Goldman Sachs

  www.goldmansachs.com
  www.goldmansachs.com

Goldman Sachs Reviews in New Jersey

Updated November 20, 2014
Updated November 20, 2014
1,850 Reviews
3.7
1,850 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,208 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 185 reviews)

  • People are smart (no one can be lazy, people always challenge you, you learn a lot) but humble (in 46 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 323 reviews)

  • Expect to work long hours (even though management says office "face time" is not important (in 398 reviews)

More Highlights

135 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Well paid

    Former Employee - Operations Analyst in Jersey City, NJ
    Former Employee - Operations Analyst in Jersey City, NJ

    I worked at Goldman Sachs full-time (more than an year)

    Pros

    Good brand name, exit opportunities

    Cons

    long hours and hectic lifestyle

    Advice to ManagementAdvice

    Too much politics

  2.  

    Excellent company to work for, Great benefits.

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

    I worked at Goldman Sachs full-time (more than 10 years)

    Pros

    Compensation, enjoyable work, cool people and freedom to choose what you want to do within reasons of course. Access to people at all levels of management without a lot of red tapes. Generous vacation package and 401K matching.

    Cons

    Long hours, lack of work-life balance. The expectations are way above anyone else in the similar industry and almost unrealistic at a time. Forcing employees to move to an office location that is not part of employee's current demographics and hence force them to resign or get laid off.

    Advice to ManagementAdvice

    You do not need to waste real estate for technology folks. Implement a good remote work assignments and make desks shared so employees can have work-life balance and be more productive.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great place to grow and progress your career

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

    I have been working at Goldman Sachs full-time (more than an year)

    Pros

    1. Career growth. There are many opportunities within firm to grow your career.
    2. Pays off well at later stage in the career. Base salary doubles after 6-7 years.
    3. A lot of responsibilities can be taken up

    Cons

    1. Work is very stressful
    2. Long working hours
    3. A lot of competition within the firm

    Advice to ManagementAdvice

    1. Hire more people
    2. Increase base salary of junior employees

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Fast-paced, intense workplace

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

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

    Pros

    Surrounded by knowledgeable, smart professionals. Great culture, they take really good care of their employees

    Cons

    Intense and fast-paced, at times very stressful and long work hours

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Technology Division in Goldman Sachs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 (more than 3 years)

    Pros

    GS hires some very smart people. The competence in terms of technology is actually quite amazing. There is a lot of emphasis on consensus and working together as a team. I had heard a number of people complain about the hours and the constant pressure etc., but I have not personally seen it. There are the occasional delivery pressures, but it is not constant. Work-life balance is quite ok. The company offers a lot in terms of benefits for its employees. There is also ample room for growth for the right people.

    Cons

    Most of the cons are the usual ones in working for a large company. Technology processes are heavy in bureaucracy - to some extent this is understandable, but this impacts productivity. The number of meetings that one has to attend sometimes tends to take focus away from the job. It is very difficult to get something done unless you are in the top echelons of the management - even though there is a lot of emphasis on people being driven and motivated. Developers are required to do development, QA, and production support. This does not make for very productive developers.

    Advice to ManagementAdvice

    Reduce some of the technology bureaucracy overhead. Hire people to do QA and production support and pay attention to the quality of software we put out to users.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Smart People that want a whole lot out of you

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

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

    Pros

    Salary, opportunities for growth and working internationally

    Cons

    no work life balance. not as diverse as I would like

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Challenging opportunities within a collegiate atmosphere.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 (more than 5 years)

    Pros

    If your desire is to constantly challenge yourself and grow you skill sets, this is the place to be. Surrounded by many intellectuals who consistently challenge the status quo in a collaborative atmosphere will equip you with the management tools you’ll need to excel in a corporate environment.

    Cons

    Work-life balance can be a challenge in particular areas of firm as well as mobility within the firm. Both are championed by senior management and possible, but difficult to navigate and ultimately accomplish.

    Advice to ManagementAdvice

    Have HCM deliver clear and concise information regarding the expectations and responsibilities of new analysts. Many become disengaged and frustrated, due to perceived misplacement and lack of direction from managers (i.e. timely feedback).

    Recommends
    Neutral Outlook
  9.  

    I worked for them as a consultant as a programmer for almost 3 years.

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Programmer Analyst in Princeton, NJ
    Former Employee - Programmer Analyst in Princeton, NJ

    I worked at Goldman Sachs as a contractor (more than 3 years)

    Pros

    I love the company because their work hours is only 7.5. The company puts family first before work. The COE would even emphasize on that. The people were friendly and are willing to help out and has a great team work!

    Cons

    I can't think of any cons.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great pay/benefits for Intern - however typically assigned menial tasks and limited exposure/room for growth

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

    I have been working at Goldman Sachs as an intern (less than an year)

    Pros

    - Nice/clean/eco-friendly building
    - Driven Associates/Vice Presidents
    - Good pay/benefits (optional) for college student

    Cons

    - In Jersey City
    - Limited growth opportunity for interns not through the IBD program
    - Little responsibility/engagement for interns

    Advice to ManagementAdvice

    I would suggest engaging the interns more and giving them more responsibility as time goes on (in addition to the regular administrative tasks). Having worked here for almost a year now and still doing relatively the same thing I learned when I first came aboard is a little disappointing. I was hoping for more challenging tasks and greater exposure to the processes relating to my field of study.

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Vice President in Technology Division

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

    I worked at Goldman Sachs full-time (more than 10 years)

    Pros

    great to work with talented, competitive, collaborative people.

    Cons

    lately at senior level it has become less of meritocracy based and more of whom you know and how you project yourself rather than actual value added.

    Advice to ManagementAdvice

    partners and managing directors should re-instate skip-level and skip-skip level contacts to get more ground level reality.

    Recommends
    Neutral Outlook
    No opinion of CEO

Work at Goldman Sachs? Share Your Experiences

Goldman Sachs

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.