Goldman Sachs - Great place to work | Glassdoor
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There are newer employer reviews for Goldman Sachs

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Helpful (2)

"Great place to work"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Salt Lake City, UT
Current Employee - Vice President in Salt Lake City, UT
Recommends
Approves of CEO

Pros

Great oppotunities to grow your career and to relocate to other offices if you perform well and desire that type of experience

Cons

Long hours, pay in satalite offices such as Salt Lake and Bangalore are not great compared to other offices, but there are oportunities to move to higher cost locations if you perform well.

Other Employee Reviews for Goldman Sachs

  1. Helpful (1)

    "Great learning experience if you work hard"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    - Great learning opportunity (amazing training program)
    - Surrounded by smart, motivated peers
    - Opens doors for career advancement both within and outside the organization

    Cons

    - Hours are long, but you know that going into it
    - Hard to balance work and life at first, but gets better as your progress

    Advice to Management

    Less hierarchy and more productivity. Give analysts the same opportunities to attend meetings as the rest of the team. It helps them grow and learn the ropes.


  2. Helpful (5)

    "Experience is invaluable, pay is good, but work/life balance is a fiction and the 360 reviews are a sham"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    You will have wonderfully talented colleagues and the opportunity to learn from internal as well as external thought leaders -- it's a great place for someone who is motivated by learning. Expectations are high, and you will be challenged over and over to learn, teach and lead. Teamwork is generally the norm, and everyone is expected to adhere to a pretty tough suite of policies and procedures, regardless of your practice area. Starting salaries are high, and the benefits are very good -- if you make it a point to save and invest, you would be hard pressed not to accumulate wealth, even at an early stage of your career.

    Cons

    Goldman Sach's drive for excellence is legendary and while there is a great deal of commentary on achieving work/life balance, the scales always tip in favor of doing a great job. While part-time and flexible work arrangements can be negotiated, it's almost never a good deal because while you give up a fixed percentage of salary and benefits, the work almost never is decreased in equal measure.

    More distressing is the 360 review process, which gives the appearance of fairness, but in reality leaves a great deal of latitude in the hands of managers, who have budgets to meet, and who therefore tend to "manage to the middle". The evaluation process is politically motivated and treacherous, while under a veneer of "meritocracy" Thus, the performance of more experienced, higher paid employees is downgraded to put more in the pot for favorites who may not perform any better, and who may not coincidentally be white, male and younger employees.

There are newer employer reviews for Goldman Sachs
There are newer employer reviews for Goldman Sachs

See Most Recent

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