Goldman Sachs Reviews

Updated August 26, 2014
Updated August 26, 2014
1,699 Reviews

3.6
1,699 Reviews
Rating Trends

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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

Employee Reviews

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  1. 1 person found this helpful  

    Great experience, the job just wan't a fit.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst Controller  in  Salt Lake City, UT
    Former Employee - Analyst Controller in Salt Lake City, UT

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

    Pros

    The office was composed of very smart and ambitious people. You are given the opportunity to contribute from day one, the learning curve is quite steep but team members are very supportive and willing to teach. Flat corporate structure where even interns have access to VP's and Managing Directors.

    Cons

    Far away from NY.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Worked with extremely smart and competent people daily who went above and beyond on every transaction.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Dallas, TX
    Current Employee - Analyst in Dallas, TX

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

    Pros

    There's nothing better than working with great people. GS has that. I found my particular role challenging and interesting, with open-ended and hard investment questions.

    Cons

    Ensuring that nothing slips through the cracks can be draining, and the expectation is a flawless final work product and continuous availability.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    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
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  5.  

    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
  6.  

    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
  7.  

    Competitive salaries paired with rigorous and long hours at the office.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Goldman Sachs full-time

    Pros

    Compensation
    Smart Associates
    Driven Work Environment
    Solid Benefits
    Respect from Peers

    Cons

    Work Life Balance
    Management Style
    Recognition
    Expectations
    Office Personalities

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Challenging and rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Salt Lake City, UT
    Current Employee - Analyst in Salt Lake City, UT

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

    Pros

    Elite professional experience, high level of responsibility, fast paced learning environment

    Cons

    Slow career trajectory, hard hours, low analyst/associate pay

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Fantastic leadership and career development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President, Operations  in  Salt Lake City, UT
    Former Employee - Vice President, Operations in Salt Lake City, UT

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

    Pros

    Management is great at adapting and responding to change. There are also several leadership programs that provide valuable experience if you're able to participate. You get to work with smart, capable people who care about what they do and the people around them. Overall, a solid corporate culture with strong values that are usually emulated in management.

    Cons

    Hours can be very long. Though, there was an effort to try and reduce this for some teams as it was getting out of hand during certain times of year. Another con would be that even though they strive to be a "flat" organization, office politics and self-interested managers still exist.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    A great opportunity to work your tail off...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst  in  Salt Lake City, UT
    Current Employee - Operations Analyst in Salt Lake City, UT

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

    Pros

    - Motivated and intelligent coworkers
    - Great benefits and decent salaries
    - Comfortable workplace environment
    - Opportunities for additional training
    - It is easy to schedule time with upper management
    - Challenging environment

    Cons

    - Work life balance... 95% work, 5% life.
    - It is a very hierarchical organization (Not "flat")
    - The work can be monotonous
    - High expectations and demands can lead to high levels of stress
    - It is very difficult to make an impact on the firm if you are not in upper level management

    Advice to ManagementAdvice

    The training opportunities at Goldman Sachs are great! However, more often than not, it seems that the middle level management discourage going to the trainings because it will "keep you away from your desk". Middle level management should focus more on the long term development of the employees. Also, the culture of Goldman Sachs is very strong and rigid. In my experience, most levels of management are highly resistant to change. They should go out of their way to ask for ideas from all levels of the company.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    fullfilling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Technology Analyst  in  Salt Lake City, UT
    Former Employee - Senior Technology Analyst in Salt Lake City, UT

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

    Pros

    As a employee there is growth potential, good benefits, mentoring with like minded management. Tuition reimbursement, 401K matching, Global positions available. If you can make it at the firm for 2 years or more, then you can make it anywhere else in the industry.

    Cons

    Promotions occur with performance and not without your manager's blessing. Basic training, otherwise, fly by your pants in some cases. Work-life balance, firm believes in it, and if you need to work from home as well, that is fine too.

    Advice to ManagementAdvice

    As Galileo pointed out many years ago, the earth is not the center of the Universe, and neither are the men who think they run it. Treat everyone with courtesy and respect, and the firm will

    Recommends
    Neutral Outlook
    No opinion of CEO

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