Goldman Sachs reviews

3.7

66% would recommend to a friend

(19,478 total reviews)
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David M. Solomon

64% approve of CEO

66% positive business outlook

Goldman Sachs has an employee rating of 3.7 out of 5 stars, based on 19,478 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
Oct 21, 2017

A Stepping Stone ... At Most

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ayco is a good opportunity for right-out-of-college graduates. You are able to complete various industry exams and the amount of paid time off is generous. For those who care about the community, there are many ways to volunteer.

Cons

The marginal utility gained from staying at Ayco quickly deteriorates after a year or two. Annual compensation adjustments barely move the needle and you should expect no more than a pat on the back for passing exams, developing a skill set, or getting promoted. This results in a work environment marked by turnover and low morale.

5.0
Aug 10, 2017
Recommend
CEO approval
Business Outlook

Pros

The name on your resume is second to none. They also provide a ton of benefits outside typical health and retirement. They provide free web based employee training on hundreds of topics, Sponsored by names like Fitch Learning, Investment Banking Institute, Wall Street Prep, and other platforms that would other cost hundreds/thousands of dollars.

Cons

The office is are stilled fairly ruled by office politics. Meritocracy is definitely present, though; if you make a name for yourself and impress upper levels, you will definitely be rewarded.

1.0
Jun 1, 2017

Apply Elsewhere

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only benefit of working here is the paid time off - you will need it. Jeans on Friday?

Cons

Where to begin? Understaffed offices create a very stressed work environment. Turn-over is very high for two reasons: the first is management keeps downsizing and firing current staff and talented individuals who make it through the layoffs smarten up and find other jobs. You are stretched to the maximum here since you are supporting several account managers, there is plenty of work to be done. Plan on working 8-5? I don't think so - that is highly frowned upon, you better make Ayco your priority if you decide to work here. This means 10-12 hours of dedication each day. There is no such thing as a work-life balance at this company. At this point, you're probably saying, well the compensation makes up for it, right? WRONG. No pay increases, no more "tax" pay, and bonuses are all bundled in to a "pool," which, you guessed it, was never seen by most employees working here. So how does management keep stringing workers along here? The promise of the "carrot" where you one day will have your own book of clients. Long days and no pay increases will get you far - and once you advance and begin to take on your own clients, make sure you are aware that you will also be servicing your account manager's clients and any other clients on the "POD" team. If this is the career path you choose, it doesn't hurt to get your foot in the door and gain some experience and your licenses then get the heck out. Morale is very low across the board, and upper management really seems to care less.

Viewing 130 - 132 of 19,478 Reviews

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