Compare Goldman Sachs vs Bank of America BETA

See how working at Goldman Sachs vs. Bank of America compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at Goldman Sachs vs. Bank of America. Learn more about each company and apply to jobs near you.
Goldman Sachs company icon

Goldman Sachs

Bank of America company icon

Bank of America

Employee Ratings

  • Goldman Sachs scored higher in 1 area: Career Opportunities.
  • Bank of America scored higher in 6 areas: Compensation & Benefits, Work-life balance, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
  • Both tied in 2 areas: Overall Rating and Senior Management.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
4.0
(based on 10031 reviews)
Overall Rating
(full-time and part-time employees only)
4.0
(based on 28541 reviews)
Career Opportunities
Career Opportunities
4.1
Career Opportunities
3.9
Compensation & Benefits
Compensation & Benefits
3.8
Compensation & Benefits
4.0
Work-life balance
Work-life balance
2.9
Work-life balance
3.7
Bank of America employees rated their Work-life balance 0.8 higher than Goldman Sachs employees rated theirs.
Senior Management
Senior Management
3.6
Senior Management
3.6
Culture & Values
Culture & Values
3.8
Culture & Values
4.0
CEO Approval
CEO Approval
Goldman Sachs Ceo David M. Solomon
83%
83%David M. Solomon
CEO Approval
Bank of America Ceo Brian T. Moynihan
90%
90%Brian T. Moynihan
Bank of America employees rated their CEO Approval 7% higher than Goldman Sachs employees rated theirs.
% Recommend to a friend
% Recommend to a friend
74%
% Recommend to a friend
79%
Bank of America employees rated their % Recommend to a friend 5% higher than Goldman Sachs employees rated theirs.
Positive Business Outlook
Positive Business Outlook
72%
Positive Business Outlook
74%

Salaries

Of the top 3 common jobs between the two companies, Bank of America salaries averaged $14,685 higher than Goldman Sachs.
Salaries for similar jobs
Salaries for similar jobs
Analyst2555 Salaries
$75,509/yr
Vice President1632 Salaries
$159,385/yr
Associate1627 Salaries
$100,408/yr
Salaries for similar jobs
Analyst532 Salaries
$90,794/yr
Vice President943 Salaries
$135,506/yr
Associate431 Salaries
$153,058/yr

What Employees Say

  • "Smart people" was the most mentioned Pro at Goldman Sachs.
  • "Great benefits" was the most mentioned Pro at Bank of America.
  • "Working hours" was the most mentioned Con at Goldman Sachs.
  • "Work life balance" was the most mentioned Con at Bank of America.
Pros
Pros
"Smart people"(in 719 reviews)
"Work environment"(in 319 reviews)
Pros
"Great benefits"(in 2651 reviews)
"Good benefits"(in 1642 reviews)
Cons
Cons
"Working hours"(in 592 reviews)
"Long hours"(in 358 reviews)
Cons
"Work life balance"(in 652 reviews)
"Upper management"(in 508 reviews)
Featured Review

Former Employee - Investment Banking Associate

I worked at Goldman Sachs full-time for more than 5 years

Pros

I learnt from amazing people who have also gone on to do amazing things across my industry (tech) I went from reading the news to making the (financial) news, and understanding what really goes on... behind the scenes Learnt how to work incredibly hard and balance expectations

Cons

Compensation was correlated with performance, but the broader PR or other issues of the bank often reduced the whole department's comp vs expectations.

"working at bofa"Oct 28, 2021

Current Employee - Customer Service Representative (CSR)

I have been working at Bank of America full-time for more than 3 years

Pros

good benefits. nice increasing pay

Cons

Holiday schedule can be stifling

Job Postings

Bank of America has 3,977 more recently posted open jobs than Goldman Sachs.