More Toxic than Chernobyl - Associate Goldman Sachs Employee Review

2.0
Jul 18, 2020
Recommend
CEO approval
Business Outlook

Pros

Can be a good rubber stamp for the resume. You can learn a lot if you’re willing to teach yourself (it’s jungle law).

Cons

I came into the firm as an experienced hire through a diversity hiring program. Within my first month a VP on my team told me I was only hired so management could get a “tax break”. I should have walked away at that point but I was determined to stick it out. Of the 4 or 5 people who originally brought me in to the firm, all were either fired or left in outrage before I even started - this should have been another red flag (because the firm has a massive turnover problem). I felt that management consistently lied to me about a variety of things mostly pertaining to advancement. They would also talk pretty openly about horrible things they had done to past employees and laugh about it. Maybe these things could have been more tolerable if they were the meritocracy that they tout but they weren’t in my opinion. That same VP’s job revolved around technology and he/she didn’t know what a server was (literally asked me in a conversation once “what’s a server”); the difference being he/she was part of the elitist yet incompetent culture that permeates the NYC office. They regularly hire the children of clients and as you can imagine they are usually the kind who NEED their daddy to get them a job because they are otherwise completely unremarkable. I stayed two years until I had to train another VP how to do a new job he/she was assigned and he/she couldn’t competently use excel (same individual would regularly try to humiliate analysts/associates for lack of technical skills until he/she took it a step too far once and was almost fired). Seriously as far as diversity programs go, you can’t bring someone in under the guise of receiving training and then have them train your VPs.

Explore other reviews about Goldman Sachs

5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

amazing experience, everyone was very kind and supportive.

Cons

None, great experience overall. Highly Recommend!

2.0
Feb 23, 2026
Recommend
CEO approval
Business Outlook

Pros

You’ll get to work with the latest technologies depending on the team you’re in and also have a decent work-life balance. They give you a good amount of vacation days and let you use them whenever you want. You get to work with people who are good and smart and barely hear of any bad people who make your life hard. Taking internal mobility to other teams would also be super easy out here and they encourage it.

Cons

The pay increases are very bad. As you get promoted and grow, your pay will only increase about 3-5% no matter how good your performance is and you’ll feel like you’re barely beating inflation if you’re lucky. Your pay will be massively under the market for your role. Not to mention, there’s a huge risk of layoffs and it happens twice a year. You’ll end up being a part of it if you’re working from home a lot or express your dissatisfaction with your pay (although they mostly brush it off as a performance or a budget/role issue). The risk you take from the layoffs is not worth the reward you get. If you’re taking this job and reading this review, just consider this job as a stone you can step on while looking for another job to switch to

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