Goldman Sachs Reviews in Salt Lake City, UT | Glassdoor

Goldman Sachs Salt Lake City Reviews

Updated April 18, 2017
309 reviews

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Salt Lake City, UT Area

309 Employee Reviews

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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. "Credit Risk Intern Review"

    Star Star Star Star Star
    Former Intern - Credit Risk Summer Analyst in Salt Lake City, UT
    Former Intern - Credit Risk Summer Analyst in Salt Lake City, UT

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

    Pros

    - Easily network with people in the firm
    - Learn on a daily basis
    - Work with smart people
    - Resume builder

    Cons

    - Back office, not too well respected within the firm in comparison to the revenue producing divisions
    - Work is extremely tedious, sit down behind a dual screen for 12 hours a day doing the same thing
    - Extreme office politics, lack of transparency from higher ups


  2. "Great Internship in Operations Division"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Salt Lake City, UT
    Former Employee - Anonymous Employee in Salt Lake City, UT
    Approves of CEO

    Pros

    Lots of Responsibility
    Little Finance background needed (the teach you on site)

    Cons

    Lots of work hours
    pressure to get next big promotion


  3. "For the Aggressive and Ambitious"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Analyst in Salt Lake City, UT
    Current Intern - Summer Analyst in Salt Lake City, UT
    Recommends
    Positive Outlook

    I have been working at Goldman Sachs as an intern (Less than a year)

    Pros

    Very Ambitious and invests a lot in its people. Everyone there is ready to help you succeed.

    Cons

    Very considered with mitigating risk at the firm, makes it a hassle to fight your way through red tape to get things done.


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  5. "Awesome"

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

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

    Pros

    Growth and challenges. If you want to forge your skills in the fire this is the place for you.

    Cons

    None. Work hard and thingsee work out well.

    Advice to Management

    Have less red tape to make decisions.


  6. Helpful (1)

    "Operations VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Operations in Salt Lake City, UT
    Current Employee - Vice President Operations in Salt Lake City, UT
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Goldman Sachs full-time (More than 10 years)

    Pros

    I love the fact that GS drives people to stretch in ways they never knew was possible. I never thought i would continue working for a large employer after college, as I wanted to pursue my own thing; however I've learned more here than I ever could have imagined 10 years ago.

    Cons

    Things have changed in the industry. Forces on the industry have made management minimize expertise and commoditize the value the experience and knowledge folks in the division have. There is an increase of squeezing this division to cut costs, despite increasing regulation and the need to facilitate new business to keep up with decreasing ROI and shrinking margins.

    Advice to Management

    Appreciate the experience and knowledge of Operations Professionals and do not discount the risk management skills these folks have. Although small tasks should be automated, there is a LOT of institutional knowledge that is being forced out by current efforts.


  7. "Operations Contract Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Contractor - Operations Analyst in Salt Lake City, UT
    Current Contractor - Operations Analyst in Salt Lake City, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Goldman Sachs as a contractor (Less than a year)

    Pros

    The team I work on is great and they are very helpful when it comes to helping me understand concepts.

    Cons

    Being only a contingent worker, I get few sick days and I do not get any benefits. They should do something to make this job more attractive. Expect 45+ hour weeks

    Advice to Management

    Make it better for contingents, work with the recruiting agencies to get better benefits for us.


  8. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead Associate in Salt Lake City, UT
    Former Employee - Lead Associate in Salt Lake City, UT
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Goldman Sachs (More than a year)

    Pros

    Pay is ok, overall if you don't mind lots of hours.

    Cons

    Work life balance is not very good.


  9. "Good experience for recent grads, even though the role might not be a good fit"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Salt Lake City, UT
    Current Employee - Analyst in Salt Lake City, UT

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

    Pros

    The experience and training you get as a new hire here is unparalleled. Strong commitment to continual skills development. Great access to industry-leading professionals. Also the GS name on the resume never hurts.

    Cons

    There's very little flexibility once you've joined the firm. Hard to switch or move around if you feel that your role and/or location isn't a good fit for you. Might not be an experience exclusive to GS but many other banks will make an effort to switch analysts between roles if it doesn't appear to be a good fit.

    Advice to Management

    Give analysts the ability to move around between division/location if they don't feel that the group that they've been placed in is the best fit. For various reasons, there are probably some mismatches between graduates and the roles they've been placed in. There's no point in keeping an analyst in a role if they could be useful to the firm in another capacity just to have them stay in the role for a year or so just to gain experience and wait.


  10. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Salt Lake City, UT
    Former Employee - Vice President in Salt Lake City, UT
    Recommends
    Neutral Outlook

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

    Pros

    Great salary, benefits, and career opportunities.

    Cons

    Work life balance is difficult there.


  11. "GS"

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

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

    Pros

    Compensation, colleagues, facilities, meetings, travel

    Cons

    Competition, hours, flexibility, career progression, regional compensation


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