Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,405 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 19,405 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
1.0
Jun 23, 2008
Recommend
CEO approval
Business Outlook

Pros

Great medical plan. For awhile, you can fool yourself into thinking that you are doing good for society. Then, you realize that they are just scumbags in it for the money. Free lunch on Fridays.

Cons

The research that Umbrella does is questionable, in many cases. It leads to a lot of discussions on the morality of what we are doing. Are we helping humanity? Or are we just trying to make money.

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Goldman Sachs Response
10y
Thanks for the">
1.0
Jun 19, 2008
Recommend
CEO approval
Business Outlook

Pros

Great benefits, surrounded by intelligent people. The name Goldman is clearly reputable. The company has it's standards and systems in place, so that it could pretty much run by itself. The people who succeed are the ones who will do whatever it takes to make their clients happy. If you like giving more than you recieve, than this is the place to work. The helpdesk is run out of India...always a pleasure trying to understand what they are trying to help you with. The pay is mediocre in comparison to other finacial firms, but whatever, you are working for Goldman.

Cons

The internal competition is depressing. Most of the people are there for themselves and are willing to do pretty much anything to look out for their own best interests. The company works in "teams" to create revenue, but there is no sense that anyone is there to be a part of a "team" unless they are grossly profitting from their extremely weathly clients. When times are good, everyone is happy, when markets are bad and clients are losing money, people get cut. Management is what you would expect from a cut-throat investment firm, concerned mostly with the bottom line. They are not concerned with interests of their employees and would side with an angry client before sticking up for someone who has worked for them for years.

2.0
Jun 18, 2008
Recommend
CEO approval
Business Outlook

Pros

Prestige, status, future opportunities abound, gaining knowledge in your field, good connections within the industry and parallel industries

Cons

Zero work-life balance, arrogance of senior management and most of those in positions of power, unrealistic expectations of employees (worse in some departments vs. others, IBD is particularly heinous for example), feedback on performance is not communicated effectively and managers who are attempting to communicate performance are by and large incompetent, they likely have earned their position by attending an ivy league school that the hiring manager shared as an alma mater, not by merit or tenure.

Viewing 19381 - 19383 of 19,405 Reviews

Glassdoor has 23,898 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.