Goldman Sachs
3.7 of 5 1,482 reviews
www.goldmansachs.com New York, NY 5000+ Employees

Goldman Sachs Reviews

Updated Apr 13, 2014
All Employees Current Employees Only

3.7 1,482 reviews

                             

92% Approve of the CEO

Goldman Sachs Chairman and CEO Lloyd C. Blankfein

Lloyd C. Blankfein

(1,003 ratings)

80% of employees recommend this company to a friend
1,482 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Smart people, great analyst class, offers a good career path due to its reputation"
    in 137 reviews
  • "You will learn a lot about how to work under stress and tight deadlines"
    in 37 reviews
Cons:
  • "Work life balance is non existent if you want to proceed up the corporate ladder"
    in 236 reviews
  • "Very long hours, pressure from senior people, high turnover of excellent people"
    in 323 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

3 people found this helpful  

Strong, admirable company culture that isn't always reflected by all teams or individuals

Vice President (Former Employee)
New York, NY

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

ProsThe firm overall really does work hard to ensure employees have the resources they need to be successful. From personal wellness classes, multiple corporate perks, and affinity networks to the robust 360 degree reviews and comprehensive training materials and professional skills classes. For self-motivated individuals, you will learn a tremendous amount from working here.

ConsDespite structured frameworks to promote a positive, healthy culture, there are many managers who circumvent these parameters. For example, despite 360 degree feedback, upper management still dictates the year-end performance review. At the end of the day, there is still a very strong undercurrent of politics despite the claim to be a meritocracy. This distracts from people doing real work and rewards people who spend more time self-promoting.

Advice to Senior ManagementDirect managers need to have more influence on their direct reports' performance reviews; if the firm truly wants to be a meritocracy, reviews must reflect an individual's value add, not his/her ability to "play the game". Also, employees should be able to speak to employee relations candidly without fear for losing their jobs, which is currently the case.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Climbing the ladder!

Anonymous Employee (Current Employee)

I have been working at Goldman Sachs

ProsPeople and responsibility. Amazing work culture.

ConsLadder is tough to climb, stay for a while, committed and you will do well.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Not a good employer

Software Engineer (Current Employee)
New York, NY

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

Prosgood pay, bad management, no time for self

Consslog yourself, not much benefits, office culture not interesting

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Best Job I ever had

Various Over the Years (Former Employee)
New York, NY

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

ProsThe level of the people you work with is absolutely top-notch! Compensation is fantastic.

ConsThey basically own your time. You are expected to be responsive to things like email and text 24 x 7.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Technology Team at Goldman Sachs

Anonymous Employee (Current Employee)

I have been working at Goldman Sachs full-time

Pros- Very smart people all around
- Extremely busy and result focused
- Cutting edge technologies used

Cons- You may be stuck doing bad work - so pro-actively fight that
- Divide between strategists (high profile technologists with high business knowledge) and technology can make you uncomfortable

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Best bank to work for but things can change

Vice President (Current Employee)
New York, NY

I have been working at Goldman Sachs full-time for more than 8 years

ProsGood pay, intelligent people, high efficiency

ConsLong hours, lack of diversity, low internal mobility

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

It is a very challenge company

Strategist (Current Employee)
New York, NY

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

Prosgood pay, good reputation, good location

Conslong hours, hard colleagues, hard requirement

Advice to Senior Managementbalance between life and work

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Operations Summer Analyst

Operations Summer Analyst (Former Employee)
Salt Lake City, UT

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

ProsGreat development throughout the summer with a lot of hands on training from team.

ConsWork days are 10 hours minimum, sitting at a desk all day. Can be exhausting and hard to balance with normal life.

Advice to Senior ManagementTry to lower the hours required to work

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great place for an internship

GSAM - Intern (Former Employee)
Salt Lake City, UT

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

ProsLots of one-on-one time with analysts and management
They make you feel like your projects are important

ConsIt's hard to add too much value as an intern
The attitude of some SLC GS employees is somewhat haughty.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great Place to Learn Financial Technology

Technology Analyst (Current Employee)
New York, NY

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

ProsColleagues are brilliant yet very fun social people, makes for a great environment day-to-day. Pay is good, can't complain there. Interesting problems facing the industry and close client interaction make the job consistently challenging in a great way. Remote working is easy and encouraged.

ConsThe hours....you end up spending a lot of time here if you're trying to advance yourself. A lot of advice I've been given to get ahead basically translates to "do this extra task in your nonexistent free time". Focus is becoming more on cost control rather than building products to advance the business, which makes me worried for the future.

Advice to Senior ManagementBe careful with this "cost-control" road you're heading down, you're already losing a lot of young talented developers to start-ups and Google, and this won't help.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Goldman Sachs? Contribute to the Community!

Goldman Sachs Videos

Loading...

Goldman Sachs – Why Work for Us?

We bring together people, capital and ideas to produce solutions and results for our clients by playing a number of roles: financial advisor, lender, investor and asset manager. A commitment to integrity, team work and… Full Overview

Provided by employer [?]

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

Glassdoor is your free inside look at Goldman Sachs reviews and ratings — including employee satisfaction and approval rating for Goldman Sachs CEO Lloyd C. Blankfein. All 1,482 reviews posted anonymously by Goldman Sachs employees.