Goldman Sachs Reviews

Updated August 30, 2015
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3.6
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
135 Ratings

Pros
  • learn from smart people who take their jobs seriously (in 185 reviews)

  • Ops is great in that you can learn a lot of transferable skill sets and abilities that you can take to almost any job (in 46 reviews)

Cons
  • It is very difficult to maintain work life balance due to high expectations (in 323 reviews)

  • Very long hours but you know that going in (in 398 reviews)

More Pros and Cons

196 Employee Reviews

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  1. Helpful (1)

    Good starting point

    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits including medical dental vision etc, smart people, professional environment, decent pay. Management is generally well informed, involved in day to day operations.

    Cons

    You will work a lot of hours. 50 hours is the expected minimum, with some people working 70 plus. Upper management and mid level often have different ideas of changes that are needed.

    Advice to Management

    Be more transparent with compensation and bonuses. Closed door policies on compensation make it hard to see why the extra hours are worth it. Ensure all levels of management have the same vision.


  2. Finance Division

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Salt Lake City, UT
    Current Employee - Financial Analyst in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Smart, diverse people. Great environment to learn. High performers get more interesting and challenging work

    Cons

    Regional office will never garner the same respect as New York. More interesting and challenging work doesn't mean better pay at lower levels.

    Advice to Management

    encourage more mobility, and fight for respect from NYC.


  3. Analyst

    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There is a lot of brilliant people working for Goldman Sachs. You will learn more in a very short period of time than you likely would at other companies. There is also opportunity for advancement in a relatively short period of time if you perform.

    Cons

    Because the company is so large, you get placed in a very specific area of work. You become a subject matter expert, but can be stuck doing the same type of work frequently. It is also a demanding work environment. It is definitely not a 40 hour a week job if that is what you are looking for.

    Advice to Management

    There is a lot of turnover at the company. Give employees more flexibility to encourage employees to work at the firm for a longer period of time.


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  5. Helpful (1)

    Operation Analyst

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

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

    Pros

    GS culture is great. People are hard working and smart. Team work is important here. Overall, I love working at Goldman. It is rewarding.

    Cons

    Long hours might be tiring.


  6. Summer employee

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

    Pros

    Good Work Culture, Fun internship

    Cons

    Challenging project which lead to little over time work.


  7. It is a good experience but want to to experience more

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Salt Lake City, UT
    Current Employee - Software Developer in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I like places like Utah. Good for networking. Lots of training in a wide range of technologies, ability to move to other areas.

    Cons

    Small office but number of employees is increasing. restaurants can be far. Nightlife is slow but there is Vegas.... Not

    Advice to Management

    Keep providing opportunities to the employees growth


  8. IMD - GSAM - Operations Summer Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Analyst in Salt Lake City, UT
    Current Intern - Summer Analyst in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The sky is the limit to learn new things. Everybody you work with is extremely smart, driven, and motivated. They advertise to be invested in their people, and they really back that up. Pay is competitive for a summer internship. Being an intern, you are given the opportunity to network with nearly anybody that you want. They treat their interns very well over the summer with numerous social events. The social atmosphere with fellow interns is unique, and you can make some good friends over the summer.

    Cons

    The Ops intern placement process seems to be a pretty random. I was put on a team that was more of a trading middle office role, and worked with brokers and traders on a daily basis. Others were not so lucky and you could tell that they didn't enjoy the experience. However analyst work can be mundane if you let it, in any division. Long hours, obviously, but if you don't know that before signing up then you didn't do your homework.

    Advice to Management

    Communicate better with the intern placement process. Instead of people just accepting the offer and not really knowing where they are headed.


  9. Professional, but not compensated correctly

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in North Salt Lake, UT
    Former Employee - Operations Analyst in North Salt Lake, UT
    Recommends
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Professional environment Smart and great people to work with if lucky, great team environment

    Cons

    Long hours, not paid well enough If you are entrepreneurial minded, GS owns your ideas for the life of your contract. Don't think about taking opportunities and apply them somewhere else because you could be in for a nasty ride!

    Advice to Management

    Management, like everywhere, had their favoritism hats like other places, but still very professional


  10. Helpful (1)

    Equity Research Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equity Research Analyst in Salt Lake City, UT
    Former Employee - Equity Research Analyst in Salt Lake City, UT
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Surrounded by a lot of smart people. prestigious firm and culture, learn quickly through challenging work.

    Cons

    In equity research analyst, your experience is almost 100% dependent upon the team you get placed on, typically 3-5 people, particularly the disposition of your senior analyst.

    Advice to Management

    Try to encourage senior analysts to treat junior employees with a bit more respect (at least those who are notoriously difficult to work for).


  11. intern - tech analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Salt Lake City, UT
    Former Employee - Intern in Salt Lake City, UT
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    challenging projects. Work with brilliant people. The hours aren't crazy like the rest of Goldman.

    Cons

    lower pay than other tech firms in Utah. Sometimes it's hard for brilliant people to break down a concept to teach it....so maybe there's a little less brilliance than I think.

    Advice to Management

    dont put interns into pods with no dedicated full time help. The lack of resources combined with lack experience makes it more stressful and difficult than exhilarating and engaging.



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