Goldman Sachs Reviews | Glassdoor.com.au

Goldman Sachs Reviews

Updated 21 January 2019
4,850 reviews

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3.9
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Goldman Sachs Chairman and CEO Lloyd C. Blankfein
Lloyd C. Blankfein
2,742 Ratings

Employee Reviews

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Pros
Cons
  • "Work Life Balance can still be improved" (in 896 reviews)

  • "Long hours, no flexibility for working from home" (in 1036 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (78)

    "Great corporate environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in New York, NY (US)
    Former Employee - Executive Assistant in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Goldman Sachs full-time (More than 10 years)

    Pros

    They take care of their people in every way. Very impressive facility at the NYC headquarters, with all the comforts. Strong corporate structure to make sure no one is misused. Good, transparent leadership.

    Cons

    Not really a con, but not a lot of handholding if you are a slow learner. They expect top-tier, smart work from every employee. If you want to move up from an administrative position, you will have to lobby for it - nothing will just fall in your lap here.


  2. "Finance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Best environment to work supportive managers

    Cons

    Entry to front end difficult

  3. "Bad work environment"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs full-time

    Pros

    Prestige, good deal flow, smart colleagues

    Cons

    Terrible work environment, terrible work-life balance


  4. "Risk Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Goldman Sachs full-time (More than a year)

    Pros

    Nice working envirmonent: facilities and team

    Cons

    Unstable upper management with unrealistic and obscure perspectives. Lack of respect for individuals who are not in management roles.


  5. "Slave labour"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs full-time

    Pros

    Learn a tonne
    Everyone around you is very smart and driven
    work on interesting deals

    Cons

    expectation is you work all hours. not sustainable

    Advice to Management

    improve work life balance and focus on what matters to clients


  6. "EA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Goldman Sachs full-time

    Pros

    Great people to work with - culturally diverse

    Cons

    none that i can think of

    Advice to Management

    none


  7. "Analysts"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Goldman Sachs full-time

    Pros

    Good work environment for staff

    Cons

    Long hours for executive roles

  8. "Executive Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Everyone was friendly in a social context

    Cons

    Demanding personalities given tight deadlines and pressure.


  9. Helpful (2)

    "Goldman Sachs Australia"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst in Melbourne
    Former Employee - Research Analyst in Melbourne
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Goldman Sachs full-time (More than 5 years)

    Pros

    While I worked at Goldman Sachs in Melbourne, the people there were smart, ambitious and very hard-working. There was a great culture: my colleagues were the salt of the earth. At the time, I would have recommended this job to anyone willing to learn and work hard. I've seen plenty of additional opportunities given to those who were willing to spend a few years in overseas offices.

    The people here are very human, and I made many lasting friendships despite the stressful work environment. There are many stories of employees going through personal hardship (sickness, or sickness in the family), and the entire company immediately dropping the whole "rat race" mentality, and supports the employee in their time of need.

    Cons

    The company works its people very hard: expect long hours and late nights. I would recommend working here just long enough to learn everything you need to learn and to include the prestige on your c.v.

    Upper management has a "shark tank" mentality, pitting colleagues against each other to compete for a single role.

    From an Australian perspective, it's quite difficult to advance your career within the company without doing long stints of overseas work. The Australian office was shrunk substantially: don't expect a stellar career if you stay in Melbourne or Sydney.

    Advice to Management

    Working for Goldman Sachs Australia is not nearly as glamorous as it used to be, and not nearly as good as working for, say, Goldman Sachs in New York or London. Be sure to set realistic expectations among the graduate candidates. Apart from that, keep up the good work!


  10. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at Goldman Sachs full-time (More than 5 years)

    Pros

    Excellent learning and opportunity to grow

    Cons

    Complex bureaucracy and lengthy approval process