Posts Tagged ‘Goldman Sachs’

More Than Half Of Finance Companies Doing OK Or Better According To Employees

The financial services industry took quite a hit during the recession, with extensive layoffs and scandals marring many a company’s reputation. Employees at many of these institutions have had a difficult time trying to ride the recession’s tide and are continuing to struggle to regain the prestige many held before the fall of 2008.

As the industry fights against a badly damaged public perception, Glassdoor’s Financial Services Report card charts how companies and their CEOs in this category have fared over the past two years according to employees.

Our data analysts dug into employee sentiment to look at how top name accounting firms, asset management companies, banks, brokerages, credit card companies, mutual fund managers, as well as transaction, credit and collections companies compared.

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Financial Services Industry Report Card; Susquehanna International Group and Goldman Sachs Among Highest Rated

In an industry closely affected by the markets ups and downs, it looks like good news may be on the horizon as many financial service companies have the green light to start adding to their employee rosters. According to 109 investment banking, private equity, venture capital, asset management and other financial firms that took part in the 2010 Summer Finance Employee Outlook Survey conducted by the AnEx Advantage Training and Associate Program, 74% asserted that hiring in the finance sector would improve within the next 12 months.

In the latest Glassdoor industry report card*, our data analysts dug into employee sentiment at more than 100 companies in the financial services industry, including top name accounting firms, asset management companies, banks, brokerages, credit card companies, mutual fund managers, as well as transaction, credit and collections companies. To be included in the evaluation, companies had to have at least 20 reviews submitted by employees on Glassdoor.com.

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Goldman Sachs: An Insider Perspective

Goldman Sachs has been in the spotlight as of late, namely due to excessive financial compensation for some of the company’s top brass. Case in point, protesters recently gathered outside the Chicago office to ask the company to donate its entire projected $23 billion bonus pool to prevent every foreclosure in America.

We dug into the company reviews to see how employees are faring, and how they perceive the company. We thought that if anyone was to be offended by the large sums of money given to top executives at the company it would be the employees. We assumed wrong.

In a breakdown of Goldman Sachs’ company rating*, employees report highly of compensation and benefits at the company giving it a 3.9 (satisfied) rating, and also report high marks for the senior leadership. In fact, Goldman Sachs CEO Lloyd C. Blankfein has one of the highest approval ratings among CEOs listed on Glassdoor with an 86% approval rating and 3% disapproval, while the company achieves a 3.8 (satisfied) overall rating. 

Goldman Sachs Reviews – Glassdoor Review

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