Thorough Review - AYCO is not Goldman Sachs - Analyst Goldman Sachs Employee Review

1.0
Feb 2, 2016
Recommend
CEO approval
Business Outlook

Pros

Your peers will be among the best individuals but this is quickly diminishing as AYCO grows desperate to hire for numbers. Therefore, accepting substandard and/or uncommitted employees. The reason this review has a star is solely based on the outstanding peers at AYCO. The CEO is great, both kind and approachable. Great experience to be able to talk to the CEO of your company.

Cons

This company will absolutely fail you when it comes to compensation. In comparison you will make 20%-35% less than a Goldman Employee of equal position. If the argument is made that this is within industry standard - Not only do they not recognize the pay of the Goldman comparable employee but they also fail to recognize the profit sharing and substantial bonuses across the industry. The bonuses are of little excitement and below the already low expectation. These bonuses are negligible. The company focuses on benefits but lacks insight, acknowledgement and capability to meet standards of the Goldman Sachs pay equivalent. The severe dislocation and oversight is disheartening when everyday is almost a soul crushing exercise meeting the standards of the company. Depending on how much overtime you work in your non-exempt period (hourly)... When you are promoted to exempt (salaried) you can compare your gross income and see that you are making less than when you were hourly. Note - this is a promotion where employees are making less. Discontent is running rampant at this point and soon the most seasoned professionals will need to seek competitors because the low wage and high output is not sustainable. This could be considered a burnout job if you wish. This company will experience a rough road ahead is they continue to dismiss the value of their employees. This is my review of this company and hope that these remarks are not overlooked by management or employees seeking this company for employment.

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5.0
Jun 8, 2026
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CEO approval
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Pros

Relevant opportunities to expand skill set

Cons

Low pay for hours worked

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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