Goldman Sachs Reviews

Updated July 30, 2015
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189 Employee Reviews

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  1. Operations Analyst

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Excellent environment, challenging, career opportunities, team work, awesome coworkers

    Cons

    Long hours, poor work-life balance, lots of work for average compensation


  2. Operation Senior Associate

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

    I worked at Goldman Sachs

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Joining Bonus Flexibility of working in various geographic areas

    Cons

    Low Base Salary / Low Bonus Work Culture - A lot of politics with ineffective appraisal system Very few growth opportunities within the Operations Division

    Advice to Management

    Please ensure innovation is not limited to revenue generating division and some room for innovation is given to Operations division as well.


  3. Voice provisioning

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

    I worked at Goldman Sachs full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great firm with great benefits. Work was challenging and team was good to work with. I enjoyed the time I was there

    Cons

    Upper management is very disconnected with teams. My team was once referred to as trained monkeys. Managers were told to not get attached to employees avoid after work interaction.

    Advice to Management

    Treat team members well, most of the people that I worked with contingent and employee both, enjoyed the firm, a little respect can go a long way and the balance of praise and beat down from upper management is way off. Praise never came down.


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  5. Helpful (3)

    Operations Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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 (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Professional organization with great managers and corporate infrastructure. I was lucky to get on a team that had reasonable expectations in regards to work hours and work-life balance.

    Cons

    Pay and transparency. Goldman isn't what it used to be.

    Advice to Management

    Goldman isn't what it used to be. Lower pay for the same grueling hours is the typical status quo. Given that fact, pay them more or cut back on expectations. This is why attrition is so high in Salt Lake City.


  6. Operations analyst

    • 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

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

    Pros

    smart people and interesting work

    Cons

    crazy hours and bad rep in the press

    Advice to Management

    open door policy for junior staff


  7. Helpful (1)

    Rode hard and put away wet

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

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

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

    Pros

    Smart, extremely hard working colleagues Very professional environment Looks stellar on resume

    Cons

    Severely underpaid for the work you do Extremely long hours - it was common to start the day at 7 am and not leave until 7 or 8 pm. The 'culture' does not allow you to take a lunch break, you have to eat at your desk while working. Overtime pay is only half pay, which is insulting since you are unofficially mandated to work overtime.

    Advice to Management

    Show us that you value your employees. Treat us like humans who have needs, like the need to take a break once in a while, and recognize that your employees need to have a life outside of work. Tons of GS workers are burned out and miserable but stay because of the prestige of working for a firm like GS.


  8. Helpful (2)

    Rigged with bureaucracy and mis-management

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

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

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

    Pros

    in general organization is very good. It really takes care of its employees. it offers good benefits and health plans

    Cons

    good organization to work for BUT the experience really depends on the team. People are promoted based on how good their relationships are with higher management and not on the basis of the quality of work and value they are adding. Managers are not aware of their team members skill set and they totally fail at creating opportunities for their career advancement. no acknowledgement or recognition for the people who are working for 11-12 hours a day. Their work goes unacknowledged.

    Advice to Management

    Please try to retain people who are working for you for 10-11 hours a day and PLEASE acknowledge their work. Instead of promoting people on the basis of boot licking or cajoling; try to promote people on the basis of quality of work they are doing. Try to find opportunities for people on the basis of their skill set


  9. Great experience

    • 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

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

    Pros

    Many learning opportunities, competitive pay, access to senior leaders,

    Cons

    Behind the times with treatment of younger employees.

    Advice to Management

    Realize that high attrition rates are inevitable unless you change the current promotion structure.


  10. Excellent Place to Launch a Career

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

    I worked at Goldman Sachs

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

    Pros

    Flat organization with great great people, lots of access to senior management, fast-paced and challenging work environment ensures you'll never be bored, lots of opportunity to work on different things and transfer to different departments (if you're a high performer) & outstanding benefits. Goldman really puts a lot of emphasis on their people, in developing them and having an open environment that's conducive to learning & progress.

    Cons

    SLC office is growing so rapidly there are some growing pains, it can feel like a very new/transitional type of company at times and there can be kinks in management and organizational structure (ie an ill-defined job role) that can add a lot of stress at times. Also, salary is ridiculously low. I don't care what they claim the SLC market is paying, it's way low. It seems like the other banks in town are raising salaries to compete with GS in the recruiting game though, and plenty of people quit to jump ship so perhaps with time the market will force salaries higher. That said, the benefits package is amazing!!!


  11. Good place to start

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    A lot of development opportunities

    Cons

    Long hours and not necessary best in back office



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