Goldman Sachs

- NYSE:GS
Last Updated 2024-04-26

Indeed Profile Reviews

Track Goldman Sachs reviews on Indeed to uncover insights on employee sentiment

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Ticker Symbol Entity Name As Of Date Review Url Logo Company URL Company Author Title Author Location Author Country Summary Description PROs CONs Helpful Count Not Helpful Count Rating: Overall Rating: Work/Life Balance Rating: Culture & Values Rating: Career Opportunities Rating: Comp & Benefits Rating: Senior Management Date Added Date Updated Company Name Sector Industry
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Apr 12th, 2024 07:28AM Open Open Open Goldman Sachs Vice President Salt Lake City, UT Temper Your Expectations - This is a Job, not a Career Your experience will vary given which team you're on. Overall, morale in SLC Credit is poor. The firm is very cheap; there isn't enough seating for everyone, so you will be constantly moved around the floor as they play musical chairs. In addition to being herded around like sheep, there are always shortages of equipment, so you might arrive one morning to find your keyboard or headset gone. Other than your comp, the firm will never spend a dime on you. You will never travel, you will never meet a client, you're not even allowed to bring your spouse to the holiday party. You'll be lucky if your team is treated to lunch once a year. Go ahead and throw away your suit and tie because you'll want to be in something more comfortable to sit at a desk for 8-12 hours a day; you're not going to do anything besides that. Given the above, turnover is terrible. Because of their inability to retain good people, teams are always behind on their tasks which leads to long hours, burnout, and more turnover. You'll likely be one of the more senior people on your team after a year because everyone else has quit. It's a vicious cycle that even the bank regulators are becoming concerned about. Management knows it's bad but won't do anything about it, instead they gush about how great and special the GS culture is. As a new analyst, Goldman is ok as you'll learn some skills and get their name on your resume, but after you make VP, your career is very limited. GS does not have Director titles in Credit (again, because Credit isn't important), so 99% of people will plateau at VP. Managing Director promotions are extremely rare and are not necessarily based on merit (office politics and diversity considerations come into play here) and you basically need to dedicate your life to the firm for 10+ years to have a shot at it. Again, the firm makes it very obvious that non-revenue generating staff are 2nd class. Despite all of this, if you wind up on a team with a good manager, it can be bearable. However, this can be luck of the draw depending which team you're assigned to. Some managers will put the time and effort into developing their people, others leave it to the other analysts and associates to train you. Comp and benefits are average to below average; analysts and associates may get raises but salaries at the VP level don't change much and might not even keep up with inflation. Bonuses haven't been great the past several years given how poorly the bank has performed. This may continue to be the case going forward given the retail banking debacle and the fact that a lot of GS' rainmakers have bailed to other firms. The firm is not what it used to be; this isn't Lloyd Blankfein's GS anymore. Overall, don't get caught up in the hype of working at Goldman Sachs in SLC. There's a reason you're in SLC and not NYC (the firm is cheap and you're not that important to them). You're going to do the same repetitive tasks day in and day out with no real hope of career advancement after VP. Management and the firm could really care less about you, so don't put your heart and soul into it or you might be very disappointed. If you're fine with doing work for a paycheck (i.e. having a job) then you could do worse. However, if you're looking to have a career at an employer that values you, look elsewhere. It's a paycheck; GS name still has some value on a resume Poor morale, high turnover, limited career advancement, uncaring management 0.0 0.0 2.0 4.0 1.0 3.0 3.0 1.0 Apr 17th, 2024 12:28AM Apr 17th, 2024 12:28AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Apr 12th, 2024 05:23AM Open Open Open Goldman Sachs Founder and CEO York, ON Really fun place to work Super awesome place to work, I get to make lots of money every day while playing minesweeper. Good job for teenagers looking for a summer job or immigrants who don't speak English. Highly recommend. 0.0 0.0 5.0 0.0 0.0 0.0 0.0 0.0 Apr 14th, 2024 12:29AM Apr 14th, 2024 12:29AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Apr 5th, 2024 05:34AM Open Open Open Goldman Sachs Controller Salt Lake City, UT Good to get your foot in the door Great career opportunity if you can get it early in your career but definitely lots of work. Your team will really make or break your experience there, but not a bad company 0.0 0.0 4.0 0.0 0.0 0.0 0.0 0.0 Apr 7th, 2024 12:30AM Apr 7th, 2024 12:30AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Apr 4th, 2024 12:59PM Open Open Open Goldman Sachs Financial Analyst Bengaluru, Karnataka incredibly long work hours it is an incredibly high-paced environment where nothing short of perfection is acceptable, you get to work with some of the smartest people in the country and the world and you get to take on many interesting projects. but the work hours are too long and you get pretty much no work life balance. the pay is extraordinary and there are many opportunities for both career growth and bonuses 0.0 0.0 3.0 2.0 2.0 4.0 5.0 4.0 Apr 6th, 2024 12:29AM Apr 6th, 2024 12:29AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Apr 2nd, 2024 01:35PM Open Open Open Goldman Sachs Associate Dallas, TX No complaints Overall it was a great experience. Demanding workload, but a lot of opportunity to grow. Exit opportunities are tremendous and can help you land your dream job, so long as you put in a few years. 0.0 0.0 3.0 0.0 0.0 0.0 0.0 0.0 Apr 4th, 2024 12:28AM Apr 4th, 2024 12:28AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Mar 30th, 2024 07:25AM Open Open Open Goldman Sachs Specialist Draper, UT Good career development Good career development if you put in the work. Lots of amazing people and lots of not so amazing people there. Learned a lot about corporate life and how to succeed within it. 0.0 0.0 4.0 0.0 0.0 0.0 0.0 0.0 Mar 31st, 2024 03:54AM Mar 31st, 2024 03:54AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Mar 29th, 2024 04:08AM Open Open Open Goldman Sachs Operations Analyst Salt Lake City, UT Great first job Good place to work, but you work a lot and it’s not for everyone. Great resume builder, people tend to not stay that long as burnout is real. Glad I worked there, glad I left. 0.0 0.0 4.0 0.0 0.0 0.0 0.0 0.0 Mar 31st, 2024 03:54AM Mar 31st, 2024 03:54AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Mar 28th, 2024 05:42AM Open Open Open Goldman Sachs Analyst New York, NY Competitive Environment Every around you is very smart. It is quite a competitive culture and extremely motivated teams. You learn a lot being at the firm. Work life balance is not too bad. 0.0 0.0 4.0 0.0 0.0 0.0 0.0 0.0 Mar 30th, 2024 12:37AM Mar 30th, 2024 12:37AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Mar 26th, 2024 09:30PM Open Open Open Goldman Sachs Associate London Long hours, under valued but surrounded by smart people Pros - get to work with really smart people Cons - so much politics to navigate especially as you get more senior, not about your work but who you have on side, really long hours, lots of red tape to get anything approved, lots of people who fight against innovation and change, lack of transparency on salary (you can be on one figure and the person sitting next to you doing the same job can be on a lot more 0.0 0.0 2.0 0.0 0.0 0.0 0.0 0.0 Mar 28th, 2024 12:28AM Mar 28th, 2024 12:28AM Goldman Sachs Financials Financial Services
nyse:gs https://www.indeed.com/cmp/goldman-sachs/reviews Mar 25th, 2024 03:15AM Open Open Open Goldman Sachs Senior Controller Salt Lake City, UT Intelligent, collaborative, and intense workplace The culture at Goldman Sachs is fantastic for someone early in their career. Everyone is highly intelligent, driven, and extremely collaborative. The biggest downside is that pay is lower compared to competitors and poor work life balance. An easy work week was 50 hours but often my team worked 60 to 65 hours with late nights and weekend work. 0.0 0.0 2.0 0.0 0.0 0.0 0.0 0.0 Mar 26th, 2024 12:29AM Mar 26th, 2024 12:29AM Goldman Sachs Financials Financial Services

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