Goldman Sachs reviews

3.7

65% would recommend to a friend

(19,490 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 19,490 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
Dec 29, 2023

Hard to get work done.

Recommend
CEO approval
Business Outlook

Pros

Full of good people, trying to do good work. I had 2 good managers in my 5 year tenure, and 6 duds.

Cons

Salary is average, less so during no-bonus layoff years. Culture is highly political, not merit based. Engineering tech debt is anchored down by "not built here" and "but my legacy". Leadership is fear-based, often incompetent, micromanaging, and - CEO is actually called the-executioner. Difficult to get funding to hire good people. There is no work-life balance. The in-house food vendor is external, fleecing employees with high prices for mediocre food. Only vending machines available after 5p, so UberEats delivery is very popular. Fires 5-10% of employees each year, aiming for the bottom % without sufficient data or awareness, and tends to be random selection from the bottom 80%.

2.0
Aug 14, 2023
Recommend
CEO approval
Business Outlook

Pros

Global connection with various teams. You will learn how to work in a very stressful and chaotic environment with lots of corporate politics.

Cons

Very long hours. Definitely a "grind" culture and once you make VP, it is almost like people think you have super powers and can take anything... not much interest in caring for people's mental health. In order to do the job well with very lean teams and demanding leadership, you have to put in really long hours. Extremely difficult to have a good balance of work and personal life.

1.0
Jul 31, 2023
Recommend
CEO approval
Business Outlook

Pros

The starting salary is 50,000 for CAs.

Cons

Working at Ayco is a good job for someone who is an account manager or even a financial analyst. But it is not a good atmosphere for client analysts because they are the individuals that everyone dumps the work they don’t want to do on. They are also the individuals that warrant the least amount of respect and camaraderie in the Ayco environment - financial analysts and account managers gossip about and browbeat them behind closed doors. Instead of putting the onus on account managers, who are supposed to be the team leaders and manage the workload of their underlings (one client analysts and one financial analyst), upper management will always back account managers because they will hear back from Goldman if they fail to retain those workers. Ultimately, this means they fail to set reasonable standards for client analysts and sometimes financial analysts as well. Although the client analyst positions are advertised as career development programs to recent graduates, this is not a good first job out of college because it requires a level of boundary-setting with immediate and regional management that most seasoned professionals don’t have mastery of. That is why there are always so many available positions with Ayco - the turnover for these lower positions is very high, with some account managers going through four or five client analysts in a year.

Viewing 151 - 153 of 19,490 Reviews

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