Goldman Sachs reviews

If you work for Marcus by Goldman Sachs it's like pulling teeth to even make $40k a year and they will continue to pile and pile and yet again PILE responsibilities on you and then look dumbfounded if you ask for compensation. The only way someone from marcus thats not a manager has the HOPES of making any money is to make it to what we call "greater Goldman " which is the investment side other than that you'd better be comfortable making less and working more. At one point we lost a total of 5 managers all at once and they just spread those managers tasks among the senior reps and said it was to work us towards management. My hope was to be successful but once they see you're a hard worker they don't want to see you climb the ranks they want to work you to death and look sad when you quit.

- The company has messed up its pay scale, there is huge parity within the same team, people with similar experience/background/titles might earn upto 2x times as you. The situation is so bad, there are senior folks making less money than the juniors - There will NEVER be work/life balance. - The interview process is so painful, that they are never sure of if they would want to recruit or not until they roll out the offer. Plus the whole process is roughly 10-12 rounds spanning over 1.5 months - They claim the bonus is performance based, which is no where closer to the reality. There is often a parity between performance review to the real work that the individual did - Regarding bonuses: The first year for lateral hire is base bonus (which isn't based on the performance of the employee), generally very low (unless they disclose the figure to you at the time of joining) and then they pro rate the amount to the time until you work.