Goldman Sachs

  www.goldmansachs.com
  www.goldmansachs.com

Goldman Sachs Reviews in Utah

Updated December 16, 2014
Updated December 16, 2014
1,850 Reviews
3.7
1,850 Reviews
Rating Trends

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Approve of CEO
Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
1,208 Ratings

Review Highlights

Pros
  • The best thing about the firm is outstandingly smart people at the firm (in 185 reviews)

  • People are smart (no one can be lazy, people always challenge you, you learn a lot) but humble (in 46 reviews)


Cons
  • Work life balance is non existent if you want to proceed up the corporate ladder (in 323 reviews)

  • Expect to work long hours (even though management says office "face time" is not important (in 398 reviews)

More Highlights

153 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people 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 (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
  2.  

    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 (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
  3. 6 people found this helpful  

    Great opportunities, but be prepared to sacrifice your life.

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

    I worked at Goldman Sachs full-time (more than an year)

    Pros

    The company has a great reputation and gave me opportunities to meet people that I probably would not have otherwise. The training programs are pretty good as well.

    Cons

    I worked 80-90 hrs/week almost every week, which was okay because I loved what I did. But people at the top tended to not handle stress well and that trickled down. It seemed like respect only went one way, which I couldn't deal with. Additionally, a lot of people that work there think they are really smart or entitled, which is a joke. Lastly, there are tons of meetings that are really redundant but mandatory, which seemed like a waste of time given the amount of work that was usually yet to be done.

    Advice to ManagementAdvice

    "People are our greatest asset" shouldn't be your motto unless you are prepared to actually treat people with respect.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    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 (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
  6.  

    Learned a lot about the industry, but didn't gain a lot of real world experience.

    • 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 (more than an year)

    Pros

    Great pay and work life balance in Salt Lake City

    Cons

    Too much fluctuation in management.

    Advice to ManagementAdvice

    Retention is key!

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Great company to work for

    • 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 (less than an year)

    Pros

    The company values their employees very highly. The pay is OK, not incredible. The opportunity for advancement, along with the prestige of the company, are two of the biggest draws for GS.

    Cons

    The hours can get long. Sometimes it seems as if the firm favors hires that are from outside the company. It's very fast-paced, but that is also a good thing.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Good for people to start

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

    I have been working at Goldman Sachs full-time (more than an year)

    Pros

    Meet interesting and talented people

    Cons

    Stressful and lack of balance

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    Great place for an internship

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

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

    Pros

    Lots of one-on-one time with analysts and management
    They make you feel like your projects are important

    Cons

    It's hard to add too much value as an intern
    The attitude of some SLC GS employees is somewhat haughty.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Operations Summer Analyst

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

    I worked at Goldman Sachs part-time (less than an year)

    Pros

    Great development throughout the summer with a lot of hands on training from team.

    Cons

    Work days are 10 hours minimum, sitting at a desk all day. Can be exhausting and hard to balance with normal life.

    Advice to ManagementAdvice

    Try to lower the hours required to work

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Operation Analyst

    • 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 (less than an year)

    Pros

    Internal resource are amazing - you can learn so much from GS; people are responsible and teamwork-oriented.

    Cons

    Less diversity than big cities (e.g. New York, Chicago, and S.F.); Limited Career Development Path for operations.

    Advice to ManagementAdvice

    Internal Mobility should be opened up to all divisions. Jumping from back office (Operations etc.) to front office (I-Banking, Securities etc.) seems almost impossible. Channels should be open up to all talents.

    Recommends
    Positive Outlook
    Approves of CEO

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