Goldman Sachs

  www.goldmansachs.com
  www.goldmansachs.com

Goldman Sachs Reviews in New York, NY

Updated December 9, 2014
Updated December 9, 2014
1,850 Reviews
3.7
1,850 Reviews
Rating Trends

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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

528 Employee Reviews Back to all reviews

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  1.  

    very efficient

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

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

    Pros

    good coworkers, object oriented, good IT/HR infrustructure, good supporting staff

    Cons

    intense work environment, no place for slackers

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Excellent

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

    I have been working at Goldman Sachs

    Pros

    Mentorship
    Relaxed Environment
    Huge Bonuses
    Learning new things
    strong leadership
    Competitive Colleagues
    Great Offices

    Cons

    Long Hours
    Clients changing their minds at the last minute

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Invested in their employees

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

    I have been working at Goldman Sachs full-time

    Pros

    Great benefits
    Great learning and development

    Cons

    Glass ceiling
    Not open n the communication

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 4 people found this helpful  

    Asset Management division

    Former Employee - Asset Management Intern in New York, NY
    Former Employee - Asset Management Intern in New York, NY

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

    Pros

    -Incredible name and brand recognition
    -Work next to some of the best and brightest people in the world
    -Great exit opportunities

    Cons

    -The hours you work make the job tough to manage
    -Difficult to see anything outside of your office during the week
    -Sometimes the work becomes tedious
    -Asset management isn't always the most exciting work

    Advice to ManagementAdvice

    -Try to focus on work-life balance
    -Continue to try and develop and train employees
    -Allow for more cross company interactions and exposure

  6. 1 person found this helpful  

    Technology analyst

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

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

    Pros

    Very nice work environment, work hours very good, best gym and health services. There are so many perks that you can go to: e.g. free MOMA entry for you + friends

    Cons

    There is no free food in the building. The food rotates every week, but they are a little bit pricy. Although there are discounts on food in certain hours, it is still pricy.

    Advice to ManagementAdvice

    The work environment is perfect, and the people that you work with are the best people. However, comparing to some other large companies, the food price problem is a little bit weakening.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Great place to work

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

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

    Pros

    Pros for working at Goldman are that you are able to advance and you work with great people

    Cons

    A con of working at Goldman is that you were for alot of people so it is a very fast paced environment.

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

    Great culture, challenging times

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

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

    Pros

    - Outstanding group of high-achieving professionals who are excellent across the board
    - The emphasis on teamwork is not just a tagline -- the culture really emphasizes teamwork and most people who can't play nicely with others are either coached or managed out...a culture of high-functioning teamwork across such a large corporation is truly a feat
    - You'll learn a ton from some of the best in the industry

    Cons

    - Industry is going through challenging times, culture of innovation is now constrained
    - Financial upside at the company is now more limited, will likely be harder to attract & retain top talent in future generations of employees (investment banking becomes commercial banking)

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Goldy Sachs

    • 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 (more than an year)

    Pros

    very good guys over here. they do businesses really well. I like the way they do the businesses that way.

    Cons

    there might be some no so good guys over here. Company value and perks may be very good but time off policies are not so good.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Analyst to Associate worked with a great team

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

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

    Pros

    Much like an hour glass, the best talent sits in most junior and most senior positions. in between that it is a bit scarce.

    They have incredible resources, access to top mgmt teams, well defined training, solid HR teams that can promote talent aggressively.

    Career opps are great if you start in banking. Treat this as an extension of university and you will be rewarded well after you leave.

    Cons

    Culture is fading as they scale. the partner system is great but hard to retain the culture as you grow the business. As you are larger and multiple business lines overlap it is harder to place decision making power in individual groups as they can hurt other groups.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Summer Operations Analyst

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

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

    Pros

    Opportunity to run my own project, exposure to upper management

    Cons

    Full-time opportunities for the first few years out of school involve much more busy work, little flexibility between departments/divisions

    Advice to ManagementAdvice

    Improve first-year opportunities to make the full-time position more appealing (for example, invest in tech to reduce repetitive data entry between systems), update compensation plan (overtime was paid as half-time rather than time and a half or having a higher base)

    Approves of CEO

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