Giving up on salary for brand name on resume - Anonymous employee Goldman Sachs Employee Review

2.0
9 Sept 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- World beating brand name to have on resume. - Company sponsorship of charitable activities (for e.g. once a year employees get to take a day off work and volunteer for a charity). - Fantastic upper level management - Depth of resources allowing you to do things which other companies might not be able to - Market leading position in most things - financial services and to a certain extent technology

Cons

- Very poor pay if not at top level, salaries are measurably lower (10-20%) than local non-for-profit organizations. Does not warrant comparison with other large for-profit organizations! - Little benefits (practically 0 dollars spent on leisure/entertainment even during festive periods) and tight training budgets - Some are too aggressively career lusting (one step too far from being career minded!) - Middle management tend to be a class below senior management, leading senior managers to say and promise but for middle management to fall short of expectations. This is especially damaging since to most employees, middle management IS the firm.

Explore other reviews about Goldman Sachs

5.0
4 Jul 2026
Recommend
CEO approval
Business outlook

Pros

good pay and nice office

Cons

work culture and office culture varies

3.0
30 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The firm encourages and supports to change teams, which is helpful in expanding experience or moving away if you aren't happy with your team

Cons

The promotion has become very opaque lately. They hardly give out promotions, but make you slog and overwork the whole year in the name of it. Basically, you have worked 200% and made to look like a fool by the end of the year.

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