Goldman Sachs Reviews in United States | Glassdoor

Goldman Sachs US Reviews

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98 Employee Reviews

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  1. Helpful (1)

    "Operations = Back Office"

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

    Pros

    Don't be fooled when they tell you operations is not a back office/call center. The pay is okay and the vacation is great. The only good thing I can really say is the vacation and health benefits.

    Cons

    highly stressful, LOW pay, bad managers that are old and don't really listen to what you have to say. Highly political and is almost a dead end job especially if you live in Salt Lake. If you average the amount of hours you work by your salary you are making about the same as someone in a department store. What can you expect they hire people with different "degrees" music majors, science, engineers....usually people with absolutely no finance background.

    Advice to Management

    The compensation needs to be fairly distributed across all divisions if you want to keep talent. at this rate you will drive the company to the ground


  2. "GS Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends

    Pros

    Good working environment. People are bright and laid back but hardworking. Is a driven culture and very competitive. Be prepared to learn.

    Cons

    Sometimes it is a little bit superficial. Make sure you are going into the industry for the right reasons because it is difficult on you.

    Advice to Management

    Provide more directive feedback upfront. Give more direct guidance at the inception of a project rather than once it has begun.

  3. Helpful (2)

    "Not a great place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    The salary was definitely good and in general they are really sophisticated in their approach to work and methodology.

    Cons

    everyday you pray to god that you are not the one who is getting fired. People are ultra competitive and managers only care about their own job security.

    Advice to Management

    you have to treat your employees with fairness and dignity.


  4. Helpful (10)

    "If you want to go to Goldman Sachs don't come to SLC because you might as well go to India"

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

    Pros

    The benefits are amazing. Great coverage and a good 401K match program. Working in SLC you might have an opportunity to have more of a work life balance but it depends on the team they assign you to.
    If you get on your managers good list you might get a good bonus which would bring you up to a normal salary.

    Cons

    SLC is an outsourced office like India is. In SLC you are a back office employee, please please don't think you are going to have an opportunity to get to the front office from SLC. People do it but it is truly 1 in 500.
    Compensation is very every low because you are doing work that college kids do. If you are an experienced hire don't think about SLC because they want cheap labor which means only college kids.
    Don't expect to be doing any real financial work as this is the operations division and you only work with systems and processes.
    Expect to have poor managers who don't know how to communicate like normal people. Because this is operations you don't have anybody here who is a outgoing and communicates well.
    Expect you manager to do nothing. Once you are at the company 5 years you might be considered a team leader and you then get to just surf the web.
    Don't be fooled by their claim that there is a lot of growth in SLC. There is but most of it is coming in the technology division. Even if there is growth in your team they will not hesitate to bring people from NY or LDN or HK to manage.
    Remember this job is more like a support job so be ready to be treated poorly by clients as well as other GS employees from bigger offices.
    Knowledge is non-existent here. Everybody tries to pass off questions to the next team because GS does not train you to know the whole picture just your one little function.

    Advice to Management

    Nothing this office is perfect for mindless college students who are looking for a big name on their resume. The work is pathetic so it might be hard for kids to come and stay for a year and tweek their resume to make it sound like it was important, but GS is doing exactly what they want.


  5. "Goldman Sachs is a fine place to work"

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

    Pros

    Best bulge bracket investment bank. Hire people with good pedigree from good schools. Nimble for a firm of that size.

    Cons

    Intelligence is not highly valued at the firm. Neither is innovative thinking. People are hard working and of moderate intelligence but nothing like what you see at top hedge funds and proprietary trading firms.

    Advice to Management

    It is not the place that makes the person but people that move institutions forward. Goldman Sachs has become a cult about itself.


  6. Helpful (1)

    "Ok place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Salt Lake City, UT
    Current Employee - Analyst in Salt Lake City, UT
    No opinion of CEO

    Pros

    great benefits and vacation, utah is a good place for families. the culture strongly influences this office in a good way.

    Cons

    pay isn't up to par. most jobs can be done by college grads and the management doesn't add much value.

    Advice to Management

    pay us too!!!! to keep talent, we need to get paid more. also, too many politics in the promotion process.


  7. "OK place for technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Analyst in New York, NY
    Current Employee - Technical Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    Work with very intelligent people on high impact projects. Very results oriented atmosphere. Fast paced and interesting work. Good benefits.

    Cons

    As technologist, tend to feel like second class citizen. Viewed as cost rather than adding value, often contributions aren't recognized. Work very hard.

    Advice to Management

    Recognize the impact that technology has on the organization and work towards recognizing value rather than disregarding. More mentorship opportunity.

  8. "Boring Job, lots of tedious tasks"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in Jersey City, NJ
    Former Employee - Operations Analyst in Jersey City, NJ
    Recommends
    Approves of CEO

    Pros

    compensation is good. Prestige comes with the job.

    Cons

    Long hours compared to other companies.

    Advice to Management

    Be more laid back
    Relate more to support people


  9. Helpful (1)

    "Best workplace in NYC"

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

    Pros

    The best thing about GS is that you work surrounded by bright people but unlike in top university where people only care about themselves, you work as a team in GS

    Cons

    You need to be good in reading office politics. It's very meritocratic but you need somebody to watch over you from the corner

    Advice to Management

    people management can be improved so everyone is assigned to the best place where she can perform; this requires more transparency


  10. Helpful (1)

    "GS - no BS"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Chicago, IL
    Current Employee - Vice President in Chicago, IL
    Recommends
    Approves of CEO

    Pros

    great exposure to deals, good people, most people are trying to do the right things, good senior leadership, good business structure

    Cons

    the hours and demands are as tough as advertised. there is upside in pay structure when things go well, but also real downside when they don't

    Advice to Management

    none


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