Goldman thinks they have the magic formula.. think again! - Senior Financial Analyst Goldman Sachs Employee Review

2.0
18 Jun 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.

Explore other reviews about Goldman Sachs

5.0
26 May 2026
Recommend
CEO approval
Business outlook

Pros

The learning curve is super steep.

Cons

Long working hours and high pressure.

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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