At The Goldman Sachs Group, Inc., 87 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 964 employee surveys, with a 90% confidence level and a margin of error of ± 2.56. It was published on Sep 11, 2017. 37513 Visitors

What Employees Say

People here are willing to give extra to get the job done.
94%
 
Management is honest and ethical in its business practices.
94%
 
Management is competent at running the business.
93%
 
I am able to take time off from work when I think it's necessary.
90%
 
I feel good about the ways we contribute to the community.
90%
 

What They Do

We asked The Goldman Sachs Group, Inc. to explain what they do. Here is what they had to say.

We are a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. 

About this Company

Website: www.goldmansachs.com Industry: Financial Services & Insurance
US Headquarters: New York, New York, 10282 US Sites: 29
Major Locations: New York, NY, New York, 10282; Jersey City, NJ, New Jersey, 07302; Salt Lake City, UT, Utah, 84101; Irving, TX, Texas, 75039; Chicago, IL, Illinois, 60606 US Employees: 15,236
US Revenues: $30,608 million Worldwide Revenues: $30,608 million
Employees Worldwide: 30,789 Corporate Structure: Public
Stock Symbol: GS Founded: 1869

Goldman Sachs employees in the Salt Lake City office.

Perks and Programs

We asked The Goldman Sachs Group, Inc. to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • GS Citizen: Our engineers are invited to participate in a competition to develop engineering solutions to pressing challenges in the community. Finalists receive support and sponsorship to implement their solutions which will benefit the broader community.
  • Analyst Impact Fund: Beginning in 2016, we launched the Analyst Impact Fund - an initiative which engages the firm’s junior professionals in the firm’s culture of high impact philanthropy. Teams of analysts around the world compete for a grant towards a nonprofit of their choice. This year, the winning analyst team received a grant of $150,000 for their charity, second place received $75,000 and third place received $50,000.
  • Talks at GS: Through our speaker series, Talks at GS, we convene thought leaders from a broad range of sectors to share their insight on ideas shaping the world. The series inspires creativity in our people, informing their perspectives about current events and expanding their world view. Recent speakers include Arianna Huffington, co-founder of The Huffington Post, Eddie Huang, bestselling author of Fresh Off the Boat, Julia Steyn, head of urban mobility at General Motors, and Robert Smith, founder of Vista Equity Partners.
  • Personal Finance Center: To help our people manage their finances, we provide one-on-one financial counseling, an online financial dashboard and educational seminars with subject matter experts on a range of topics, including: caring for an aging parent, education planning and saving for retirement.
  • Resilience Offerings: The firm recognizes that personal stress can affect the resiliency of our people. We have implemented resiliency offerings that include yoga, mindfulness courses, workshops for working mothers, and resilience discussions on how to effectively manage competing personal and professional demands.
  • Employee Assistance Program (EAP): We are dedicated to helping manage the inevitable stresses and strains of everyday work and life by offering a 24-hour confidential counseling service to provide all employees and their family members with a channel to discuss and resolve personal difficulties.
  • Childcare Resources: We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide counseling services, expectant parent resources and transitional programs for parents returning from maternity leave. Adoption services and stipends are also available.
  • On-Site Fitness Centers and Fitness Reimbursement Program: To encourage employees to live a healthy and active lifestyle, many of our offices feature on-site fitness centers. We also reimburse fees paid for a fitness club membership or activity for all employees and their eligible dependents (up to a pre-approved amount).
  • Tuition Reimbursement: The firm offers reimbursement to eligible employees for courses up to $10,000 per calendar year. We also provide scholarships, fellowships, and funding for preparatory courses and exams.
  • Matching Gift Program: We are committed to philanthropy and encourage our employees to give back to their communities. To demonstrate our commitment, the firm matches up to a total of $20,000 or equivalent per employee, on a one-to-one basis to eligible institutions and organizations.

COMPENSATION BY THE NUMBERS

100% Match of employee’s 401(k)/403b contribution up to 4% of salary73% Company-paid health coverage for employees
73% Company-paid health coverage for dependents 73% Company-paid health coverage for part-timers
20 hours Weekly hours required for part-timers to receive health insurance $10,000 Maximum Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k) or 403b Program
  • Restricted stock units
theSkimm co-founders Danielle Weisberg and Carly Zakin during their Talks at GS session 'CHANGING THE FACE – AND FORMAT – OF NEWS.'

WORK-LIFE BALANCE BY THE NUMBERS

22 days Paid time off after one year of full-time employment 9 days Paid time off after one year of part-time employment
9 days Paid sick days after one year of full-time employment

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule
  • Telecommute option
  • Job sharing
  • Compressed work weeks
  • Subsidized On- or Off-site Fitness (100% have access)
  • Medical facilities (at all locations)
  • Onsite Amenities (Onsite health center, onsite fitness center and classes, onsite nutritionist, onsite EAP, onsite resilience coaching, onsite physical therapy, onsite ergonomics, onsite lactation rooms, onsite backup child care, onsite expectant parent coordinators, onsite resting rooms, onsite cafeterias, onsite travel health support, discounts available to local museums and other cultural / educational facilities, discounts available on purchases through certain vendors.)

FAMILY CARE BY THE NUMBERS

80 days Average length of maternity leave new mothers take20 days Fully-paid paternity leave (does not include personal vacation or paid time off)*
20 days Average length of paternity leave new fathers take$6,000 Adoption benefit
80 days Job-protected parental leave for adoptive parents (including FMLA)*
*All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • On-site or near-site backup childcare center
  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Mental health care
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)
  • Fertility treatments

Community and Environmental Impact

8 hours Paid time off to volunteer Third-Party Conducted Environmental impact audit
Yes Sustainable commuting program Yes Renewable energy program
Yes Carbon offset program Yes Recycling program
Yes Locally-sourced food program

Diversity

  • Three people: President, Global Head of HCM and Chief Diversity Officer is responsible for the success of formal recruiting and retention diversity goals
  • Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Under-represented racial/ethnic minority groups; Women; Lesbian, gay, bisexual or transgender employees; Disabled employees; Speakers of English as a second language; Employees reentering the workforce
  • 300 events a year connect employees with peers from different racial/ethnic, religious or country-of-origin identities
  • Non-birth parents in same-sex relationships can take parental leave
  • Medical care covers gender confirmation surgery

Leadership Diversity

 

Workforce Diversity

 
A Goldman Sachs employee at a skills based Community TeamWorks event.

DEMOGRAPHICS

 
Goldman Sachs employees in the Bengaluru office.

How to Get Hired

We asked The Goldman Sachs Group, Inc. for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

At Goldman Sachs, we take great care in identifying the very best person for every job. We require a diverse workforce that meets - and exceeds - the unique needs of our clients. Finding the right individual is never an exact science, but there are several core attributes we seek in every successful candidate: a passion for excellence, an ability to collaborate, a commitment to integrity, a strong sense of client service, a willingness to learn and the drive to make an impact. In addition to these core qualities, we look for individuals who demonstrate good judgement, innovative thinking, analytical / technical abilities, strong communication skills, intellectual curiosity, and leadership potential. We do not limit our search to candidates with a particular degree, major or business background. Instead, we consider each person on the full context of his or her experience and ability to add value for the firm and our clients. 

What can prospective employees do to get your attention?

Prospective employees can get our attention by being confident in articulating their interest in the firm and a particular career path, and connecting their experiences and attritbutes to that interest.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

We are always searching for talent to fill positions across all businesses.  In the coming year, we will continue to be focused on hiring engineering and private wealth management professionals, as well as for our newly launched consumer businesses. 

What should interested candidates do to find out more and get started?

Interested candidates should explore our content on GS.com, such as "Our Thinking." This page houses key insights from our people on the global economy, markets, and topics related to our business including: the new energy landscape, macroeconomic insights, technology driving innovation, interconnected markets and public policy. In addition, it demonstrates our power to convene through conferences and speaker series such as Talks at GS. Candidates should also visit the Careers site on GS.com including our GS Snapshots interactive tool which gives candidates a look into what life at Goldman Sachs is like away from the desk, and our social media channels on LinkedIn, Twitter, YouTube and Facebook.  In addition, candidates can subscribe to our "Exchanges at Goldman Sachs" podcast and BRIEFINGS newsletter, both weekly, in order to keep up with the firm and trends shaping markets, industries, and the global economy.

hiring Outlook

2,501 Recent graduates hired
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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