SO bad you have to see it to believe it - Anonymous employee Goldman Sachs Employee Review

1.0
4 Dec 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Account Manager positions are paid well. Competitive PTO benefits.

Cons

Management is inept and is not able to fix the mass amounts of poor processes and bureaucracy that plague the organization. Years of poor financial performance, layoffs, overworked and underplayed staff has taken a tremendous toll on morale. Many employees openly discuss looking for opportunities elsewhere; most are treated as a human cog in the machine that this company has become. Most benefits are not competitive tot he market and healthcare premiums are affordable. Many employees have had several years of lower take home pay as a result of compensation practices and poor benefits. Long days are the norm and expected by all levels of associates. Staff are expected to be at the office rain sleet or snow and lack of working modern technology requires positions that should not need to be in the office travel in inclement weather. All positions other than Account Manager's are paid well below market. There is no tangible presence of diversity of employee or thought. Working here you will live the adage "the emperor has no clothes."

Explore other reviews about Goldman Sachs

5.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

amazing experience, everyone was very kind and supportive.

Cons

None, great experience overall. Highly Recommend!

2.0
23 Feb 2026
Recommend
CEO approval
Business outlook

Pros

You’ll get to work with the latest technologies depending on the team you’re in and also have a decent work-life balance. They give you a good amount of vacation days and let you use them whenever you want. You get to work with people who are good and smart and barely hear of any bad people who make your life hard. Taking internal mobility to other teams would also be super easy out here and they encourage it.

Cons

The pay increases are very bad. As you get promoted and grow, your pay will only increase about 3-5% no matter how good your performance is and you’ll feel like you’re barely beating inflation if you’re lucky. Your pay will be massively under the market for your role. Not to mention, there’s a huge risk of layoffs and it happens twice a year. You’ll end up being a part of it if you’re working from home a lot or express your dissatisfaction with your pay (although they mostly brush it off as a performance or a budget/role issue). The risk you take from the layoffs is not worth the reward you get. If you’re taking this job and reading this review, just consider this job as a stone you can step on while looking for another job to switch to

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