Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,406 total reviews)
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David M. Solomon

63% approve of CEO

66% positive business outlook

Goldman Sachs has an employee rating of 3.7 out of 5 stars, based on 19,406 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Goldman Sachs employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

19K reviews
1.0
Oct 18, 2012

No Work-Life Balance

Recommend
CEO approval
Business Outlook

Pros

The people you work with will be very intelligent and motivated. Everyone is comfortable with technology and innovation is rewarded. Great benefits.

Cons

You will start out working 50 hours per week and it will only go up. The compensation is not enough to make up for the fact that you can't do anything but work. Turnover is outrageous - I quit after 13 months and I was the most senior member of my team by that point. Office politics can be crazy! There is very much a "face time" culture where people feel obligated to spend 11-14 hours per day at the office.

3.0
May 25, 2012
Recommend
CEO approval
Business Outlook

Pros

The best things about Goldman Sachs are that they pay very well. This should be taken with a grain of salt though because the hours a longer than other industries. So, if you are offered 100k but are working 12 hour days, you would really only be making 66k at a job where the hours are normal. They are also pretty flexible if the job can allow it. There are people who work from home one day a week, have special schedules, etc. the work is interesting and busy. The days go by quickly even though they are long. It seems like there is never a dull moment. When I first started at GS 10 years ago, the work was like most entry level jobs, meaning there was a lot of repetitive day to day work. However, the work evolved over time just like any job and has become more analytical and value add. There is a huge focus on diversity.

Cons

I have 4 direct managers who have different agendas and don't communicate well with each other leaving me with multiple competing tasks. The firm works people long hours. There are retention problems because of work life balance. The median age is 25 because the older folks with families can't make the hours work and still spend time with their kids. While they claim that their culture is consensus driven, it has shifted over the years to be more directive. They also tote that their employees are a most valuable asset but don't seem concerned with giving them more personal time. Head count reductions over the years have come with no backfill but the same amount of work. Their perception is that you are lucky to be working there among the cream of the crop and that "it's not for everyone". Most VPs I know are looking for jobs somewhere else and are only still there because they haven't found another job.

3.0
May 15, 2012
Recommend
CEO approval
Business Outlook

Pros

Work with (mostly) smart people and get paid (in good years) a lot Most people are very friendly and always willing to help Learn about the financial system if you want If you're smart and willing to network like crazy you can get ahead pretty far

Cons

Expect to work very long hours (jokingly referred to as Goldman hours) Management is all about pleasing your next two levels of managers and impressing the rest Mid level managers often see their reportees as either useful for advancement (cause they have good ideas) or cannon fodder for weekend work If you can fake competence you're set High level of risk aversion unless your back is protected, CYA is an artform A lot of the best people have already left for Google, startups, etc. Only the slow and the ladder climbers remain

Viewing 106 - 108 of 19,406 Reviews

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