Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,449 total reviews)
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David M. Solomon

64% approve of CEO

66% positive business outlook

Goldman Sachs has an employee rating of 3.7 out of 5 stars, based on 19,449 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
3.0
Jan 8, 2011
Recommend
CEO approval
Business Outlook

Pros

Honestly - generally houses very motivated & smart ppl, high prestige (in banking/ finance, not as much now in the popular eye). Work hard & as result can learn lots, good exit opps.

Cons

Expect to work hard, to then work harder, then to work hard at politics, and then to work hard at working hard. High burnout rate. Easily loose sight of bigger picture, no work life balance. Good for ppl who want to hide from life by working all the time. For your overall experience here, you are at the mercy of your manager & ppl you work with - if great you will have good to decent experience. If bad - god be with you, it can get really ugly. Do your research on who you will be working with, if at all possible. If you are spending 60-70+ hrs at work (and this is at job outside of investment banking) being around bad ppl, you will hate life. Also remember, do cost benefit analysis. You do get paid decently, but do your hourly rate math. At the end of the day, it probably isnt as much as you think.

2.0
Nov 11, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits... Health care, 401k, all the best. If you like operations work, this is the place to be. Ranked as the top employer in Utah.

Cons

For working in Salt Lake City, it pays well. However, a same-level operations analyst in NYC/Jersey City makes much more. Further, much of your pay is based on performance bonus, which reviews are heavily biased and leaves room for wage discrimination. Immediate management is out-of-touch. Merit rewards no one... if you'd like to succeed, be sure to network well and create the perception of value. Emphasis on "perception". Overtime pay is half-time... but if you work any less than 50 hours/week, you'll yourself in a serious "conversation" with your manager--regardless as to whether you have work left to do. Again, the perception of being a valuable employee, and this includes just working late for the sake of working late, is what matters. But if you still want the job, make sure you play to Goldman's egos, as they like to hear how "big-deal" they are, because they work for a "big-deal" company. There are very few finance roles at GS Salt Lake City... it is a major operations hub for GS.

2.0
Jun 27, 2010
Recommend
CEO approval
Business Outlook

Pros

Top of the ladder for investment banks, bragging rights amongst other friends on the street (though you quickly feel identified as a tool when around normal people) Good job security and comp for those that have been there a while and have broken through the steep learning curve and unique operating practices.

Cons

Long hours, you can work less and make more elsewhere on the street Survives mostly on reputation, which doesn't really apply to tech roles. Development role involved mostly 1st line business support on archaic, proprietary, poorly designed system (stressful) Poor dissemination of tech knowledge/documentation past your initial initiation training. Slang/SecDB is indeed an interesting platform with great ideas, but the tools and UIs are ancient and make those used to more modern development environments wince. Lateral experienced hires take a significant hit as the tech knowledge you can carry in is minimised. Technology is lead mostly out of the Quant area, not IT, leading to poor quality, complicated code.

Viewing 223 - 225 of 19,449 Reviews

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