Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,416 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 19,416 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
4.0
Sep 13, 2016

Senior Engineer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Dealing with intellectual professionals to solve complicated problems. Never a dull moment, lots of challenges to find solutions for. Innovative spirit encouraged. Good infrastructure, office facilities and services. Decent opportunity to change job roles every 18 months or so, pending favorable performance reviews.

Cons

Cost cutting has deeply impacted all parts of the firm. More experienced (yes, more costly) professionals are being let go or leaving (to find better opportunities). Most teams are stretched, taking on more responsibilities than should be done by the few people, can cause points of tension and stress in a crisis situation. Younger workers are brought in, but these professional lack the experience or the ability to multitask and get things done sooner. The work demands are heavy, can bring about higher burn rate. A professional here will do the job of 2-3 people at another comparable firm. The joke that one works at GS from 9 to 5, has been interpreted as working "9 AM to 5 AM (the next day)".

3.0
May 18, 2016
Recommend
CEO approval
Business Outlook

Pros

The bottom line is that Goldman Sachs is not for someone who is passionate about software development. There are a few departments (enterprise platform for example) that are more focused on advancing the technologies in the firm, but most software engineer positions are tightly coupled with business teams and they dictate what you do and what you work on. The pros are: - Goldman is definitely one of the better financial firms in terms of experimenting with a wide-variety of technology stacks. In my short year there, I was able to experiment with HBase, Mongo, Vert.x, Angular JS - Many opportunities to learn. A lot of talks with many interesting people (one of the talks was with David Benioff from Game of Thrones). Classes for different technologies offered year round - Great people, friendly

Cons

- bureaucracy, had to constantly fight with business to do things that would benefit them in the long run - extremely out-dated code base, so you would be spending most of your time fixing other people's code instead of working on cool new projects - Slang (enough said) - Bad management - most senior level managers are too complacent or have given up

1.0
Feb 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Goldman offers fantastic training seminars that anyone is welcome to attend. Also, I really did feel like I was learning from the best in the banking industry. The wealth of knowledge that the business leaders have is unbelievable, and if you can manage to schedule some time with them, you'll probably learn more about the industry than you could anywhere else.

Cons

Constant fear. Every person in the office I worked in in Salt Lake knew that only a few missteps could cost them their job. Once a year management picks a bunch of employees they want to replace and walks them out the door (keep in mind, these are all brilliant, hard-working people). Management will remind you of these routine expulsions as means of motivation. Working at Goldman is an intense scramble to be better than your co-workers, because you know that if they happen to be better than you, you will be treated as expendable. I was more anxious and stressed at Goldman than I've ever been in my career, and developed constant, throbbing headaches and had a very hard time sleeping. If management thinks they can replace you with someone better, they won't hesitate to do it. Firing dedicated employees is a very common and cavalier occurrence at Goldman. A culture of rudeness and extreme passive-aggressive behavior is pervasive throughout the company. If someone thinks you aren't important, they often won't respond to your e-mails or calls, regardless of how desperately you need their help. This kind of behavior is completely accepted. Also, expect business leaders to be extremely critical and demanding.

Viewing 25 - 27 of 19,416 Reviews

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