Goldman Sachs Reviews | Glassdoor

Goldman Sachs Reviews

Updated September 22, 2017
3,852 reviews

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  1. Helpful (2)

    "Pick your division wisely"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    There are smart and driven people who inspire the same in others. It's an okay place to start out if you have little to no tech experience, but it'd be best to leave as soon as you can get another offer.

    Cons

    My division hires people at titles beneath their experience level which is problematic if you leave the firm for any reason.

    Also, gender discrimination is a very real and serious issue in my division. There are very few women in leadership and if you are a woman and you’ll get very little support and sponsorship that's needed for get ahead. You’ll be excluded from events that can help build relationships vital to your career. Women who speak up are retaliated against and gossiped about.

    HR is slow to react to complaints.

    My division hails itself as being forward thinking and competitive in FinTech, but the only attributes they’ve adopted from Silicon Valley are sexism, cronyism, and dysfunction.

    Not a good place if you're looking to work with modern and commonly used technology for your day to day tasks. It's difficult to do your job because the internet is so restricted.

    Advice to Management

    Take mentoring and career development seriously. Stop silencing your female staff. Take HR complaints seriously. It’s only a matter of time before people outside of the firm know what’s going on and no one needs that kind of PR.

    Look at merit, experience, and what the applicant brings to the table and focus less on appearances and age.

    Don't pretend to be a technology company if you can't even access the open web.


  2. "IBD Analyst"

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

    I worked at Goldman Sachs full-time

    Pros

    Learn a lot and quickly, great brand, decent pay, culture of excellence

    Cons

    Bonuses were terrible this year, culture of intensity and unsustainable, not much mentorship / very political

  3. "Great Place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Long hours and work with great people

    Cons

    long hours and sometimes low pay


  4. Helpful (1)

    "Excellent place to start a career"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    You're surrounded by really high achieving people in a professional environment. You'll work hard with the opportunity to learn with some incredibly smart people. The GS name provides an unbeatable resume boost, and the firm as a whole is very well managed from the very top (from the perspective of benefits, events, etc.).

    Cons

    All around great experience but not without some gripes (entirely preventable with better/more focused management at the group level). My group had some serious cultural issues that were largely ignored by the partners, who made no effort to invest behind the junior people. There could be a lot more emphasis on developing managerial skills among the mid-tier (associates/VPs). Some of the VPs who were retained/promoted were toxic to culture.

    Advice to Management

    Incentivize your mid-level folks to actually be good managers (rather than to look out for themselves/their track records). Force them to ingest a managerial handbook or something.


  5. "Long hours and very boring work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Control Analyst in Salt Lake City, UT
    Former Employee - Product Control Analyst in Salt Lake City, UT
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    People are nice and workplace is challenging you do real work as an intern and feel like part of the team

    Cons

    Boring work and most of the time you don't have enough work to do unless you hound your manager for stuff

    Advice to Management

    Pay more


  6. Helpful (5)

    "Great place to work"

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

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

    Pros

    At the core, GS is an excellent place to work. The employees are very smart and management is fully engaged. They live by the mantra that their success depends on their clients success, The information flow, from the highest level of the organization, is fabulous. The pay is very competitive.

    Cons

    The promise/opportunity of individual success is what drives most people at GS. The proverbial gold at the end of the rainbow is to become a Partner level managing director. And in order to get there, you have to make a lot of sacrifices, both personal and professional. Employees often stab each other in the back to get ahead. There is also an annual "culling" to keep people on their toes. Many good employees lose their career this way as they get blindsided. I was laid off not because I wasn't doing a god job or working hard, but because regulatory changes were squeezing profits out of my role.

    Advice to Management

    Eliminate the 360 reviews. Individuals boost their own performance and put down others in the hopes of getting bigger bonuses. First line managers should be able to recognize potential problems and fix them . Being invited to work at GS is an extraordinary accomplishment, management should do more to keep people in house.


  7. "Employees"

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits and opportunity for growth. Very professional atmosphere. Had bonuses when I was there. Enjoyed working with a variety of professionals at different levels.

    Cons

    comes with a sacrifice of personal life. Culture and diversity is great in Goldman, breaks and personal time, not so much!

    Advice to Management

    n/a

  8. "Solid job. Good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Associate in Salt Lake City, UT
    Current Employee - Tax Associate in Salt Lake City, UT
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great hours, it is nice not to be charging hours anymore. Plenty of different kinds of work from various industries

    Cons

    The compensation is good for high performers but not for medium performers. Fewer leadership opportunities exist in salt lake office.


  9. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Goldman Sachs full-time

    Pros

    Culture, high standard, efficiency, diversified

    Cons

    Too big to learn everything


  10. Helpful (1)

    "Service Specialist"

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

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

    Pros

    Excellent work culture, surrounded by very smart dedicated people. Great management and excellent benefits.

    Cons

    More often than not, it seems as if those who "get close" to management are the only ones who move up in the company.

    Advice to Management

    Look for talent in all places and don't hire those whom you like just because you like them. Give others an opportunity.


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