Goldman employees give the company an overall rating of 3.8 on a scale of 1 to 5, compared to 3.1 for JPMorgan Chase and 2.9 for Citi.
These numbers are big. Glassdoor says of the more than 150,000 companies rated on its site, the average CEO approval rating is 62 percent, and the average company rating is 3.1.
Some of the comments about Goldman on Glassdoor show a lot of love, though not everyone is a fan:
“Competitive pay, good industry experience, smart people, fast paced, brand recognition, long term career goal/pay satisfaction, interaction with employees across the globe.”
“Politics and the consensus principle are often hugely detrimental to innovation; the innovation process takes extremely long because of this; not recommended for innovators and/or impatient people.”
“Solid place to work.”
"Hard work is recognized by managers. GS is a meritocracy, in which you are given a lot of responsibility once you have proven yourself.”
"A great place to start your career, you will get to learn a lot...Not a place to work when markets are down."
"The firm is starting to lose its luster, so it's harder to justify treating your people poorly for the sake of reputation.”
Finally, this comment is from an unnamed "Goldman Sachs Executive Director" (anyone we know?): “The 'prestige' factor for both the Firm and the industry is clearly not where it was 5-10 year ago, but it's still one of the top places to work.”
Ok, not even that last person sounded like he or she wanted to quit. Maybe Greg Smith is wrong, and Goldman is a great place to work. Or maybe he's right. Maybe the culture at Goldman has changed, and most employees are fine with that.
Maybe that's why he had to leave.
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