Employee Reviews
(Winged ratings measure job satisfaction on scale of 1 to 5)
Anonymous shared this review of Goldman Sachs, United States on Dec 11th, 2023
"Given the up or out culture if you choose to be focused on raising kids, you will be pushed out (same for men but it take a bit longer for them). And if you don't choose that, why have kids? Initially I didn't want kids, but my husband convinced me to try and once I had them I wanted to enjoy them so I had to move elsewhere after 6 good years plus a few months when I started to see the signs that I am not appreciated anymore after having my first child... Maybe I should not have waited for bonus time to receive confirmation, but I was able to move on soon after that to a better fitting role."
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"Not sure"
One thing Goldman Sachs can improve?
"Improve my compensation"
Position or Department
Software Engineer, IT
Recent Salary
>$150k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Policies
Is paid parental leave offered, and if so, how much?
"Yes"
12 Weeks Paid | 0 Weeks Unpaid
Would you recommend Goldman Sachs to other women?
"Maybe"
How supportive is your manager?
1
2
3
4
5
Which benefits are offered?
Fertility, Parental leave, Pension, Childcare, Health care
Want to submit a response?
Anonymous shared this review of Goldman Sachs, United States on Dec 7th, 2023
"Depends on the team you work for - it can be a hit and miss. Lots of politics and very hierarchal "
Are women & men treated equally?
"Yes"
Does the CEO support gender diversity?
"No"
One thing Goldman Sachs can improve?
"Improve my compensation"
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours
Is paid parental leave offered, and if so, how much?
"No / Unsure"
Would you recommend Goldman Sachs to other women?
"No"
How supportive is your manager?
1
2
3
4
5
Which benefits are offered?
Parental leave, Pension, Health care
Want to submit a response?
Anonymous shared this review of Goldman Sachs, United Kingdom on Nov 30th, 2023
"Coming full time to the office as mandatory requirement for everyone."
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"Not sure"
One thing Goldman Sachs can improve?
"Improve my compensation"
Position or Department
Executive Director - Global Banking Markets - ECM S&T, Finance
Recent Salary
$80k-$100k
Recent Bonus
$10k-$20k
Level of Flexibility
1
2
3
4
5
Work-Life Friendly Attributes:
Hours, Culture
Is paid parental leave offered, and if so, how much?
"No / Unsure"
Would you recommend Goldman Sachs to other women?
"Maybe"
How supportive is your manager?
1
2
3
4
5
Which benefits are offered?
Parental leave, Childcare, Health care
Want to submit a response?
Anonymous shared this review of Goldman Sachs, United Kingdom on Oct 1st, 2023
"How easy is to get ED (VP2 4 US colleagues)@S&T/Global Markets in London? If you know how to play the corp. game and diversity card it is possible without qualification, weak education etc. Common misconception is it is difficult not being sb protégé. Well, I was recruited last year by direct HR approach (typically for +VP grades)
However, I can call myself very lucky as HR on-board me although:
- I was disciplinary terminated @BofA in 15’ focusing on the last employer instead. Lucky this hasn’t impacted my screening, most banks perform much detailed checks further in history!
- I'm 100% non-TARGET (Uni, MBAs, background etc)I have low (3.6/5.0) M.Sc. Marketing/Accounting of Eastern Europe UNi, non target even there, 2nd degree- but never finished back at home, started ACCA which failed after 1st exam, same goes to FCA etc.
An obvious trick was do buy instead MBA(nb fails those!) the cheapest London’s MBA(100% pass rates+ CMI incl. for free) nb cares, West London at the end my programme which I had to extended, luckily merged with City Uni - what confused HR as it is still same low quality with other slightly better label).
Most banks won’t even care about those, somehow GS/Morgan HR’s need tick this off for any promotion, won’t even consider it as any value as you can easily cheat and outsource most assignments to copywriters like most ppl did. Professional qualification in other hand requires sacrifice doing everything all exams by yourself, what was/is challenge for expats not fluent in English. Have you wondered why some EDs having very weak education like me, barely know how to draft an emails and overall suck in communication (now you have an answer) not to mention being threaten by more skilled co-workers?
- I do not have Russel Group (UK)/Ivy business diploma – nothing further from this in fact, as I have graduated mediocre accounting major in one of Easter European uni, not even the most competitive major to start with, this does not make sense hearing about top schools requirements at all.
- My background by no means wasn’t FO,as I came from generic op. Firmops,CA experience, never been involved in actually sells pitching, direct clients interaction, not like most transfers to FO coming neither Risk or Research, Finance nor Markets exp
- I’m not qualified – neither FCA, FRM, ACCA etc, in fact Analyst, Assoc. I supervise are 2x more technical superb than me, as far my +15 YOE middle/back office operational support goes. I have failed FCA, so MBA with impossible to fail(100% successful rate) at West London was my way around, especially as they merged it with City Uni at final study what confused HR even more and giving other label for quality same school instead.
- For 7-8 years I got stuck as Associate, promoted in the previous company only recently because of D&I and MBA. it is difficult to call such a purchased MBA any qualifications ... unless you are just an administrator, who can be easily challenged by anyone with better sector / technical knowledge
- CHEAT TRICK there are MBAs and “MBAs”- I have completed the cheapest (budget limitation and language barrier) non-target (some called it Micky Mouse MBA) London’s MBA as typical those throw in meaningless CMI paper incl in price, both nb really cares but HR needs to tick this off – costed +£16k, which was later luckily merged with City Uni.The main requirement was pass basic IELTS test (some might laugh) not like in professional MBA programmes (GMAT) not to mentioning LSE, ISEAD and rest Russel’s Group requirements!
Most of my colleagues @GS have graduated LSE etc (for £110k-140£k eMBA) however due to language, communication I was also forced to use extensive help copywriters (fiverr, gumtee lots of them to choose from) to pass final result. One of advantages MBA over restrict self-study qualification as many people and alumni was doing the same, due to work commitments or just pure laziness etc. MBAs are more restrictive due to their costs not level, as you will not be banking expert after 1year (18mths generic program for working professionals), of course, there are exemptions, not mine.
- My communication skills although average at the best, I have never studied English language as my 1st foreign language, nor eastern accent luckily hasn’t impacted my chances. I know it is huge obstacle in other FS sectors at senior level.
- Finally if I were representing a different gender, probably not meeting diversity targets (GS it is no surprise aims to influx % women giving us a bit blind eye, I wouldn’t stand a chance among male colleagues, with CFAs, LSEs etc)
Overall I’m so grateful and happy that I can lead own team and set own targets as well recruit people suitable for business and my management own personal goals.
“The firm is committed to providing equal employment opportunity (EEO) to all qualified persons …including race, nationality, gender, religion and age.”
Well GS’s own policy isn’t followed by many, the reality is other way round. So much depends on people. I am keep telling friends that in this business critical thinking is disadvantageous, there is no space for too old, too experienced candidates, as they tend to create leaderships challenges and raising uncomfortable questions about sense and ways of doing things. Craftsmanship speed, accuracy are the most important in this role alongside soft skills managed (@ the end not the most knowledgeable or skilled is promoted!).I personally tend to recruit only young candidates, who are willing to make effort, work long hours and do not challenge supervisors causing unnecessary fractions. Why I would recruit sb you can possess a threat to my role in first place!
Ethics& Integrity: Neither GS nor my previous bank wouldn’t probably mind if I will admit that I’ve spent few years clamming council social housing benefits as well, living with my further family in their council flat and still work as Director (savings ‘000 in the process, just using loopholes).I simply used an opportunity as I was learnt doing at work and play the game.
To summarize I am not exactly a raw model for junior colleagues (sometimes) better qualified and technically skilled on the job than me, in terms of neither technicality nor especially ethics at all, but as they came to me and once you are in, who cares!
"
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"Yes"
One thing Goldman Sachs can improve?
"Promote more women into leadership positions"
Position or Department
Executive Director / VP at Global Banking Markets (S&T) - Front Office, Sales
Recent Salary
$100k-$150k
Recent Bonus
$20k-$50k
Level of Flexibility
1
2
3
4
5
Is paid parental leave offered, and if so, how much?
"No / Unsure"
Would you recommend Goldman Sachs to other women?
"Yes"
How supportive is your manager?
1
2
3
4
5
Which benefits are offered?
Parental leave, Fertility, Childcare
Want to submit a response?
Anonymous shared this review of Goldman Sachs, United Kingdom on May 24th, 2023
"Only reason why HR so much lowered a threshold for me and my application was a fact I'm a women (as Goldman after lawsuit and paying $215m compensation tries so much to get more women into front office roles).
it is great to see more women in those kind of roles (especially front office) but wining in that way i don't think is fair and discriminate others (not only men) minorities as well.
Banks and GS never get this right! One way or another...always biases."
Are women & men treated equally?
"No"
Does the CEO support gender diversity?
"Not sure"
One thing Goldman Sachs can improve?
"Promote more women into leadership positions"
Position or Department
Executive Director VP - Global Markets S&T, Sales
Recent Salary
$100k-$150k
Recent Bonus
$10k-$20k
Level of Flexibility
1
2
3
4
5
Is paid parental leave offered, and if so, how much?
"No / Unsure"
Would you recommend Goldman Sachs to other women?
"Maybe"
How supportive is your manager?
1
2
3
4
5
Which benefits are offered?
Fertility, Health care
Want to submit a response?