Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,415 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 19,415 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
1.0
Feb 2, 2016
Recommend
CEO approval
Business Outlook

Pros

Your peers will be among the best individuals but this is quickly diminishing as AYCO grows desperate to hire for numbers. Therefore, accepting substandard and/or uncommitted employees. The reason this review has a star is solely based on the outstanding peers at AYCO. The CEO is great, both kind and approachable. Great experience to be able to talk to the CEO of your company.

Cons

This company will absolutely fail you when it comes to compensation. In comparison you will make 20%-35% less than a Goldman Employee of equal position. If the argument is made that this is within industry standard - Not only do they not recognize the pay of the Goldman comparable employee but they also fail to recognize the profit sharing and substantial bonuses across the industry. The bonuses are of little excitement and below the already low expectation. These bonuses are negligible. The company focuses on benefits but lacks insight, acknowledgement and capability to meet standards of the Goldman Sachs pay equivalent. The severe dislocation and oversight is disheartening when everyday is almost a soul crushing exercise meeting the standards of the company. Depending on how much overtime you work in your non-exempt period (hourly)... When you are promoted to exempt (salaried) you can compare your gross income and see that you are making less than when you were hourly. Note - this is a promotion where employees are making less. Discontent is running rampant at this point and soon the most seasoned professionals will need to seek competitors because the low wage and high output is not sustainable. This could be considered a burnout job if you wish. This company will experience a rough road ahead is they continue to dismiss the value of their employees. This is my review of this company and hope that these remarks are not overlooked by management or employees seeking this company for employment.

2.0
Jan 18, 2023

Just. Don't.

Recommend
CEO approval
Business Outlook

Pros

Great benefits, and 20-35 days of PTO depending on your level. 72 hrs of paid sick time off, and 10 paid holidays. That's about it.

Cons

1) 5 days a week in-office (don't let them fool you), and if you have to be off desk, or on PTO, it's culture to put WHY YOU'RE ON PTO on the cal invite! Legit. People will put Name - OOO (in parenthesis, the reason they're on PTO) 2) Office culture is awful, and leadership is cold and uncaring. It's a very cliquey culture, too. People talk trash about everyone behind their backs but act nice to your face. Managers have their favorites, which they make very obvious; if you're not on their list you will feel it. Most management sits in NY, so they have VPs in other offices reporting on your whereabouts and how you're doing on the team. 3) Not actual recruiting - there are a lot of administrative responsibilities. You will be on more projects than actual recruiting. They love their data and you have to pull a ton of reports all the time. I could go on...

4.0
Nov 9, 2010
Recommend
CEO approval
Business Outlook

Pros

The work - incredibly interesting deals and chance to be at the tip of the spear in the financial industry when things happen. The pay is terrific, as are the benefits Notwithstanding the financial meltdown, GS has definite cache and presitge in the financial world. You are working with some of the best and the brightest outside of McKinsey and Bain

Cons

Did I mention the work? Lots and lots of work, and then more work. Two briefcases: One for your work; the other for a change of underwear after sleeping in the office whilst working on an M&A deal. Forget going to your kids' soccer games, little league games, Lamase classes. GS is all about and only about the work. Word to the wise: Keep your own counsel. Any stinkeye remotely caught by the view of a GS Partner does not bode well for your career.

Viewing 10 - 12 of 19,415 Reviews

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