Goldman Sachs Reviews in Salt Lake City, UT

Updated August 25, 2014
Updated August 25, 2014
1,694 Reviews

3.6
1,694 Reviews
Rating Trends

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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,136 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

155 Employee Reviews Back to all reviews

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  1.  

    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
  2.  

    Can learn a lot about finance domain

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

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

    Pros

    Unlimited Sick Leaves.
    Good Bonuses sometimes.
    A lot of cultural activities.
    Good Medicare and health benefits
    Matching Employer 401K

    Cons

    Need to work on weekends.
    If you work on something critical need to be available when you are taking time-off from work

    Advice to ManagementAdvice

    Should Shuffle Managers between teams.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Everything you'd ever want and more.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • 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 as an intern for less than a year

    Pros

    There are a million things to do, a hundred ways to do those things, and there's always a chance to learn something new. The people are super friendly and they're always open to teaching you about their team/division. If you work hard, your managers will notice and you WILL be rewarded. You can talk to anyone you'd like so long as you let them know in advance -- analysts to managing directors.

    Cons

    Too many programs to learn immediately. Tasks can seem daunting at first but once you begin putting the bigger picture together most activities begin to make sense. Getting access to programs may take forever but once you have it you will understand why.

    Advice to ManagementAdvice

    Great job!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good internship opportunity - smart colleagues

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

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

    Pros

    Good pay and opportunity to do meaningful projects.

    Cons

    Political culture and lack of work/life balance.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Say Goodbye to Your Personal Life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • 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 full-time for more than a year

    Pros

    Working with the absolute best and brightest. Goldman is known to recruit top talent and it shows.
    Lots of training provided. Asking questions is encouraged. Great benefits (401k matching, great health care/dental/vision), short commute times if you manage to avoid SLC rush hour traffic/ winter storms

    Cons

    As with most reviews, work life balance is abysmal, especially if you want to move up. Once you're given a blackberry, there is no excuse for not being available or responding to emails while you're not in the office. The monetary rewards can be amazing, but were not worth giving up my personal life and personal time, in my own opinion.

    Ideas for change are welcomed, but a very corporate culture can make it difficult to get things accomplished and changed. Managers can be very forgetful and have to be reminded of things everything. When they forget something, they blame you for not remembering for them. Credit to the individual is thrown out the window as everything is focused on how the team does, however coworkers will take credit for your work with your direct manager if you don't raise your hand say you did X task.

    Analyst pay is very low which quickly hurts morale. Compensation has taken a hit in the recent years, although the executives in New York have gotten compensation increases.

    Operations is heavily dependent on I.T., however the communication is very difficult and I.T. is so backed up, it can take months before they get to a request of yours.

    Perks have been reduced to the point where "Jeans Day" is the highlight of the quarter. The office is not client facing therefore business casual clothes is not always required. Let all Fridays be jeans day. Christmas, Halloween, etc, have all been cancelled at the office. Anyone who decorates their area that is festive with the season will get a stern talking to by the closest Managing Director. Its like they suck the little bit of fun you would think you're allowed to have out of the work place.

    One can take sick days as needed, however if you miss more than 1 day and you're not dying or in the hospital, your work starts to get distributed to other team members. This creates a stigma that you're not that sick and can still work from home. So although you're able to take sick days, it's looked down upon when you take more than 1 at a time for something that does not require hospitalization.

    Advice to ManagementAdvice

    Don't be so skeletal with your staff to "bring out the best in them". Add in some headcount and allow people to take more time off, work normal days, and have a life that doesn't have Goldman Sachs stamped all over it.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Good benefits

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

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

    Pros

    Great health care
    Smart coworkers
    Positive training programs

    Cons

    I worked in tech and it was surprising how buggy their software was
    Many manual processes and high error rates
    Poor work life balance, more of a life style/sweatshop
    Highly political

    Advice to ManagementAdvice

    Add some toilets. Nothing like a pile of work to do and having to wait 30 minutes in line because there are only 3 toilets for the 200+ people on the floor.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Phenomenal. For some one just out of college, you cannot ask for a better introduction to corporate America.

    • 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 full-time for more than a year

    Pros

    You are always working with the smartest people in the industry, whether it's your peers or your seniors.
    The competition pushes everyone to always be on their toes and do the best they can.
    The network you make here is unparalleled. Capitalise it.
    You end up mastering your product, because there is no other way to survive it. The yearly review also ensures unbiased performance evaluation.

    Cons

    They lack diversity, though they try really hard to make up for it.
    May not be the best place for someone who is an introvert or shy.
    Work hours are insane, but most times if you have a good team, it doesn't seem half as bad.

    Advice to ManagementAdvice

    Be more in tuned with your subordinates needs, especially those that are not American but work in the America offices.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Good and Bad times

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

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

    Pros

    Great benefits (excluding pay) including a lot of vacation days. Company promotes cultural diversity and is very much against any type of discrimination. Once management likes you there are lots of opportunities to learn new things and get your name out there. Work is challenging and fast paced in a good way. You will be tested in all aspects and if in the end GS in not a right fit for you this will be a great benefit elsewhere. There are a lot of smart people that know how to solve problems and work hard - many opportunities to learn from them.

    Cons

    Long hours are the norm. You're expected to give a little bit too much of yourself to the job. Peer reviews are a very large part of how employees are evaluated so that opens you up to backstabbing and co-workers writing bad reviews full of half-truths or even flat out lies. You hope management will see through that and not penalize you. Compensation in support roles/operations is not enough for the amount of work and effort put in.

    Advice to ManagementAdvice

    Try to make people feel more valued, maybe by giving a raise once in a while.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Vice President Operations

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

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

    Pros

    Lots of challenges, lots of opportunity, being very busy makes the 10-12 hour days go fast.

    Cons

    some managers do not know how to manage people, very obvious that it helps A LOT to be a hug for opportunities and promotions.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Challenging but filled with opportunities

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

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

    Pros

    Good compensation, plenty of opportunity for strong performers

    Cons

    Very poor work life balance

    Advice to ManagementAdvice

    Need to be mor proactive when addressing resource constraints

    Recommends
    Positive Outlook
    Approves of CEO

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