Goldman Sachs Reviews

Updated September 17, 2014
Updated September 17, 2014
1,701 Reviews
3.7
1,701 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,137 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 166 reviews)

  • You will learn a lot about how to work under stress and tight deadlines (in 43 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 283 reviews)

  • Long hours and work environment was not personally what I am looking for (in 356 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    Working hard to improve but change is slow.

    • 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 for more than 8 years

    Pros

    Career advancement potential.
    Exceptionally intelligent and talented staff at all levels.
    Learning opportunities galore.
    Autonomy
    Meritocracy
    Great office at 300 West

    Cons

    Currently innovation is being choked by regulatory priorities (at least in tech).
    Comp isn't what it used to be, though to their credit, they do their best to take care of their best.
    Red Tape capital of the world.
    Despite good efforts, work-life balance still not achieved

    Advice to ManagementAdvice

    Overfund, not underfund, the business-prioritized projects, ensure overages are assigned to technical debt, and lavish appreciation on those working on your technical debt instead of hiding them. Gamification is not a panecea.
    Enough with the projitos... get MORE agile, not less.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Challenging work

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

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

    Pros

    Great learning experience, new technology

    Cons

    Be prepared to work extra hours

    Advice to ManagementAdvice

    Cut the red tape

    Recommends
    Neutral Outlook
  3.  

    Very large diverse firm

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

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

    Pros

    Opportunities to become involved in many cross-desk projects and activities. People are generally very smart and professional.

    Cons

    Quant and tech teams are not always well structured so tends to be a lot of inefficiencies in how technical projects are completed. Easy to fall into traps where you spend 90% of time working on menial projects that should have already worked properly.

    Recommends
    Approves of CEO
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  5.  

    Wealth Management Associate at GS

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

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

    Pros

    Great Experience. Work with extremely smart, ambitious people. Company puts the clients first. Great medical benefits.

    Cons

    Long hours and Salary is mediocre comparatively speaking to how much effort and time you devote to getting the job done. Extremely hard to move internally.

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

    SLC is not a good entry point into the firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actually Didn't Have A Title  in  Salt Lake City, UT
    Current Employee - Actually Didn't Have A Title in Salt Lake City, UT

    I have been working at Goldman Sachs full-time for more than a year

    Pros

    looks super on the resume (to outsiders)

    Cons

    hmm, where do I even start

    Advice to ManagementAdvice

    haha yeah right

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Good

    • 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 for more than a year

    Pros

    Extremely Talented Staff, Great Place to make career transitions

    Cons

    Politics is embedded in its culture

    Advice to ManagementAdvice

    Work-Life Balance

    Approves of CEO
  8.  

    Human Capital Management Summer Analyst

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

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

    Pros

    Great pay, very intelligent colleagues, great exposure to senior leadership, flat organizational structure

    Cons

    There are long hours, sometimes a difficult bureaucracy.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Summer Operations Analyst Experience

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

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

    Pros

    -Very smart driven people
    -Great development opportunities
    -Good work life balance

    Cons

    -The diversity of subdivisions within the division (Some roles are very challenging and interesting, while others are copy and pasting data all day)
    -Compensation could be better
    -Overly structured career progression path

    Recommends
    No opinion of CEO
  10.  

    Great place to work ! Very professional and well-organized firm.

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

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

    Pros

    Professional, excellent culture, work is challenging enough, great team work, pay.

    Cons

    Long hours, Work-life balance not good.

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

    Great technical skills and driven people, cutthroat culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Salt Lake City, UT
    Former Employee - Financial Analyst in Salt Lake City, UT

    I worked at Goldman Sachs full-time for more than a year

    Pros

    The set of skills you acquire here are among the best you'll ever receive for really any corporate or entrepreneurial pursuit that follows. The experience attained here is roughly 2X more than the same time spent elsewhere, and recruiters recognize the high brand quality of the firm. Goldman recruits highly motivated people who tend to be very sharp.

    Cons

    The culture lent itself to high levels of competition, encouraging employees to seek (whether consciously or subconsciously) opportunities to "throw colleagues under the bus" in order to get ahead, particularly at the junior level where there are only so many spots open to promote to Associate. Although management is relatively decent compared to other Wall Street firms, they can be very condescending towards employees and not fully honest about the thinking behind decisions made. There's a high degree of "face time", like anywhere on Wall St, and Goldman will never hesitate to put work ahead of anything else in your life, whether that be personal interests, friends, or even family.

    Advice to ManagementAdvice

    Treat junior level employees more like human beings, recognize the damaging effects of 100+ hour work weeks and permanent fixation on blackberry devices. Find creative solutions to enhance productivity while still challenging and developing employees. Allow for time to be spent with family and interests outside of work...no, ENCOURAGE this, recognizing the benefits of a more satisfied and balanced human capital asset.

    Recommends
    Positive Outlook
    Approves of CEO

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