Goldman Sachs Reviews

Updated October 22, 2014
Updated October 22, 2014
1,760 Reviews
3.7
1,760 Reviews
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,166 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 180 reviews)

  • People are smart (no one can be lazy, people always challenge you, you learn a lot) but humble (in 45 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 317 reviews)

  • Expect to work long hours (even though management says office "face time" is not important (in 388 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Not great place to work for if you want to have a balanced life outside of work.

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

    I have been working at Goldman Sachs full-time (more than an year)

    Pros

    Good work environment,i don't see much pros

    Cons

    Too much politician,as a contingent hard to get converted to employee

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Challenging opportunities within a collegiate atmosphere.

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

    I have been working at Goldman Sachs full-time (more than 5 years)

    Pros

    If your desire is to constantly challenge yourself and grow you skill sets, this is the place to be. Surrounded by many intellectuals who consistently challenge the status quo in a collaborative atmosphere will equip you with the management tools you’ll need to excel in a corporate environment.

    Cons

    Work-life balance can be a challenge in particular areas of firm as well as mobility within the firm. Both are championed by senior management and possible, but difficult to navigate and ultimately accomplish.

    Advice to ManagementAdvice

    Have HCM deliver clear and concise information regarding the expectations and responsibilities of new analysts. Many become disengaged and frustrated, due to perceived misplacement and lack of direction from managers (i.e. timely feedback).

    Recommends
    Neutral Outlook
  3. 1 person found this helpful  

    Lots of opportunity for people that want to put in the time and effort

    • 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 full-time (more than 5 years)

    Pros

    Close interaction with the business, working with smart people are some of the things that GS provides in spades. For people that are performing well, they're compensated accordingly.

    Cons

    There's a big focus on efficiency leading to understaffing in many areas. Work-life balance can be a big problem.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Goldman Sachs' brand is being redefined; one that trumps all other companies

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

    I have been working at Goldman Sachs full-time (more than an year)

    Pros

    -Intellectual capital AND emotional capital (IQ & EQ)
    -Diversity
    -work life balance - becoming better and better; what you out into it is what you get out of it
    -Philanthropy
    -Creativity in the world of finance
    -Leaders in their field from graphic design to theoretical physics create an unparalleled working atmosphere
    -Ranked as one of the most beautiful looking employee companies (I think due to an ambitious attitude that drives people to constantly take care of themselves)
    -Superb pay; unmatched structure

    Cons

    The hours are long - but hey, no pain, no gain.

    Advice to ManagementAdvice

    Continue to diversify the junior force

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Great brand, experience out of school

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

    I worked at Goldman Sachs full-time (more than an year)

    Pros

    Provides excellent training and career growth, especially at a junior people. Reputation holds its weight in a future job search. New efforts to stress work-life balance and recently adopted higher base pay to new IBD full-time analysts (to lure them away from the tech industry, etc.) are also a plus.

    Cons

    High turnover of excellent individuals. Very hierarchical and high-pressure. Not all middle-level managers are an inspiring bunch.

    Advice to ManagementAdvice

    Continue using technology to make a junior banker's work more efficient. Encourage more official mentorship and sponsorship.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    smart people and collaborative culture

    • 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 full-time (more than 3 years)

    Pros

    Work with some of the smartest people in the industry in one of the most intense cultures on the street

    Cons

    Lots of politics leads to very little instability within mid-level management. There is very little work-life balance and high turnover.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    IBD Analyst

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

    I worked at Goldman Sachs full-time (less than an year)

    Pros

    Future career opportunities are amazing

    Cons

    Hours, work-life balance, same type of work

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    GS Summer Analyst

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

    I have been working at Goldman Sachs as an intern (less than an year)

    Pros

    Great company with amazing opportunities to grow

    Cons

    Long hours and limited work life balance

    Advice to ManagementAdvice

    More training responsibilities to junior employees

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Lots of smart people, diversity is a huge problem

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President - Technology in New York, NY
    Former Employee - Vice President - Technology in New York, NY

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

    Pros

    You get to work with a lot of hard working and smart people

    Cons

    Ethnic diversity in tech is a huge problem at the firm causing lots of attrition

    Advice to ManagementAdvice

    Senior management in technology doesn't pay attention to ethnic diversity issues at the company and only promotes certain types of people. Culturally this makes it less attractive to candidates who can make it in companies such as Google and Facebook.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great company to work for

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

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

    Pros

    1) Smart people to work with
    2) Company very structured and things are quite efficient in general
    3) Great health care benefits

    Cons

    1) Not easy to transfer to other groups. You need to know people around.
    2) Can work long hours depend on your position
    3) Job can be boring at times since if you are stuck in the same are for too long

    Advice to ManagementAdvice

    Other than compensation, mobility is also important to retain talent.

    Recommends
    Positive Outlook
    Approves of CEO

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