Goldman Sachs Reviews in New York State

Updated September 17, 2014
Updated September 17, 2014
1,701 Reviews
3.7
1,701 Reviews
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,137 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

499 Employee Reviews Back to all reviews

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  1.  

    Lots of smart people, diversity is a huge problem

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

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

    Pros

    You get to work with a lot of hard working and smart people

    Cons

    Ethnic diversity in tech is a huge problem at the firm causing lots of attrition

    Advice to ManagementAdvice

    Senior management in technology doesn't pay attention to ethnic diversity issues at the company and only promotes certain types of people. Culturally this makes it less attractive to candidates who can make it in companies such as Google and Facebook.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great company to work for

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

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

    Pros

    1) Smart people to work with
    2) Company very structured and things are quite efficient in general
    3) Great health care benefits

    Cons

    1) Not easy to transfer to other groups. You need to know people around.
    2) Can work long hours depend on your position
    3) Job can be boring at times since if you are stuck in the same are for too long

    Advice to ManagementAdvice

    Other than compensation, mobility is also important to retain talent.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Great career start but work is dry

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

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

    Pros

    Challenging environment, good compensation and great resume builder

    Cons

    The work can be dry and boring and junior people get limited exposure

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    excellent place to be.

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

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

    Pros

    smart people, great research and resources, challenging, meritocracy, lots of opportunities

    Cons

    long hours. so many report to read but its not necessarily a negative thing. reduced bonus structure.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great brand, experience out of school

    • 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

    Provides excellent training and career growth, especially at a junior people. Reputation holds its weight in a future job search. New efforts to stress work-life balance and recently adopted higher base pay to new IBD full-time analysts (to lure them away from the tech industry, etc.) are also a plus.

    Cons

    High turnover of excellent individuals. Very hierarchical and high-pressure. Not all middle-level managers are an inspiring bunch.

    Advice to ManagementAdvice

    Continue using technology to make a junior banker's work more efficient. Encourage more official mentorship and sponsorship.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Very Rewarding

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

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

    Pros

    The firm invests a lot in interns and each intern has a well-defined project.

    Cons

    The firm is very big and the divisions, sub-divisions and teams are very complicated. You'll spend a while to understand the firm structure.

    Advice to ManagementAdvice

    NA

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    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
  9.  

    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
  10.  

    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
  11.  

    meh

    Former Employee - Software Engineer  in  New York, NY
    Former Employee - Software Engineer in New York, NY

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

    Pros

    Exciting place to work, good location and benefits for newbie/rookie.

    Cons

    salary did not improve over the years...

    Advice to ManagementAdvice

    hire people to keep them

    Recommends
    Neutral Outlook
    No opinion of CEO

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