Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,408 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 19,408 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 Finance industry (3.7 stars).

Reviews by job title

19K reviews
5.0
Sep 28, 2008
Recommend
CEO approval
Business Outlook

Pros

I honestly think that people should pay to work at Goldman as an intern. I would If I was able to. The amount of knowledge that flows through those offices is comparable to nothing else I have seen. Sharp people, with sharp pay, constantly coming up with way of improving efficiency and ways to make money. The pay is great, they recognize people right away for their talents and immediately put them to work in what they do best. They are constantly offering training to their employees in almost about any topic you may choose. Even as a temp you are offered great opportunities. I was offered an Analyst job after a year of working in administrative jobs regardless of the fact that I did not have a Yale or Harvard degree, which by the way is the only thing they hire. It was an honor for me to be offered such an opportunity after seeing recently graduated aplicants (from those universities) go through a process of 20 interviews and still not get hired for one reason or other. Working at Goldman gives you an incredible understanding of economic and political issues and I could almost say that it changes forever the way you look at the world.

Cons

They are not flexible at all when it comes to family and work balance. they demand 90% of your time and soul. It is very difficult to adapt to any other working environment after working at Goldman, that may be why so many people leave Goldman only to create their own business. They are not very tolerant of mistakes, it is a high stress environment, depending on the position. Senior managers can be a little crazy at times and treat employees very disrespectfully, but only if they make a few hundred million dollars for the firm...

4.0
Sep 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Great culture , emphasis on team-work. You are recognised for your efforts and are given opportunities for internal mobility

Cons

1. Migrations of old systems to new technologies and strategic business flows a long and painful process. 2. Work from home option is not easy to obtain. 3. Work hours can get crazy.

4.0
Sep 24, 2008
Recommend
CEO approval
Business Outlook

Pros

The pay is little more compared to the other wall street firms. The culture is also very good in the sense that you really feel like you are part of the Goldman Sachs family. Everyone has an open door policy so someone is always availalable to answer any questions that you have. Management does a decent job of promoting work/life balance. The people are really nice and very intelligent. Senior management is also very good at communicating to employees on a timely basis. Lloyd is a great leader and communicator and hearing him makes you feel good even in bad situations.

Cons

The IT side of things is horrible. Most systems are pretty ancient and everybody has the 'let's just get it out there quickly no matter how good the quality is' attitude which is really sad. Everyone is in more favor of just patching things up with old systems rather than getting new technologies and systems. Projects never get completed to its fullest and it seems like you are always scrambling to finish up things. The business folks have too much power in determining how technology should work and it seems like decisions are made by very frew individuals rather than by groups of individuals or teams.

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Glassdoor has 23,901 Goldman Sachs reviews submitted anonymously by Goldman Sachs employees. Read employee reviews and ratings on Glassdoor to decide if Goldman Sachs is right for you.