Goldman Sachs Reviews in New York, NY | Glassdoor

Goldman Sachs New York Reviews

Updated December 6, 2017
1,014 reviews

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New York, NY

3.8
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1,014 Employee Reviews

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  1. Helpful (1)

    "Excellent Career Opportunity"

    StarStarStarStarStar
    • 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 team culture. Personal growth. Financial knowledge and experience.

    Cons

    Long hours. Outdated systems creating unnecessary manual work.

    Advice to Management

    Competitive pay


  2. "Great place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - IBD Associate in New York, NY
    Former Employee - IBD Associate in New York, NY

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

    Pros

    Overall great platform
    High level of interaction with clients

    Cons

    Long work hours
    High turnover

  3. "Great place to learn and grow your career"

    StarStarStarStarStar
    • 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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    No shortage of amazing projects

    Cons

    Too many managerial changes looses sight of continuity of deliverables


  4. "Great company to work for"

    StarStarStarStarStar
    • 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
    Positive Outlook
    Approves of CEO

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

    Pros

    Surrounded by very bright folks

    Cons

    Extremely competitive environment. Work environment is very modest.


  5. "Good not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in New York, NY
    Former Employee - Financial Analyst in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Very smart people and very rewarding

    Cons

    Too stressful at times. It is not for everyone


  6. "Good place to work if you want to learn regardless of the pay/v long hrs"

    StarStarStarStarStar
    • 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

    Smart and hard working people you work with in general compared to what you will find elsewhere

    Good starting salary if you are being hired as a lateral hire but after that its mostly downhill

    Cons

    Salaries can really go down if you do not perform at a top level. Meeting expectations of your job responsibilities means that you are at the very bottom and need to improve a lot as going beyond your basic role is expected.

    If you work in the controllers group then forget about taking off for any month end dates and quarter end dates which usually takes away July 4th and New Years.

    Advice to Management

    Be more fair when it comes to compensating your lower level employees


  7. Helpful (1)

    "Decent Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Manager in New York, NY
    Former Employee - Human Resources Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Compensation is decent for new york area

    Cons

    Culture can be toxic as the primary focus here is alpha centered

    Advice to Management

    Spend more time developing your people.

  8. Helpful (1)

    "Over view"

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

    I have been working at Goldman Sachs full-time (More than 8 years)

    Pros

    Smart colleagues, and the brand.

    Cons

    Lack of true appreciation for employees, constant cost cutting and benefit reducing, expansive healthcare, expensive cafeteria, lack of clarity in promotions to MD, lack of respect for below MD titles, not a flat organization I. Practice. Limited number of vacation carryovers and won’t pay for carryover days if/when you leave. Promotion to MD is every other year, more than half of employees are VPs.

    Advice to Management

    Focus on employees as your true assets, see how you can create a more productive and caring environment, improve benefits from food or healthcare to vacations, improve promotion criteria,


  9. "Goldman sachs strats"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Strategist in New York, NY
    Former Intern - Strategist in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    good pay as a bb

    Cons

    don't like their culture indded


  10. "Great first job"

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

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

    Pros

    Despite some of the bad reviews, the firm is actually very good place to start. You build valuable contacts and learn important processes. But its not the 90's anymore.

    Cons

    Very conservative place, by its nature I suppose. Its hard to suggest new things or change processes. The organization is hulking now, so there's a lot of bureaucratic sluggishness.

    Advice to Management

    Refine the strategy, possibly spin out investment mgnt division, and do more to retain young people fleeing to tech.


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