Goldman Sachs Reviews in United Kingdom | Glassdoor

Goldman Sachs UK Reviews

Updated August 29, 2016
31 reviews

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United Kingdom

2.0
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31 Employee Reviews

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Pros
  • Lots of smart people, good preparation for any next job (in 385 reviews)

  • You get to learn a lot about financial markets (in 86 reviews)

Cons
  • Long hours that make difficult to find work/life balance (in 663 reviews)

  • Long hours, uncertainties about work schedule (in 770 reviews)

More Pros and Cons

  1. Helpful (2)

    "Business analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in London, England (UK)
    Current Employee - Business Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Pay (but you will definitely work for it!). You probably won't be bored and you will definitely be challenged. Very steep learning curve. Pushed to your limits, which might be painful but allows you to grow.

    Cons

    Your experience is highly dependent on your team/manager. There is a lot of room for mismanagement, which is why the turnover is very high. Some people expect a lot from you without putting any effort into teaching you. If it's not perfect then it's a disaster, which makes the learning process hard for people who don't have thick skin. It's not a fun/happy place to work, but there are a handful of decent people, you just need to make sure you end up working with them, otherwise you'll be planning your next job within a month of joining!

    Advice to Management

    Make sure that the people who are managing juniors have the skills to manage them. Berating someone is never a good way to teach, this is a basic skill that most managers should know, but don't. Encourage senior people to invest in the growth of their juniors, rather than letting them think that juniors are only as useful as the work they can produce at that very moment. Everyone is so concerned about finding a "good" junior, so much so that many people with great potential end up leaving because they've been neglected and mistreated because they haven't yet learnt a skill that they would have probably learnt easily if they had been managed correctly. Needless to say, a lot more work needs to be done if you want talent to stay long enough to eventually lead this company.


  2. "Float Assistant, Investment Banking."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Float Assistant in London, England (UK)
    Former Contractor - Float Assistant in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Goldman Sachs as a contractor

    Pros

    The gym is good
    There is an onsite dentist
    You don't have to be nice to people
    Very thorough / professional place of work
    Senior Management (Partners) were the nicest ... relatively ...
    Everybody / most people seem good and focused at their jobs.

    Cons

    Often heard people vomit / cry in the toilet
    One doesn't have friends there and friendship is discouraged
    If you feel like you are being watched it's because you are...
    Assistants seem to be paid alot less here as its "Goldman Sachs" and its a "privilege" to work there
    Worked with one guy for 6 weeks called me "Sophie" because he couldn't be bothered to learn my name ...
    Zero progression opportunities
    Constantly reminded of how you are disposable and of no value

    Advice to Management

    People are equal.
    Ruling through tyranny isn't always effective.


  3. Helpful (1)

    "Not the right fit"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good name for the CV and decent starting salary....thats it for me

    Cons

    Poor work-life balance - the culture is to stay late for "face time", if one leaves on time everyday it does not mean you work efficiently but instead you don't haven't been given enough work, so trick is to stay late and miss deadlines.
    Poor management - managers are managers because they have been there long enough and not because they are ready or have the skills to be a manager. The few managers I have seen are either aggressive or distant in style, and so not very approachable.
    Others: lack of training, lots of politics, little flexibility, not a fun place to work at

    Advice to Management

    Treat the juniors (ie. associates and below) with respect, we are also human even though we are lower down the hierachy!


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  5. Helpful (1)

    "Over worked"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst Developer in London, England (UK)
    Current Employee - Senior Analyst Developer in London, England (UK)
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Goldman Sachs full-time (More than 3 years)

    Pros

    Get to say you work for Goldman Sachs

    Cons

    Terrible salary per hour worked


  6. "Good pay, horrible environment"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs full-time

    Pros

    - Good pay, smart people
    - good gym:-)

    Cons

    - People not very nice/nasty and arrogant culture
    - Very hierarchical with aggressive senior males making all decisions
    - Very long hours, and not always at times when it's needed (i.e. "Face time")


  7. "Sacrifice weekends"

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

    I have been working at Goldman Sachs full-time

    Pros

    Learning how to be the quickest and most efficient. Great gym inside the building

    Cons

    Can't make weekend plans. Expected to be within half an hour's access of a computer permanently.

    Advice to Management

    Take the worthwhile time to catch up with Analysts


  8. "Definitely not for good/great programmers"

    Star Star Star Star Star
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Goldman Sachs as a contractor

    Pros

    - Work culture is quite challenging
    - A lot of reasonably good people
    - some interesting concepts in their own products

    Cons

    - there is "one and correct" proprietary technology for everything
    - NIH syndrome rulez!
    - In order not to use official doctrine solution you need to be very persistent (even if evidence clearly suggest abandoning GS standards), stubborn and debate with every single person
    - A lot of "smart" people - smart on paper, but for example never read any coding book - ah forgot GS people are to smart to read Effective Java and use advices etc.
    - so much more downsides
    - very heavily political
    - very heavy indoctrination like a sect almost
    - really hard to express my disapproval


  9. Helpful (2)

    "Politics, nepotism and volatility"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in London, England (UK)
    Current Employee - Investment Banking Associate in London, England (UK)
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Great brand. Huge network. Decent location in London. Great source of research and information.

    Cons

    Nepotism (and consequently the effects of entitlement) run rampant. No guidance so it's definitely sink or swim. Must have network to survive from Day1 so strive to build one before joining, which is hard. Review system is flawed - you can pick who reviews you and if someone doesn't pick you back it's never questioned even if they end up giving you a bad review (pure trickery)

    Advice to Management

    Give new joiners more guidance, create less ambiguidity around reviews, push for more diversity.


  10. Helpful (1)

    "Are you in with the in-crowd?"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in London, England (UK)
    Former Employee - Associate in London, England (UK)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Some interesting technologies and scaling. Working with smart people. Interesting people come and speak regularly.

    Cons

    Salary, "unfortunately due to a difficult business environment expect bonuses to be reduced most years", people falling over themselves to do each others job, or shortcutting that and just using other peoples work to push themselves forward. Falling business share. A contracting technology base although may be more stable now. A massive emphasis on network - it can be hard to break in. If your management falls out of favour then say goodbye.

    Advice to Management

    Email is not a good monitoring solution. Find an alternative! Help and encourage everyone, not just the favourites.


  11. Helpful (5)

    "Joined as a 21 yr old grad, lasted for 4 years before I had to get out"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst III in London, England (UK)
    Former Employee - Analyst III in London, England (UK)

    I worked at Goldman Sachs full-time (More than 3 years)

    Pros

    Excellent reputation, opportunities for growth, training and development

    Cons

    Very very manipulative, opaque, bureaucratic, sycophantic environment. Heavy cost cutting has affected junior employees the most. Poor management that aims to instil fear in employees rather than motivation, culture of rewarding suck-ups, not hard workers.



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