Goldman Sachs Reviews

Updated October 29, 2014
Updated October 29, 2014
1,777 Reviews
3.7
1,777 Reviews
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,176 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 181 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 390 reviews)

More Highlights

Employee Reviews

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  1.  

    Vice President

    • 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 10 years)

    Pros

    Name recognition, benefits,, opportunities for junior people

    Cons

    Due to the tightening regulations Goldman's business opportunities continue to srink

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Local office was great

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

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

    Pros

    Great director. Goldman is about high achieving standards but the Boston office is very family oriented. Pay was good but could have been more competitive in the boston office

    Cons

    Goldman is great on your resume but you definitely feel a different vibe at the national NYC level. Very cutthroat

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    great company 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

    Pros

    company culture
    people
    salary
    work life balance
    brand

    Cons

    upward mobility
    not many senior positions
    work through lunch
    networking
    people are late to meetings

    Advice to ManagementAdvice

    create more opportunities to rotate between teams

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


  5.  

    Pay is okay. Work-life "balance" non-existent

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

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

    Pros

    Salary
    Benefits
    Most colleagues are very intelligent and great to work with

    Cons

    Management acts entitled, and the bureaucracy around communicating with management is ridiculous
    Nearly impossible to work from home
    Expect to work long hours (even though management says office "face time" is not important...)
    Expect to get yelled at by management

    Advice to ManagementAdvice

    GENUINELY encourage work-life balance
    Allow people to work from home if they would like or need to
    Trust your employees more and allow them to do their jobs

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Good experience, smart people, but very political and performance dependent on manager

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

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

    Pros

    Great employee benefits and pay. The office in New York has an amazing view of the river and the Financial District. They have very influential people that come and speak at the office. Everyone is very smart and you have access to a lot of great tools.

    Cons

    Very long hours but you know that going in. Very political and unique culture. Performance isn't based on your capabilities or accomplishments as much as it is fitting well in the culture. Very formal, never casual. Very little transparency into bonus payments until a few days before. Company is very segregated in terms of revenue and federation divisions. The thing that made me leave was my manager. If you get the wrong manager, your life can become a living hell.

    Advice to ManagementAdvice

    Should be open to doing things differently. Let people experiment and learn other things besides their direct job responsibility.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Operations

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs

    Pros

    lots of resources, good hours, decent pay

    Cons

    rep tape and bureaucracy

  8.  

    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
  9. 2 people found this helpful  

    good company

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

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

    Pros

    large firms good location interested to smart guys offer pretty competitive stipends

    Cons

    limited free hours. compare to the work load, the salary is not competitive to the technology company in california

  10. 1 person found this helpful  

    Client Service

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

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

    Pros

    A great company to work for so much diversity.

    Cons

    Be ready to work hard, it really prepared you to work anywhere.

    Recommends
    Approves of CEO
  11. 3 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

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