Goldman Sachs Reviews | Glassdoor

Goldman Sachs Reviews

Updated December 11, 2017
4,070 reviews

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  1. "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.


  2. Helpful (1)

    "Rigid, stuffy, and over-managed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Goldman Sachs (Less than a year)

    Pros

    It's a system that works, for the bankers and the IB professionals. Many good perks for people in the NY office. Competitive pay.

    Cons

    Unless you are an actual banker, you have no support from the company. The red tape will choke you to death.

    Advice to Management

    There is more than one way to do most things.

  3. Helpful (1)

    "Investment Banking Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in San Francisco, CA
    Former Employee - Investment Banking Analyst in San Francisco, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    -People. Incredibly smart and hard-working people. Bankers in the SF group were generally pretty humble (for finance)
    -Good deal flow. Being in the SF IBD office, you get to work on some of the world's most high-profile transactions
    -Culture. The GS culture is about working smart, working hard, being positive and professional. I never saw anyone really get yelled at.

    Cons

    -Hours. I heard it's gotten better now, but if you sign-up to be an i-banking analyst, you will be working extremely long hours (unpredictable hours, work during weekends and holidays, hard to plan dinners and trips with friends). E.g. I was happy if I got home at midnight and could do my laundry.


  4. "Large company, small minded with specific division."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Good Pay. Security. Great Benefits

    Cons

    There's many branches within Goldman. So I can not speak to them all as the company is massive. However for the division I work in I see a few issues. One being that management talks behind the backs of the employees. Also that if someone is not doing well in the division, it's openly known on the floor. I've had one co-worker who had really no business knowing another co-workers standing talking to me about "His numbers" and how poorly he does, and basically what a looser he is. If this was one isolated incidents it would be one thing, but it just isn't. I've had this come up in meetings with my manager where he discussed the standing of someone and though didn't give an name, gave descriptors that made if fairly clear who he was talking about. I've also noticed that thought they do attempt to coach and help these people, they also treat them like they are total morons, talking just a bit more slowly, or explaining things just a bit more than necessary. This sometimes coming from manager who have only had this and one other job in the two or three years they've actually been old enough to work.... Manager I'm thinking of is 22. It's only his second job. No education past High School talking to an older man with a bachelors and 40 years work experience under his belt. Speaking of age, I have also noticed within our division, no one over a certain age gets promoted. There is a huge age gap in regards to who's moving up and who's not. This I find highly disturbing in that it appears to be clear age discrimination. Though the job is secure, they will not fire anyone for the most part. In all likelihood to avoid unemployment penalties. However they will keep people around bumping down their pay and putting them through Hell trying to push them out. On the surface it's a friendly upbeat environment. Under the surface though it's very very dysfunctional edging on abusive. One last thing to note..... the company is VERY conscious of it's image. They are big on "Reputational Risk." In working here you are told you are forbidden to act in any way politically, like any protests, volunteering with certain groups, etc. So be sure you are willing to trade your civil and constitutional rights fr a pay check. It's to the point that one person who wanted to volunteer with the opera of all things was told she had to get permission from a review board before she could even look at it. Beyond mind boggling.


  5. "Not bad- good perks, long hours, good exit opportunities"

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

    I worked at Goldman Sachs full-time

    Pros

    Good perks - meals, travel, etc.

    Cons

    Long hours - weekends / late nights common


  6. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Goldman Sachs full-time

    Pros

    Great People, opportunities for career progression

    Cons

    Heavy bureaucracy , long hours, work/life balance is an issue


  7. "Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Recruiter in Salt Lake City, UT
    Current Employee - Senior Recruiter in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Career growth. Professional environment providing a great foundation to success. Training & Mentoring.

    Cons

    Perception of having to be on the desk or you're not productive.

    Advice to Management

    If you want to cater to millennials, tweak your benefits to reflect that.

  8. "Employee Relations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs full-time

    Pros

    Smart and talented team members

    Cons

    Long hours; career progression is limited


  9. "Quantitative Analyst"

    StarStarStarStarStar
    Former Employee - Quantitative Researcher in New York, NY
    Former Employee - Quantitative Researcher in New York, NY

    I worked at Goldman Sachs (More than a year)

    Pros

    Great, smart people. Awesome gym and building. Good benefits

    Cons

    Lots of politics, can get lost in the crowd.


  10. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Goldman Sachs full-time

    Pros

    Good entry program post college - focused on the analyst experience and growing the talent in the firm. Helpful resources/training to get you up to speed.

    Cons

    Formal culture, old school, bit of a boys club


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