Goldman Sachs Reviews in New York City, NY

Updated August 26, 2014
Updated August 26, 2014
1,700 Reviews

3.6
1,700 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,139 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 166 reviews)

  • You will learn a lot about how to work under stress and tight deadlines (in 43 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 283 reviews)

  • Long hours and work environment was not personally what I am looking for (in 356 reviews)

More Highlights

617 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    GS has some of the most talented people. Was great working here!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Analyst - Technology  in  New York, NY
    Current Employee - Summer Analyst - Technology in New York, NY

    I have been working at Goldman Sachs as an intern for less than a year

    Pros

    People, training, program structure, career growth, professional environment

    Cons

    The job is challenging, and high pressure.

    Advice to ManagementAdvice

    Compensation for technology is not on par with other tech firms. But I guess that's okay.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Competitive, great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Goldman Sachs full-time for more than 8 years

    Pros

    Great people.
    Company is slick enough to adapt to changes and move forward fast
    less bueracracy
    team importance give a lot
    great culture

    Cons

    hard to move around - get slated in the role you were hired in the first time

    Advice to ManagementAdvice

    org chart public and more open to people moving across the org to bring about better efficiencies

    Approves of CEO
  3.  

    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 for less than a 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
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  5.  

    Great Place To Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Goldman Sachs full-time for more than a year

    Pros

    Competitive environment, pushes you to perform your best. Creates unlimited career opportunities. Learn a lot and meet very intelligent people who will be successful so your network increases in value significantly. Great perks, good compensation

    Cons

    Public company. Although creates unlimited career opportunities, vehemently opposed to external recruiting so difficult to use them.

    Advice to ManagementAdvice

    Keep up the good work and pay your analysts more or they will leave for the buy-side, time and time again.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Human Capital Management Summer Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Capital Management Summer Analyst  in  New York, NY
    Former Employee - Human Capital Management Summer Analyst in New York, NY

    I worked at Goldman Sachs as an intern for less than a year

    Pros

    Great pay, very intelligent colleagues, great exposure to senior leadership, flat organizational structure

    Cons

    There are long hours, sometimes a difficult bureaucracy.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great place to work ! Very professional and well-organized firm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst Developer  in  New York, NY
    Current Employee - Senior Analyst Developer in New York, NY

    I have been working at Goldman Sachs full-time for more than 5 years

    Pros

    Professional, excellent culture, work is challenging enough, great team work, pay.

    Cons

    Long hours, Work-life balance not good.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    High Quality Work Place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst Developer  in  New York, NY
    Current Employee - Senior Analyst Developer in New York, NY

    I have been working at Goldman Sachs as a contractor for more than 8 years

    Pros

    Work assignments are challenging and interesting. Work place is very professional and pleasant. Technologies used, while not the latest are up to date and provide good experience. Pay is decent.

    Cons

    Demanding hours and squeeze on work-life balance. Commercial reality means tight time schedules and not enough time for training or mastering the technologies behind the scene. Also, choice of technologies is limited to what is currently in use in the firm.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Working at goldman

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst  in  New York, NY
    Current Employee - Investment Banking Analyst in New York, NY

    I have been working at Goldman Sachs full-time for more than a year

    Pros

    the comp is great and the bonuses are, well, bonuses

    Cons

    upper management is unreasonable with due dates

    Advice to ManagementAdvice

    be more clear in stating what you want done

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10.  

    Frustrated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Assistant  in  New York, NY
    Current Employee - Executive Assistant in New York, NY

    I have been working at Goldman Sachs as a contractor for less than a year

    Pros

    great balance w/ work and personal life. some associates and even managing directors are very friendly.

    Cons

    this all depends in the division. I have worked in both Compliance and Tech.. Compliance was a great experience, everyone was helpful and friendly. Tech? not so much. Salary of $25 is not worth being bullied by the chief of staff, currently looking for another job. Temp/contract employees can last years without becoming permanent. Met an EA that has been temp for 5 years and an analyst in the legal department for 9 years. and lets not forget the 13+ hour work days for everyone.. even admins..

    Advice to ManagementAdvice

    Communicate more with your employees, schedule more 1:1 to get to know them better and mentor.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Goldman is a great company with immense resources at the fingertips of the most talented individuals in the business.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  New York, NY
    Former Employee - Associate in New York, NY

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

    Pros

    The company is very impressive. The culture cannot be compared to any other - it is simply one-of-a-kind. You work hard. Challenged every day and the work is fascinating. Compete against the best of the best and walk away at the end of the day feeling accomplished. The building in NYC and even Jersey City are state of the art. Having the health center within the gym with doctors and NP's available is incredibly helpful should you need to see someone quickly and get back to work. Saves time - and that matters.

    Cons

    It takes too long to remove a bad manager, but this could be said about a lot of places. You can't fire someone just for being unpleasant. In most cases.

    Advice to ManagementAdvice

    Compensation should be more even across individual teams. Top performers should be paid more, but the core function of a team remains the same from one to the other. Don't let the top performer gap out from the group. A review and a band around comp should be completed. Also, some managers are simply not meant for the job. When this becomes clear, take immediate action and don't wait 1.5 years to rid the company of these individuals.

    Recommends
    Positive Outlook
    Approves of CEO

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