Goldman Sachs Reviews in New York, NY | Glassdoor

Goldman Sachs New York Reviews

Updated April 12, 2017
921 reviews

Filter

Filter

New York, NY

3.8
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO

921 Employee Reviews

Sort: Popular Rating Date

Pros
  • Competitive atmosphere, very smart people (in 404 reviews)

  • many people you can learn a lot from (in 89 reviews)

Cons
  • Difficult to navigate work-life balance as an entry-level employee (in 695 reviews)

  • Long hours that make difficult to find work/life balance (in 802 reviews)

More Pros and Cons

  1. Helpful (1)

    "Brings out the corporate Ninja in you"

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

    I have been working at Goldman Sachs full-time (More than 5 years)

    Pros

    Challenging work that forces you to grow professionally. You get sizable responsibilities early on in your career. Company is best in class in an admittedly challenged sector.

    Cons

    Hours can be long and this can sometimes mean having to walk a tight rope between personal and work life.

    Advice to Management

    Give a bit more thought to junior retention. It's (literally) the future of the firm.


  2. "competitive"

    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 8 years)

    Pros

    industry leading business practices and learning environment

    Cons

    work life balance , highly competitive

    Advice to Management

    all employees are not ambitious.


  3. "VP"

    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 10 years)

    Pros

    Good / Smart people to work with

    Cons

    nothing bad to work there


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Top large bank, good exposure to talent and development opportunities"

    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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Surrounded by some of the most talented people in the industry. There are opportunities for development and mobility. Good earning potential

    Cons

    Typical bureaucracy of a large organization

    Advice to Management

    Connect with and motivate junior employees to retain them


  6. Helpful (1)

    "Investment Management Analyst"

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

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

    Pros

    Challenging work, real responsibility, bright & driven colleagues, many opportunities for growth and development

    Cons

    Difficult to navigate work-life balance as an entry-level employee


  7. Helpful (1)

    "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.


  8. "Unsustainable work-life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Associate in New York, NY
    Former Employee - Investment Banking Associate in New York, NY
    Doesn't Recommend
    Approves of CEO

    I worked at Goldman Sachs full-time

    Pros

    Smart people
    Good exposure - get to work with a lot of different groups in the bank
    Potential for client interaction with relatively senior people
    Fast paced and challenging if you are on the right teams
    Great mentorship from experienced people if you are lucky
    Can learn a lot
    Relatively good culture compared to other bulge bracket investment banks, based on my conversations with friends
    After you leave most other jobs will seem relaxed

    Cons

    Long hours (some of it unavoidable, a lot of it exacerbated by bad senior people)
    Many senior people are terrible at managing e.g. bad tempers, demanding, feel like they have no respect for your time
    A LOT of time spent on things like formatting/reformatting that will really make you feel like you're a ppt monkey
    Lifestyle is bad for your physical and mental health - in the end I don't think the pay is worth it


  9. "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.


  10. "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


  11. "Agility and collaborative environment is a work in progress"

    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
    Negative Outlook
    No opinion of CEO

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

    Pros

    Top notch medical benefits. The teams are hard working and professional. Good place for people starting out their career.

    Cons

    The organization is still working on understanding know how to work in a collaborative agile environment. The current management team doesn't believe in the Agile framework and make it difficult to transition to an Agile and collaborative environment.

    ScrumMasters have difficult constraints engaging unsupportive management, limited career options and have unfair and unclear expectations.

    The groups also don't have a strong ScrumMaster team structure which have resulted in ScrumMasters reporting to Dev Managers and Product owners which is not the best situation for ScrumMasters.

    Advice to Management

    Management needs to support an organizational structure that promotes agility. Expectations and roles for ScrumMasters should be defined and clear. If these are not addressed, the organization will continue to limited.

    A strong Agile and ScrumMaster team structure needs to be established to allow ScrumMasters to grow and stay longer term and helping the organization improve software delivery.



Showing 921 of 4,034 reviews
Reset Filters