Goldman Sachs

  www.goldmansachs.com
  www.goldmansachs.com

Goldman Sachs Reviews

These reviews contributed towards 2012's Best Places to Work recognition. See ratings and reviews for all time.
97 Reviews
3.6
97 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
72 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Be prepared to work, even as an intern

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

    I worked at Goldman Sachs

    Pros

    - Compensation
    - Responsibility given to each employee
    - Great training
    - Perks (free dinner after 8 PM, free car after 10 PM)
    - Prestige of having the firm on your resume

    Cons

    - The hours - even in the Operations division (where I interned), there is virtually no work/life balance
    - Too much time is spent focused on tiny details that don't matter very much or at all
    - Too much time spent in meetings which have nothing to do with your job
    - HCM doesn't do things when they promise they will
    - As is the case with any job, some managers (like the one I had) can be quite difficult to deal with

    Advice to ManagementAdvice

    Promote a better work/life balance and revamp some aspects of the firm's culture. Also, provide better training to managers so they can be more effective.

    Recommends
    Approves of CEO
  2.  

    Hard working and smart people around

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

    I have been working at Goldman Sachs

    Pros

    Hard working and smart people around

    Cons

    Long work hours and too much stress

    Advice to ManagementAdvice

    reduce work hours by more autoation

    Approves of CEO
  3.  

    good

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

    I have been working at Goldman Sachs

    Pros

    nice pay, intelligent people, loads of learning opportunities, great employer in the industry. go for it young starters, full of challenges

    Cons

    workload, long hours, high pressure, generally good, can't think of too much bad, oh may be hard to get in.

    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 2 people found this helpful  

    My experience was demanding, but you have to expect it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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

    Pros

    Steep learning curve
    Work hard, play hard
    Let me work on models to round out my summer experience
    Team always available to answer questions

    Cons

    Long hours
    HR was difficult when I tried to move internally
    Firm is currently cutting expenses
    Very volatile in terms of headcount

    Advice to ManagementAdvice

    GS is looking at its investment management division as its future revenue leader. It should instead retain its focus on investment banking advisory and sales & trading.

    Doesn't Recommend
    Approves of CEO
  6. 1 person found this helpful  

    Work hard and enjoy the culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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

    Pros

    You work with a group of people who pride themselves at working hard and achieving excellence.

    Cons

    You'll be working crazy hours and its not acceptable to do anything less. Also, the upward mobility seems pretty congested.

    Advice to ManagementAdvice

    I think the company is run very effectively especially the upper management down to the analysts all sitting together. They have created an environment where, although there is definately levels of power, it is felt that everyone is working together to create success.

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    Hardworking smart people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President - Technology in Jersey City, NJ
    Former Employee - Vice President - Technology in Jersey City, NJ

    I worked at Goldman Sachs

    Pros

    Very collaborative work culture. Tremendous focus on career growth - in fact improving yourself is not something they help you with - it is something you are _required_ to do otherwise you will be in the "bottom" for consideration when every year 5% of the worst performers are let go.
    Work from home is supported where it makes sense.

    Cons

    Technology hours are not as bad as banking hours, but still on average 10 to 12 hours a day (plus some other emergency every few days)
    The company used to be flatter 10 years ago, now there is more middle management.

    Recommends
    Approves of CEO
  8.  

    The experience has been great.

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

    I have been working at Goldman Sachs

    Pros

    Ability to contribute to various initiatives.

    Cons

    Employees are required to work very long hours.

    Recommends
    Approves of CEO
  9. 2 people found this helpful  

    Great learning ground, difficult culture

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

    I worked at Goldman Sachs

    Pros

    Brilliant people, top prestige, lean teams, great exposure to management and clients

    Cons

    Long hours, office politics, stuffy culture, unnecessarily competitive, male-dominated, fake and judgmental people. Disproportionate importance of perceived personality, and not actually a meritocracy.

    Advice to ManagementAdvice

    Don't micromanage, give better feedback

    Approves of CEO
  10.  

    Challenging

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate in Jersey City, NJ
    Current Employee - Associate in Jersey City, NJ

    I have been working at Goldman Sachs

    Pros

    Everyday you come to work you are faced with a new challenge and learn something new. A very rewarding place to work.

    Cons

    You have to be very committed to succeeding here by willing to work harder and longer than the average professional.

    Advice to ManagementAdvice

    In this environment of uncertainty and fear, I wish management would do a better job of making the employees feel more secure about their positions and the outlook of the firm.

    Recommends
    Approves of CEO
  11.  

    It was challenging but help me develop analytical and programming skills.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Technology Analyst in Jersey City, NJ
    Former Employee - Technology Analyst in Jersey City, NJ

    I worked at Goldman Sachs

    Pros

    Very helpful staff. Management doesnt have a very complex hierarchy. People are easily reachable. Participation is recognized and very appreciated.

    Cons

    Its a very busy environment. Might throw you off at first. The people are very busy but will try their best to help you.

    Advice to ManagementAdvice

    Very competent. Invest in their people. Very supportive of new ideas. They allow new ideas to be suggested and worked on.

    Recommends
    Approves of CEO

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