Goldman Sachs Reviews

Updated September 4, 2015
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3.8
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,319 Ratings

Pros
  • learn from smart people who take their jobs seriously (in 185 reviews)

  • Ops is great in that you can learn a lot of transferable skill sets and abilities that you can take to almost any job (in 46 reviews)

Cons
  • It is very difficult to maintain work life balance due to high expectations (in 323 reviews)

  • Very long hours but you know that going in (in 398 reviews)

More Pros and Cons

2,142 Employee Reviews

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  1. Helpful (1)

    Good starting point

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

    I have been working at Goldman Sachs full-time (More than a year)

    Pros

    Great benefits including medical dental vision etc, smart people, professional environment, decent pay. Management is generally well informed, involved in day to day operations.

    Cons

    You will work a lot of hours. 50 hours is the expected minimum, with some people working 70 plus. Upper management and mid level often have different ideas of changes that are needed.

    Advice to Management

    Be more transparent with compensation and bonuses. Closed door policies on compensation make it hard to see why the extra hours are worth it. Ensure all levels of management have the same vision.


  2. Private Wealth Management Summer Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Wealth Management Summer Analyst in Gainesville, FL
    Former Employee - Private Wealth Management Summer Analyst in Gainesville, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Goldman Sachs (Less than a year)

    Pros

    The company culture is outstanding, everyone you work with is friendly and extremely helpful

    Cons

    I did not experience any cons during my employment


  3. Great company but needs change

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good teamwork and overall smart people

    Cons

    Not adapting to changes in market. People leaving for competition


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  5. Helpful (1)

    Good place to work

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

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

    Pros

    Smart people; Strong technology organization; Plenty of learning opportunities; Great place to start your career out of school due to strong intern and new analyst programs; looks great on your resume

    Cons

    very political; not enough to just be good at your job - you need someone senior to push your career forward; technology organization is undergoing a radical change - not necessarily for the better; compensation model deteriorated

    Advice to Management

    pay people better; help maintain better work-life balance rather than just talk about it; provide more openness about the firm's plans and direction to the employees


  6. Technical analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Analyst & Programmer in New York, NY
    Current Employee - Technical Analyst & Programmer in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Goldman Sachs full-time (More than a year)

    Pros

    Good environment. Good people, good work. Everyone works hard. Work from home.

    Cons

    Some teams with ridiculous hours. They want everyone to focus on growth development. Not enough pay.


  7. A cult, but a very well-paying cult.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice-President in Jersey City, NJ
    Former Employee - Vice-President in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Goldman Sachs (More than 5 years)

    Pros

    Very, very smart and ambitious co-workers. You'll be amazed at how hard you can work.

    Cons

    A very passive-aggressive culture that strongly enforces conformity to the corporate culture.

    Advice to Management

    Don't take yourself so seriously. Pride cometh before the fall.


  8. Operations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Goldman Sachs full-time

    Pros

    Professional development, challenging, strong culture, industry leader

    Cons

    work life balance, limited career potential in Utah


  9. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Jersey City, NJ
    Current Employee - Analyst in Jersey City, NJ
    Recommends
    Positive Outlook

    I have been working at Goldman Sachs full-time (More than a year)

    Pros

    The firm culture is very supportative and the collegues are very smart. Good for starting a career.

    Cons

    The workload is heavy and need to spend a lot of time doing support. The work pressure is a little high.

    Advice to Management

    Express your opinions straightforwardly, be open to feedback. React quickly to emails. Explore available resources.


  10. Administrative assistant

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Goldman Sachs full-time (More than a year)

    Pros

    Gym, medical office, building estheticaly pleasing. One can break the ceiling and move up from an admin position if they desire to do so

    Cons

    Each department has its own way of managing its infrastructure and its employees. Some other better than other. Information is release on need to know basis which is frustrating if you want succeed. Research the group where you are applying before you accept your offer


  11. Finance Division

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Salt Lake City, UT
    Current Employee - Financial Analyst in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart, diverse people. Great environment to learn. High performers get more interesting and challenging work

    Cons

    Regional office will never garner the same respect as New York. More interesting and challenging work doesn't mean better pay at lower levels.

    Advice to Management

    encourage more mobility, and fight for respect from NYC.



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