    - low morale
    - can no longer attract the best in big enough numbers

    Advice to Management

    The company is not what it used to be - people see this - you can't continue to pretend.


  6. Great Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

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

    Pros

    Great organization with outstanding work culture and excellent opportunities for career development. The 2- week internship programme served as a perfect introduction into investment banking.

    Cons

    There are no cons to mention.


  7. Sucked the life out of me

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Recruitment Associate in London, England (UK)
    Former Employee - Recruitment Associate in London, England (UK)

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

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    - Competitive
    - Nice environment
    - Some really nice people

    Cons

    - Long hours with no flexibility
    - Repetitive
    - Change resistant
    - Micro management
    - No encouragement

    Advice to Management

    Get out of the cultural black hole you've sucked yourself into. It's not healthy, it's not okay just because that's how it's always been. It's horrible.


  8. Thinking a move from your Middle Office to the Trading Desk is easy? Think again.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in London, England (UK)
    Current Employee - Operations Analyst in London, England (UK)

    I have been working at Goldman Sachs full-time (More than a year)

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

    Pros

    Global exposure, different markets, clients, and people.
    Very intelligent Front Office employees who are very open and great to work with.
    Looks amazing on your CV and great to bring up at dinner parties...

    Cons

    Office politics and a very top-heavy structure.
    People are rewarded based on how much they are liked rather than how intelligent they are.
    Moving out of Operations is a strict no-go (even CFA participation raises eyebrows).
    Underpaid, overworked relative to the overall industry.
    Key dependency on offshore office which destroys client service.


  9. IBD Analyst

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)

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

    Pros

    Colleagues are for the most part very competent and motivated. It is possible to progress quickly in terms of responsibility if you do well. Exit opportunities for junior people, whether to business school or the buy-side, are the best in the industry.

    Cons

    Extreme work-load, especially for junior people. There is no real time-off - weekends are always subject to sudden demands. Holidays are, however, sacrosanct.

    Advice to Management

    Find a way to make the lives of junior bankers better. Presentations are far too long and unnecessarily so, for instance.


  10. Fantastic training ground

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)

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

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

    Pros

    Incredible people and culture. Relentless focus on teamwork and attention to detail. Armed me with critical skills for later in my career.

    Cons

    The culture rewards hard work - and at times keeping a work / life balance can be challenging, but I didn't mind, I knew what I had signed up for.

    Advice to Management

    Mgmt has already made changes recently to cater to the need for work / life balance - I'd say keep it up.


  11. Senior Analyst Developer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst Developer in London, England (UK)
    Current Employee - Senior Analyst Developer in London, England (UK)

    I have been working at Goldman Sachs full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great place to start a career! Lots of opportunities and growth assignments most of the time. A company that tries hard to live by its principles and with a great collection of people

    Cons

    Accentuated pressure the bottom line and cost reduction may impact smooth operations. Culture of do more with less can take its toll on morale and satisfaction.

    Advice to Management

    Listen to the people on the ground, get in tuned with the various culture realities to get the best out of your people while they stay happy



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