Goldman Sachs Reviews in Utah | Glassdoor

Goldman Sachs Utah Reviews

Updated July 12, 2017
322 reviews

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Pros
Cons
  • continue to be mindful of work life balance (in 719 reviews)

  • Unnecessarily long hours based around team (in 833 reviews)

More Pros and Cons

  1. "Goldman Sachs Asset Management Alternative Investments Part-Time Tax Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Part-Time Tax Consultent in Salt Lake City, UT
    Current Employee - Part-Time Tax Consultent in Salt Lake City, UT
    Recommends
    Approves of CEO

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

    Pros

    Great environment, very smart co-workers, the company has many opportunities, there is a large learning curve and it challenges you.

    Cons

    Dependent on the team, not a whole lot of team building activities outside of work. After busy seasons, it is awfully slow

    Advice to Management

    Wish VP's would interact more with the entry lvl workers and thereby create a better camaraderie.


  2. "Satisfied"

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

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

    Pros

    The culture and the way they manage people is great. They definitely put a lot of priority on developing their people and trying to keep them.

    Cons

    Longer hours, and can be a high pressure. Depending on where you end up you could have a good schedule or a tough one.

    Advice to Management

    Make sure you follow through with the promises and "tag" lines that the company espouses. If you dont you could cause some employees to think a lot of the mantras they hear everyday are dishonest.

  3. Helpful (1)

    "Operations Drudgery"

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

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

    Pros

    The pay you enough to get by. They provide great benefits. Great place for women who want to have kids and a career.

    Cons

    The work is drudgery. Counterparts outside of Operations don't value you very much... view you as a back office know-nothing.

    Advice to Management

    Find ways to get other departments to value operations, and also show your people you value them by paying them better. Maybe people would stay longer :)


  4. Helpful (2)

    "Innovative"

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

    I have been working at Goldman Sachs full-time

    Pros

    The SLC office is known for its innovation and out of the box thinking. I can't speak for other locations, but your good ideas here will be heard and if you're good at getting consensus, you can do whatever you want to do.

    Cons

    The company itself isn't doing incredibly hot, and that can affect morale and bonus amount. Also, different teams have different levels of focus on training and development.

    Advice to Management

    Pick VPs that can see past the workload to complete, and give their team members time for special projects and other off line activities.


  5. Helpful (1)

    "Operation Assosciate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Salt Lake City, UT
    Former Employee - Associate in Salt Lake City, UT
    Recommends
    Positive Outlook

    I worked at Goldman Sachs (More than 8 years)

    Pros

    Talented people, Interesting and challenging work and projects

    Cons

    Office politics, poor work-life balance, favoritsm

    Advice to Management

    Opportunities should be given based on your talent and work, not how close you are with your manager.


  6. Helpful (4)

    "Goldman does not care about its employees. They say they do, but they really don't."

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

    I worked at Goldman Sachs full-time

    Pros

    Relocation bonus, referral bonus are pretty sweet.
    Great network. Looks good on a resume.

    Cons

    Pay starts shockingly low.

    360 feedback system is a joke. The firm is focused only on efficiency and the bottom line; they will cut you at the drop of a hat if you're not grinding the wheels.

    Layoffs were pretty awful. People just disappeared-- managers didn't say anything before, your coworkers just weren't there anymore, people you cared about and got close to-- gone. Again, the firm does not care. They do not care about you, there is no loyalty to you.

    The hours are long and thankless in ops. 10 hours minimum every day. Never had less than a ten hour day.

    Work life balance is virtually nonexistent. You exist to make money for the firm; they do not care about you.

    Management spends a lot of time trying to talk up how great it is to work in ops, but everyone's trying to get out. Ops is where careers go to die; it is the red headed stepchild of the firm. You know how everyone associates Goldman with Wolf of Wall Street types? Well in Ops, you're the one on the other end of the phone when said wolf picks up the phone to scream about a failing trade. It's purely extractive and exploitative. Do not listen to anyone who's trying to tell you that you'll have a long and satisfying career in ops. You'll be strategizing the entire time about getting away to another division, and getting to a prestige office.

    In ops, you'll never get the choice of anything. New office building? Nope. New facilities? Nope. Healthier food? No. Central location? No, we're going to put you in the far office. Everything in ops feels punitive.

    Advice to Management

    Respect your workforce enough to stop lying to them; stop saying ops is so great, that they're appreciated, that they make such a huge difference. Because ops is not great. Ops is where you go to grind years of your life away, gain fifty pounds, get high blood pressure and bad cholesterol.

     The layoffs were absolutely brutal. You cannot claim to be a place that cares about its workers and then bin them like that. And not only that, but your workers were canned because of illegal activity traders made years ago, and where are they? Private hedge funds. Senior leadership? Laughing all the way to the bank. Handled so poorly. Disgraceful.


  7. Helpful (3)

    "Worst work/culture environment in existence!"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Goldman Sachs full-time

    Pros

    The company name looks good on your resume. Met some good people there and I can't imagine why they continue on in such an environment. The must be masochistic.

    Cons

    Too many to list-honestly! The CS/CRS division is nothing more than a sweat shop managed by inept senior management whose primary concern is to save money at the expense of providing a good service for the company. If you get an offer to work in CS/CRS as a "contingent" worker, run as quickly as you can in the other direction! The worst culture/work environment I have ever experienced.

    Advice to Management

    Fire yourselves not everyone else. Try to drop the arrogance and narcissism. You aren't as great as you think you are.

  8. Helpful (1)

    "Team manager and line work"

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

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

    Pros

    The people are smart, driven and flexible. People will rally around an issue and all will help to find the best solution. If raised your managers will work with you if you have any issues outside of work.

    Cons

    Unrealistic expectations cause burnout. Many people can become overwhelmed by the amount of tasks you are given to do. In as competitive of an environment that Goldman Sachs is just being great at what you are asked to do puts you on the same level as everyone else. You really need to push hard to be noticed and the rewards downy always seem to match the effort.

    Advice to Management

    Work on balance of workload and keep in mind the stress of the different tasks. You should not overload one person with multiple high stress activities. Also find a way for operations to be less reactive to the sales side, we should do more to drive the business.


  9. "Analyst"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Challenge environment and could learn tons of new things in fast paced environment

    Cons

    intense working environment & work life balance


  10. "Awesome Place"

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

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

    Pros

    Generally had a lot of different and interesting projects going on. Respectable work life balance (who new?). Lots of really competent, smart people. Management seemed like they cared.

    Cons

    Documentation of internal technologies was deplorable. Had lousy monitors and many meeting rooms lacked computers.

    Advice to Management

    Spend more on giving developers the tools they need to be productive. Our productivity losses from small monitors is tremendously more expensive than new monitors...


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