Goldman Sachs Reviews in New York City, NY | Glassdoor

Goldman Sachs New York City Reviews

Updated March 27, 2017
1,130 reviews

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New York City, NY Area

3.9
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1,130 Employee Reviews

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Pros
  • Lots of smart people, good preparation for any next job (in 394 reviews)

  • You get to learn a lot about financial markets (in 86 reviews)

Cons
  • Long hours that make difficult to find work/life balance (in 680 reviews)

  • Long hours, uncertainties about work schedule (in 786 reviews)

More Pros and Cons

  1. "Long term career"

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

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

    Pros

    People are great to work with
    Benefits are excellent, especially healthcare and assistance with financial planning.
    Challenging environment with room to grow

    Cons

    Extended hours can be tough especially if you commute and have kids
    Up or out ethos can be needlessly stressful.
    As elsewhere, manager performance is inconsistent

    Advice to Management

    See above. These items come up a lot in the people surveys but year on year there is not much improvement on the cons.


  2. "Fulfilling, but exhausting"

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

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

    Pros

    You're surrounded by some of the brightest minds, where your manager gives you a great deal of responsibility. It is very regular at Goldman Sachs to have an analyst present to a very senior manager. Despite the shade that is sometimes

    Cons

    Given so much responsibility, the analyst is expected to work extremely hard to live up to her manager's lofty expectations. This will needlessly result in working long hours. If you aren't okay with working long long hours, then this isn't the job for you.


  3. "Excellent workplace"

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

    I worked at Goldman Sachs full-time

    Pros

    Smart colleagues, collegiate environment, women in top management positions

    Cons

    no work/life balance, relentless workload


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  5. "Vice President"

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

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

    Pros

    Great people. Challenging work. strong relationships made

    Cons

    no consistent strategy, inefficient spend, cost cutting out of line with strategy


  6. "Great company, strong culture, pay is comparatively lower than its competitors"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President - Technology in New York, NY
    Former Employee - Vice President - Technology in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    We can work with lots of people with strong technical and personal skills. The firm pays great attention in helping their employees to develop their career. Everyone pays attention in building professional relationships with their peers, managers, and subordinates. Nice office and nice gym.

    Cons

    During my years in GS there were ups and downs in total compensation because of the change in the investment banking market.


  7. "Good company but too many greedy highly overpaid partners."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Goldman Sachs full-time (More than 10 years)

    Pros

    Good benefits. Some very smart folks.

    Cons

    Long hours. The pay is good but if if take into consideration the amount of hours you put in (Typical 60-70) its not necessarily all that good. The partners love to take millions in dollars instead of distributing it the folks that truly make this company tick.

    Advice to Management

    1). Cap the MD and Partner salaries to 300K. 2). Stop distributing millions of dollars to the MD's & Partners. 3). Allocate those millions to the people that do the real work.


  8. "Paralegal"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends

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

    Pros

    Great experience, good learning experience.

    Cons

    Long hours, not a good quality of life


  9. "VP, Compliance"

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

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

    Pros

    Sounds like Kool-Aid, but you really do work with the best

    Cons

    Hours, Work Life Balance, Compensation


  10. "Solid work environment"

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

    I worked at Goldman Sachs full-time (More than 8 years)

    Pros

    Mentoring, compensation, meritocracy, diversity, career advancement

    Cons

    Long hours, travel requirements, work life balance


  11. "Great for College Sophomores/Juniors"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Intern - Executive Office Intern in New York, NY
    Former Intern - Executive Office Intern in New York, NY

    I worked at Goldman Sachs as an intern (Less than a year)

    Pros

    Excellent internship program with built-in mentorship, development programs, and networking. Take advantage of this structure, as many other companies don't put nearly as much effort into training potential recruits. My coworkers were smart, efficient, and good at their jobs. There are plenty of opportunities to take on sizable projects and make the most out of your ten weeks.

    Cons

    As is to be expected at any investment bank, the culture is incredibly fast-paced and sometimes corporate to the point of being sterile or stifling.



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