Goldman Sachs Reviews

Updated July 17, 2015
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188 Employee Reviews

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  1. Helpful (1)

    I interview with GS and very quick in making a decision

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

    I have been working at Goldman Sachs full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very professional . They walk what they talk.

    Cons

    I think it's no work life balance. It requires lots of stress sometime.

    Advice to Management

    I think they should be more open and work closely to their folks.


  2. Summer Analyst - Good Experience

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

    I worked at Goldman Sachs as an intern (Less than a year)

    No opinion of CEO
    No opinion of CEO

    Pros

    The internship program is a great experience. Got to hear upper management speak about the company and future career. My team was very helpful in training me on daily tasks.

    Cons

    The hours are really long. Prepare to work almost all day on repetitive and mundane tasks. Not a lot of room for growth.


  3. Sweatshop

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

    I worked at Goldman Sachs full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Benefits, compensation, and resume building. Sometimes teams are cohesive and friendly, other times not so much

    Cons

    Hours, demands, constant shifting roles. Layoffs were always looming, incredibly competitive.

    Advice to Management

    Be realistic


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  5. Very Good

    Current Employee - Vice President - Technology in Salt Lake City, UT
    Current Employee - Vice President - Technology in Salt Lake City, UT

    I have been working at Goldman Sachs full-time (More than 10 years)

    Pros

    Team work, Challenging, Reputation, compensation, diversity

    Cons

    late nights, pressure, buerocracy, weekend work, politics


  6. Helpful (1)

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    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 Management

    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


  7. Helpful (1)

    A Type People doing B Type Work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    People are great, training opps are endless and the opportunities to advance are good. Firm promotes internal mobility and holds to it as long as you a good candidate.

    Cons

    Work hours are long, very bureaucratic, work can be very monotonous at times. The review process is ridiculously unhelpful and the bonus and promotion process is very political. Every year there is a reaping and the bottom 5% is cut- so fear of layoff is seemingly always there- a pro in some aspect...


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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good work environment,i don't see much pros

    Cons

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


  9. Helpful (3)

    A great opportunity to work your tail off...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Motivated and intelligent coworkers - Great benefits and decent salaries - Comfortable workplace environment - Opportunities for additional training - It is easy to schedule time with upper management - Challenging environment

    Cons

    - Work life balance... 95% work, 5% life. - It is a very hierarchical organization (Not "flat") - The work can be monotonous - High expectations and demands can lead to high levels of stress - It is very difficult to make an impact on the firm if you are not in upper level management

    Advice to Management

    The training opportunities at Goldman Sachs are great! However, more often than not, it seems that the middle level management discourage going to the trainings because it will "keep you away from your desk". Middle level management should focus more on the long term development of the employees. Also, the culture of Goldman Sachs is very strong and rigid. In my experience, most levels of management are highly resistant to change. They should go out of their way to ask for ideas from all levels of the company.


  10. Helpful (4)

    Great Place to Start a Career

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    GS is a fantastic place to start a career. They teach you so much and expect even more. The management is very open to answering questions and teaching up and coming employees. There is a very strong office culture and an office-wide desire to provide the best. It is very challenging, fast-paced and interesting. This is the kind of place where sprinters thrive. However, how many of us can sprint through a marathon?

    Cons

    First off, the pay is horrible. They almost brag about their ability to pay the lowest possible amount to keep an employee. I advanced several times, and my pay always seemed to be about the same. It is hard to justify an increase in responsibility, time, and expectation without compensation being reciprocated. Secondly, the reviews are a farce. Your manager, who gathers all the reviews from your peers, has the ultimate deciding factor of what your final score will be. They can drop it to whatever they want regardless of your peer ratings. I have sat in review sessions and watched this very thing happen.


  11. Helpful (3)

    This was a great place to start my career.

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

    I worked at Goldman Sachs full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The firm has great people and plenty of opportunities to stretch yourself.

    Cons

    The firm requires a minimum of 50 hours per week.



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