Goldman Sachs reviews

It’s a slave ship. A meat grinder atmosphere that will destroy you. Many people come for the name and future job potential. Many leave after a few years after they realize it’s hell on earth. 60 hrs a week is the minimum and don’t expect market wages as senior management believe they don’t need to pay market since the privilege of working for Goldman is a form of compensation. Also, they stack rank people on a yearly basis and the lowest ranked person from your team will be fired. If you are a team of 5 geniuses but you happen to be the least genius one, you will be fired!

Management is inept and is not able to fix the mass amounts of poor processes and bureaucracy that plague the organization. Years of poor financial performance, layoffs, overworked and underplayed staff has taken a tremendous toll on morale. Many employees openly discuss looking for opportunities elsewhere; most are treated as a human cog in the machine that this company has become. Most benefits are not competitive tot he market and healthcare premiums are affordable. Many employees have had several years of lower take home pay as a result of compensation practices and poor benefits. Long days are the norm and expected by all levels of associates. Staff are expected to be at the office rain sleet or snow and lack of working modern technology requires positions that should not need to be in the office travel in inclement weather. All positions other than Account Manager's are paid well below market. There is no tangible presence of diversity of employee or thought. Working here you will live the adage "the emperor has no clothes."