Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,438 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 19,438 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 Financial Services industry (3.7 stars).

Reviews by job title

19K reviews
2.0
Mar 21, 2017

Financial Analyst

Recommend
CEO approval
Business Outlook

Pros

Looks good on a resume.

Cons

They do not care about developing their young people. The analyst program is meant to churn you out after 2 years. There is little room for growth and it is not a meritocracy. They have not figured out that they're losing talent to companies that care more about their employees.

1.0
Aug 6, 2016
Recommend
CEO approval
Business Outlook

Pros

In Operations SLC, not much. You might have a better experience in a different Division.

Cons

Good luck advancing unless you are the brown nosing type as advancements are super political. Promotions are based upon who you know, not based upon hard work and meritocracy. Do not move to GS as an analyst or associate in Operations as you be a puppet punching numbers 60 hrs/wk while the senior people (VP and above) make money. Even if you do go over at the VP level, you will be a slave to the man and have to rub shoulders, be buddy buddy, and spend more time with internal networking than actual working in order to advance. Unless this is your personality type, DO NOT move to GS.

2.0
Jul 18, 2015
Recommend
CEO approval
Business Outlook

Pros

Good on resume Good Benefits and meeting some talented folks

Cons

constant cost cutting initiatives. Goldman technology feels they are great in technology and different than other firms.Surprisingly these comments only come from people who have never worked outside the firm. Reality is that they are not really different and in fact their technology is very out dated resulting in hard work for people and difficult release cycle. Everyone I meet has a constant fear of layoffs. They are just hanging in there till the inevitable layoffs happens Not a good option for 10+ years experience laterals.Most would be used for layoffs bucket or lower ratings in appraisal cycle Benefits that used to great are declining every year.health benefits premiums and deductible has increased a lot No work from home even for genuine cases All in all not worth the hard work you put in. Better compensation/work life balance outside Technology is on constant cost cutting. Form outsourcing to below average compensation to extra works hours, they are master of squeezing employees for profits. There Idea is hire only college graduates and lay off people above 35. It has a 20-20 un official rule. Be prepared to work 20% more on 20% less salary than competitors. They will really keep an eye on you on every small things like when you come to office,how may breaks you take etc. Micro Management to the core Everyone I meet has a constant fear of layoffs. They are just hanging in there till the inevitable layoffs happens Not a good option for 10+ years experience laterals.Most would be used for layoffs bucket or lower ratings in appraisal cycle Benefits that used to great are declining every year.health benefits premiums and deductible has increased a lot No work from home even for genuine cases All in all not worth the hard work you put in. Better compensation/work life balance outside

Viewing 82 - 84 of 19,438 Reviews

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