Pathetically overrated & Ruined Career | Experienced hire as Senior Analyst - Senior Analyst Goldman Sachs Employee Review

1.0
12 July 2017
Recommend
CEO approval
Business outlook

Pros

1. Brand name 2.nbjhfiuhnl..... just needed to enter more than 5 words to write pros about this company when i dont have any

Cons

1. I will break the biggest myth on this planet about Goldman Sachs - not everybody is rewarded (bonus & Hike). Many instances when even if you dedicate 13-14 hrs of continuous efforts daily throughout the year, if management "perceives" that another person better than YOU, you can be rest assured for that year to get ZERO HIKE & ZERO BONUS. Yes, it true, its damn true and digest it before stepping in. In my 2 years of career, I did not receive any yearly bonus 2. Bias - Complete Intern-centric company. Experienced hires from different companies are treated unfairly on many many different levels. Majority of praising reviews are from former or current GS interns only. 3. Scrap value switching cost for experienced hires - Brand Name. Period. You are brought from the market at a scrap value just to be used and thrown away. You are made to feel privileged that you are working with GS. 4. Bullying - unwelcoming hostile environment. Experienced hires treated as "intruders" and any voice raised is suppressed in one on one catch ups with managers and interns raised as "Seniors". 5. Lack of respect - At every level. 6. Pay for everything - There are NO perks. Transportation is charged, food is charged (not subsidized), Gym is charged. You basically shell out the precious years of your life in terms of your money, energy & efforts just to work crazily meaninglessly for what? You will realise only once you leave. 7. No Job security - Be prepared anytime to be shifted to a completely different role without your prior exp. If unable to deliver the expected results in short span of 1-3 months in all that "hostile environment", be prepared to enter the brain squashing, mentally depressing, emotionally scarring & self doubting phase of 4 weeks PIP (Performance Improvement Plan) which is the last nail in the coffin to terminate you. If you are lucky enough to deliver impressive results though, PIP might be extended for few more months (an excuse by management to see your continuity and credibility) expecting you to deliver 0 errors. It doesnt end there. If you do not deliver something of "value" what the management wants, you might end up in another PIP 3-4 months later which will be definitely convincing enough to terminate/fire you. This truth never comes out.

Explore other reviews about Goldman Sachs

5.0
2 June 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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