Goldman Sachs - No Work-Life Balance | Glassdoor
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Helpful (5)

"No Work-Life Balance"

Star Star Star Star Star
  • 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
Doesn't Recommend
Negative Outlook
Approves of CEO

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

Pros

The people you work with will be very intelligent and motivated.
Everyone is comfortable with technology and innovation is rewarded.
Great benefits.

Cons

You will start out working 50 hours per week and it will only go up. The compensation is not enough to make up for the fact that you can't do anything but work.
Turnover is outrageous - I quit after 13 months and I was the most senior member of my team by that point.
Office politics can be crazy! There is very much a "face time" culture where people feel obligated to spend 11-14 hours per day at the office.

Other Employee Reviews for Goldman Sachs

  1. Helpful (1)

    "Generally a great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits
    Great culture
    amazing people to work with

    Cons

    Very bad work life balance, expect to work long hours, weekends and holidays. Generally difficult to take time off and you are often tied to your phone when you are out of office responding to emails.


  2. Helpful (4)

    "The Salt Lake office will always be a second-tier location"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Salt Lake City, UT
    Former Employee - Vice President in Salt Lake City, UT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Goldman Sachs full-time (More than 3 years)

    Pros

    Goldman Sachs brought a lot of new developer job openings to Utah, and those positions do not require deep technical knowledge. People who transfer to Salt Lake from New York are likely to be exposed to good career opportunities.

    Cons

    For people who are comfortable with computer science, Goldman Sachs doesn't have any advanced technical positions. The 80-100 hour weeks that I gave and the great performance reviews did not help me get closer to a promotion. The problem is that nothing produced in Salt Lake City generates any revenue, so it's the last place that rewards would be given. The company aims to hire more expendable entry-level developers, and neglects its experienced workers, because that is the most certain way to keep costs low.

    Advice to Management

    Until at least one experienced hire in Salt Lake manages to improve their career at Goldman Sachs, it will be hard for applicants to take the Salt Lake office seriously.


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

See Most Recent

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