Goldman Sachs Reviews in London, England | Glassdoor

Goldman Sachs London Reviews

Updated December 9, 2017
32 reviews

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London, England (UK)

2.0
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32 Employee Reviews

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  1. "Not the place it used to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Goldman Sachs full-time (More than 5 years)

    Pros

    Fantastic for the cv
    Some really good smart people to work with
    Lots of opportunities to move internally and work in different locations

    Cons

    Work life balance is shocking - if you have kids, you'll only see them at the weekend
    Too many VPs not doing anything but politics
    No accountability to senior managers - treat staff like school pupils

    Advice to Management

    Greater accountability for poor senior staff
    Reward pay on performance rather than who's face fits
    Have modern day working methods for better work life balance


  2. "Equity Research"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equity Research Analyst in London, England (UK)
    Former Employee - Equity Research Analyst in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Good name to have on CV and very hardworking atmosphere which is very motivating

    Cons

    No sense of team or willingness to help other, very individualistic atmosphere. Real culture of facetime

    Advice to Management

    People skills training required here; ensure staff are motivated by things other than money

  3. "Good benefits but not competative compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Goldman Sachs full-time (More than 10 years)

    Pros

    The people are very normal, good gym and good sick pay. Good technical standards and strong ethics. London is very diverse in a very real and meaningful way

    Cons

    the pay is below market standard, no worklife balance, the benefits are good but day to day there is no money spent on employees such as tech, offices etc.

    Advice to Management

    Pay people properly and have a broader sense of what leadership means otherwise all the diversity efforts will not be beneficial


  4. "Technology Analyst Work Placement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology Analyst in London, England (UK)
    Former Employee - Technology Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Goldman Sachs (More than a year)

    Pros

    Looks great on your CV and opens a lot of doors.

    Good place to start the learning journey if you don't have a lot of background.

    Cons

    Generally, incredibly political and ruthless, but depends on the team. Watch out!!!

    Below market rate pay for graduate role, with twice as much work

    Advice to Management

    If you want to be a tech company you have to pay engineers the market rate, otherwise they will just go to alternatives


  5. Helpful (7)

    "Place for mediocre tech people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in London, England (UK)
    Former Employee - Senior Software Engineer in London, England (UK)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Decent salary, well educated and eloquent people. Great place to work in IT if you have minimal or no tech skill, but you like to talk a lot about things that should be done instead of doing them.

    Cons

    Proprietary technology - no reusable skills. Long hours on the phone (as a software engineer) instead of development/design. Most of people never worked anywhere else - this is not because they are so good, but rather they wouldn't get a job anywhere else. Perfect GS strategy to keep employees.

    Advice to Management

    Instead of hiring two mediocre people, find a single decent person.


  6. Helpful (3)

    "Business analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in London, England (UK)
    Current Employee - Business Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Pay (but you will definitely work for it!). You probably won't be bored and you will definitely be challenged. Very steep learning curve. Pushed to your limits, which might be painful but allows you to grow.

    Cons

    Your experience is highly dependent on your team/manager. There is a lot of room for mismanagement, which is why the turnover is very high. Some people expect a lot from you without putting any effort into teaching you. If it's not perfect then it's a disaster, which makes the learning process hard for people who don't have thick skin. It's not a fun/happy place to work, but there are a handful of decent people, you just need to make sure you end up working with them, otherwise you'll be planning your next job within a month of joining!

    Advice to Management

    Make sure that the people who are managing juniors have the skills to manage them. Berating someone is never a good way to teach, this is a basic skill that most managers should know, but don't. Encourage senior people to invest in the growth of their juniors, rather than letting them think that juniors are only as useful as the work they can produce at that very moment. Everyone is so concerned about finding a "good" junior, so much so that many people with great potential end up leaving because they've been neglected and mistreated because they haven't yet learnt a skill that they would have probably learnt easily if they had been managed correctly. Needless to say, a lot more work needs to be done if you want talent to stay long enough to eventually lead this company.


  7. "Float Assistant, Investment Banking."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Float Assistant in London, England (UK)
    Former Contractor - Float Assistant in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Goldman Sachs as a contractor

    Pros

    The gym is good
    There is an onsite dentist
    You don't have to be nice to people
    Very thorough / professional place of work
    Senior Management (Partners) were the nicest ... relatively ...
    Everybody / most people seem good and focused at their jobs.

    Cons

    Often heard people vomit / cry in the toilet
    One doesn't have friends there and friendship is discouraged
    If you feel like you are being watched it's because you are...
    Assistants seem to be paid alot less here as its "Goldman Sachs" and its a "privilege" to work there
    Worked with one guy for 6 weeks called me "Sophie" because he couldn't be bothered to learn my name ...
    Zero progression opportunities
    Constantly reminded of how you are disposable and of no value

    Advice to Management

    People are equal.
    Ruling through tyranny isn't always effective.

  8. Helpful (4)

    "Not the right fit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good name for the CV and decent starting salary....thats it for me

    Cons

    Poor work-life balance - the culture is to stay late for "face time", if one leaves on time everyday it does not mean you work efficiently but instead you don't haven't been given enough work, so trick is to stay late and miss deadlines.
    Poor management - managers are managers because they have been there long enough and not because they are ready or have the skills to be a manager. The few managers I have seen are either aggressive or distant in style, and so not very approachable.
    Others: lack of training, lots of politics, little flexibility, not a fun place to work at

    Advice to Management

    Treat the juniors (ie. associates and below) with respect, we are also human even though we are lower down the hierachy!


  9. Helpful (1)

    "Over worked"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst Developer in London, England (UK)
    Current Employee - Senior Analyst Developer in London, England (UK)
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Goldman Sachs full-time (More than 3 years)

    Pros

    Get to say you work for Goldman Sachs

    Cons

    Terrible salary per hour worked


  10. Helpful (4)

    "Politics, nepotism and volatility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in London, England (UK)
    Current Employee - Investment Banking Associate in London, England (UK)
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Great brand. Huge network. Decent location in London. Great source of research and information.

    Cons

    Nepotism (and consequently the effects of entitlement) run rampant. No guidance so it's definitely sink or swim. Must have network to survive from Day1 so strive to build one before joining, which is hard. Review system is flawed - you can pick who reviews you and if someone doesn't pick you back it's never questioned even if they end up giving you a bad review (pure trickery)

    Advice to Management

    Give new joiners more guidance, create less ambiguidity around reviews, push for more diversity.


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