Goldman Sachs Reviews

Updated July 3, 2015
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3.9
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
99 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

146 Employee Reviews

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  1. Still one the better places to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in Jersey City, NJ
    Current Employee - Vice President - Technology in Jersey City, NJ

    I have been working at Goldman Sachs full-time

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

    Pros

    - Focus on efficiency
    - Breadth and depth of support for improvement

    Cons

    - Fluid sometimes volatile management


  2. Regulatory Operations Consultant

    Former Employee - Regulatory Operations Consultant in Somerset, NJ
    Former Employee - Regulatory Operations Consultant in Somerset, NJ

    I worked at Goldman Sachs (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The company is a very professional organization and the employees are very helpful. They are willing to assist in any way possible.

    Cons

    There are too many layers of management. The work day averages 10 hours per day and sometimes the work can be overwhelming.


  3. CSRE

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Jersey City, NJ
    Former Employee - Vice President in Jersey City, NJ

    I worked at Goldman Sachs (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice offices, some good people

    Cons

    Consultants treated poorly as if second class citizens. Employees for the most part delegate work to consultants and actually produce little measurable benefit. Technology is rolled out without proper testing resulting in frustration and inefficiency in most processes.

    Advice to Management

    Step up to the plate and get a backbone to clear out the dead wood. Division is overwhelmed with red tape causing paralysis in process.


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  5. Helpful (2)

    Best and brightest

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Associate in Newark, NJ
    Current Employee - Finance Associate in Newark, NJ

    I have been working at Goldman Sachs full-time (More than 3 years)

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

    Pros

    The compensation and performance linked bonus system was amazing.
    The people were the best and brightest I have ever met and truly inspire me every day.

    Cons

    Work life balance hard to maintain, but if you find some sort of passion outside of finance , i.e. sports, travel or a good friend circle, you'll be able to manage your stresss


  6. Great company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Goldman Sachs (More than 8 years)

    Pros

    * high-caliber colleagues
    * decent pay
    * top quality professional development programs and interesting internal speaker events

    Cons

    * highly political
    * challenging to obtain internal mobility opportunities


  7. Vice President

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in Jersey City, NJ
    Current Employee - Vice President - Technology in Jersey City, NJ

    I have been working at Goldman Sachs

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

    Pros

    Outstanding culture respecting hard work

    Cons

    Can be a competitive environment

    Advice to Management

    Keep up the trend to transparency


  8. Helpful (4)

    Fun

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Trader in Princeton, NJ
    Current Employee - Senior Trader in Princeton, NJ

    I have been working at Goldman Sachs full-time

    Recommends
    Recommends

    Pros

    Money and lots of money and a porsche a big house and mercedes

    Cons

    Stress makes me mad and I want to eat an apple with my hand

    Advice to Management

    Only for money if you don't like money because it's green then, no


  9. Helpful (1)

    Nice place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Analyst/Developer in Jersey City, NJ
    Current Employee - Analyst/Developer in Jersey City, NJ

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

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

    Pros

    The salary is Decent.
    You get good Insurance
    The culture within the organization is very Inclusive.
    Great Opportunities to learn, both on the job and through classes.
    Your'e Challenged by your projects.

    Cons

    No work life balance
    Judgmental Environment.
    Too much about appearance, it is not enough to deliver.
    Too much competition within teams. Though peopel are willing to help other people.

    Advice to Management

    Evolve faster with the rest of the world. Else you'll lose more talent that you are already losing.
    Raise the bar and pay for the people employed into technology to match the competition for talent pool.


  10. Helpful (1)

    Good Company/Bad management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Vise President in Jersey City, NJ
    Former Employee - IT Vise President in Jersey City, NJ

    I worked at Goldman Sachs

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

    Pros

    One can make a very good career at GS
    The policies and educational benefits are very beneficial

    Cons

    Some of the lower management staff are micro managers
    If you know how things are done, you are hindered by micro management

    Advice to Management

    Senior management should promote managers that can properly interact with sunbonnets to help them make the proper choices to further their careers and to better serve their current position in a meaningful and efficient manner.


  11. Helpful (1)

    Very Friendly, Easygoing (Technology division)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Analyst - Technology in Jersey City, NJ
    Former Intern - Summer Analyst - Technology in Jersey City, NJ

    I worked at Goldman Sachs as an intern (Less than a year)

    Pros

    I was an intern last summer. I would've stayed full time if I didn't have more college to do. Management was minimal and very helpful when I had to deal with them. I just had my project, a deadline, access to lots of useful internal libraries, and senior engineers who were very happy to help and answer questions.

    I realize that there would be more pressure working full time, but that's less about deadlines and more about migrating servers and fixing errors.

    Cons

    Over the past couple decades, a lot of "corporate" and "enterprise" stuff got adopted or paid for. Everyone is stuck with Windows, and sometimes it feels like the entire enterprise design patterns book was thrown at the codebase. Of course, I use Windows at home and the seemingly obfuscating design patterns do make it a bit easier to modify the ancient codebase.

    Also, if you're used to Bay area companies, you'll be disappointed to know that the company doesn't pay for your food.



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