Goldman Sachs Reviews

Updated October 18, 2014
Updated October 18, 2014
1,755 Reviews
3.7
1,755 Reviews
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,164 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 178 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 314 reviews)

  • Long hours, bureaucratic culture so that entry-level people have little chance to voice up (in 384 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 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
  2. 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
  3. 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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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
  6.  

    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
  7.  

    My experience there is very challenging

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

    I have been working at Goldman Sachs as a contractor (more than 5 years)

    Pros

    Goldman sachs is very diverse. it pays good and the people that work there are dedicated to their job.

    Cons

    tedious hours and long hours,

    Advice to ManagementAdvice

    I don't know

    Recommends
    No opinion of CEO
  8. 1 person found this helpful  

    Great career start but work is dry

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

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

    Pros

    Challenging environment, good compensation and great resume builder

    Cons

    The work can be dry and boring and junior people get limited exposure

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    outstanding

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    excellent training, amazing team, great gym

    Cons

    long hours, in New York City

  10. 1 person found this helpful  

    Very Rewarding

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

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

    Pros

    The firm invests a lot in interns and each intern has a well-defined project.

    Cons

    The firm is very big and the divisions, sub-divisions and teams are very complicated. You'll spend a while to understand the firm structure.

    Advice to ManagementAdvice

    NA

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Strats analyst

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    business side, interact with traders

    Cons

    its a bank and glassdoor requires two more words so here

    Advice to ManagementAdvice

    more flat hierarchy

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