Goldman Sachs Reviews in Utah | Glassdoor

Goldman Sachs Utah Reviews

Updated August 15, 2017
328 reviews

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Pros
  • Alot of smart people working with you (in 424 reviews)

  • many people you can learn a lot from (in 94 reviews)

Cons
More Pros and Cons

  1. Helpful (1)

    "Poor work life balance"

    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
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Good location
    pay is decent
    some divisions have challenging work

    Cons

    Poor work life balance
    pay doesn't match to extra hours that employees need to put in

    Advice to Management

    Improve work life balance


  2. Helpful (1)

    "Operations Analyst SLC"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    - Decent Comp
    - Brand Name
    - Intelligent coworkers
    - Good benefits
    - Recent positive improvements to the internal mobility platform

    Cons

    Operations work for the most part is mind numbing and repetitive. People are used as patches for the processes that haven't yet been automated. This leads to daily work that doesn't build any transferable skills. What knowledge you do manage to build is usually rooted in the technical aspect of the firms system, and will eventually become obsolete once they roll out a system update.

    Depending on your managers compensation and promotions can be very closely tied to office politics. It is almost impossible to stand out as a high performer through your daily work alone. Which means that a lot of analyst spend time doing useless project work on top of the daily work load just to get recognition from senior managers.

    I think GS can be a great place to work if you are in a different division but would recommend people avoid ops at all costs.

    Advice to Management

    Lloyd is a straight shooter with a hell of a golf swing. Grip it and rip it.

  3. "Analyst"

    StarStarStarStarStar
    • 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

    Pros

    -Intelligent employees
    -Motivated group of people

    Cons

    -lack of creativity
    -management will pigeonhold you in certain positions

    Advice to Management

    Invest more in employees and pretend like you care about their future


  4. "management accountability"

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

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

    Pros

    Popular firm so looks good on your resume

    Cons

    no work life balance and bad management

    Advice to Management

    managers should be held more accountable


  5. Helpful (1)

    "Operations Summer Analyst"

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

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

    Pros

    Professional Development
    Great Intern program
    Fast Pace
    Dynamic work
    Plenty of offers

    Cons

    Tedious work
    Long hours
    Competitive
    Redundant
    Long Hours


  6. Helpful (1)

    "Average Experience"

    StarStarStarStarStar
    Former Intern - Anonymous Intern in Salt Lake City, UT
    Former Intern - Anonymous Intern in Salt Lake City, UT
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    -Good Brand
    -Driven Coworkers
    -Intense work environment that forces growth
    -Clear path to advancement

    Cons

    -Monotonous work
    -Office politics(Can be good or bad)
    -Occasionally long hours(60+ hours per week at the worst)


  7. "Good Place to Start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sandy, UT
    Former Employee - Anonymous Employee in Sandy, UT
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Goldman Sachs (More than a year)

    Pros

    friendly environment, open culture,

    Cons

    lot of levels, less growth opportunities

    Advice to Management

    Reduce the lengthily interview process and make quick decisions

  8. "Good place to start your career"

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

    I have been working at Goldman Sachs full-time

    Pros

    Ability to learn, and better your skills. Very team oriented. Comp is ok.

    Cons

    work life balance. Compensation process is very opaque.

    Advice to Management

    Shed some light on the compensation process so people know they are being compensated fairly so they don't go looking at other companies and end up applying for another job


  9. "Amazing Experience"

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

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

    Pros

    The assign you a buddy before you start. So they have a great Buddy system.
    Great Pay
    Great corporate environment
    Social Activites

    Cons

    None honestly. Although your projects might become harder depending on your team. One intern had to collaborate with his team and they were in another part of the country. So finding times to meet can be hard. But that's also a benefit because you have experience working with teams that aren't in your office

    Advice to Management

    I have none. My manager also gave me weekly feedback. As an intern you have a lot of power and say as to what's happening. My manager was super encouraging, even when it came to looking at other business units within GS.


  10. Helpful (7)

    "Ops is menial back office work, no real transferable skills."

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    - Looks great on your resume. Some managers try to really emulate the company's ethos in their interaction with their staff.

    - For a young person, fresh out of school, GS is an excellent introduction to Corporate America. Approach it with an open mind or like a social examination as your experience will be a great determiner whether working for corporations could be a thing for you.

    Cons

    If you're unable to muster or feign the interest and importance managers feel is due to this work, note how what was once average/good feedback quickly turns unprofessional, insulting your intelligence and mental aptitude. However many times they try to tell you the work is challenging and not for everyone, know that it is not. It sort of felt like it was a way for them to legitimize and feel better about the menial, mind-numbing work it truly is.

    Although GS prides itself on diversity, it often seemed forced (checking off boxes). In general, I think it's good to be wary of any organization that pushes diversity initiatives and programs that hard. Surprisingly, it didn't make the workforce or managers more tolerant of others. Finally, the fact that one ethnic subset of the analyst class were assigned mandatory diversity mentors/champions is indicative of something.

    The culture really breeds sycophancy and since fragile egos run amok, you can only imagine how crucial your ability to engage in office politics will be for promotion and staying in the good graces of managers. Believing you'll be judged based on the merits of your work is a common mistake new joiners make. For some of my teammates, the highlight of their day (week perhaps?) was having the MD greet them and acknowledge their presence. I hope I've simultaneously dispelled any claims regarding GS being flat. It is as flat as feudalism in 9th century Europe.

    Advice to Management

    I think my advice will be limited here. After all, most good-intentioned advice is simply not applicable or even feasible when it comes to huge corporations. That being said, familiarizing oneself with what's taboo from an HR perspective and what isn't goes a long way. I understand the pressure to meet increasing demands but it is extremely unprofessional, if not illegal for instance to ask employees what they went to the doctor for. Finally, no employee can take management seriously if feedback to employees consists of cellphone use at their desk or questions regarding their bathroom use. Fixating on how often people use the facilities and intimidating attitudes when personal things come up, preventing employees from being away from the office or the desk detract from the elite organization and ideal that you're trying to advertise. It's also downright weird.


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