Goldman Sachs Reviews

Updated March 28, 2015
1176 reviews filtered by
  • Any Location
  • Any Job Title
These reviews contributed towards 2011's Best Places to Work recognition. See ratings and reviews for all time.
3.8
1,176 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
313 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. It is a great place to work, smart people, smart choice

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

    I worked at Goldman Sachs

    Pros

    good salary, good benefits, good environment

    Cons

    there is really nothing to really say as cons

    Recommends
    Positive Outlook
    Approves of CEO
  2. Goldman Sachs has a corporate culture of success.

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

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

    Pros

    Goldman Sachs has a horizontal corporate structure that allows employees from every level to be heard. Employees are encouraged to be innovative and entrepreneurial. One of the business principles emphasizes that people talent is one of the company most valuable asset, therefore the development of its people is at the center of Goldman's business strategy.

    Cons

    Management needs to help employees to improve work life balance in order for them to sustain long term productivity and efficiency.

    Advice to ManagementAdvice

    Management needs to create strategies to retain talent and reduce turnover in the internal audit department. Management can improve talent retention by contributing to employees' long term career advancement prospects and create flexible working arrangements to help mothers better balance their work and personal obligations at home.

    Recommends
    Positive Outlook
    Approves of CEO
  3. Positive Experience, intelligent teams and coworkers

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

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

    Pros

    Experience to work with really smart people
    very competitive
    good reputation

    Cons

    low salary
    too much work expectation from individuals

    Recommends
    Neutral Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great place to work - for young people

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

    I have been working at Goldman Sachs

    Pros

    Great network Great exposure. Good Culture

    Cons

    Horrible long term prospects, low salary

    Advice to ManagementAdvice

    Compensation is most important tool to reward your workers.

    Negative Outlook
  6. excellent firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    top-notch good people / future network, great platform, strong name brand for your resume
    network after you leave goldman is indispensable

    Cons

    pay depends on number of factors that are out of your control, big exodus of people out of goldman
    can be a lot of work depending on your level

  7. Great summer experience

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

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

    Pros

    Has improved ability to get job elsewhere, brand recognition, great mentorship

    Cons

    stressful summer, selection process felt being on the bachelor/bachelorette

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. Multi-Year Veteran

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Chicago, IL
    Current Employee - Manager in Chicago, IL

    I have been working at Goldman Sachs

    Pros

    Great people. Great culture. Great synergies between different businesses. Reputation greatly improved. Highly commercial orientation. Very good place to develop new skills particularly early in a career.

    Cons

    Political at more senior levels. Compensation trajectory flattening relative to the past. Work life balance improving but still a challenge. May be inflexible of different leadership styles.

    Advice to ManagementAdvice

    Create more of a meritocracy at senior levels and reduce politics. Do not foster competitiveness which can become counter-productive. Explain strategy better to employees. Focus on fewer products.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful

    Smart people to work with. Tech not as good as they think they are.

    • 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 a year)

    Pros

    -Really smart people to work with.
    -Very understanding senior management. Always open to hearing new ideas.
    -One of the best wall street firms. Great name on the Resume.
    -You get to work on getting requirements, coding and testing. Support is handled by outsourcing firms. Which is a win-win for a developer in my opinion.
    -Keeps you buys. Get to learn a ton.
    -Way ahead of Citi/JP Morgan/BofA in terms of tech.
    -Great compensation.

    Cons

    -If you need green card sponsorship, think twice before investing your time here. Most people do not think about this until its too late. The firm only files for your green card when you have about a year left on your H1B. This uncertainity kind of offsets the benefits of great compensation.
    -Depending on the team you work with, you might end up working on legacy and non-open source tech. (Slang/SecDB - which btw is great technology wise if you plan on staying here for the next 15 years) Good luck trying to find a job with Google/Facebook with that experience.
    -Attitude that the tech stack is best on wall street and cannot be improved on. You'll find data replicated like crazy all over the place. 60% of the tech stack is internal. Impossible to google a solution to something you get stuck in.

    Advice to ManagementAdvice

    Try to get more open source to attract better talent. we are not in the 90's anymore. There's real competition for talent. Being a new grad, my classmates have preferred Google/Facebook over GS for this reason.
    Please also be a little more open minded about technology. There's a lot to learn from the rest of the world.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. Senior Director

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

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

    Pros

    Compensation, people you meetings

    Cons

    Risky job, work schedule

    Advice to ManagementAdvice

    Very good upper management

    Recommends
    Positive Outlook
  11. Great Company for your career

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

    I have been working at Goldman Sachs

    Pros

    Prestigious brand in the financial industry

    Cons

    long working hours. Transportation is okay.

    Advice to ManagementAdvice

    Good

    Recommends
    Positive Outlook
    Approves of CEO

Work at Goldman Sachs? Share Your Experiences

Goldman Sachs

 
Click to Rate
or

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