Goldman Sachs Compensation Associate salaries in India

Likes

...S makes you feel like you’re staying 5 star hotel very supportive staff members. Gym reimbursement Bonus Insurance etc

Dislikes

Toxic work culture Promotion is based on favouritism of Team manager. Floor is divided in two parts Bangalore and Hyderabad. Bangalore people who are staying in Hyderabad yet hate Telangana people. Lot of micro management.

Likes

Flexible hours 3 times food(Paid) Cab service(Paid)

Dislikes

Some internal language will be disadvantage if you go outside GS Few technologies are very legacy Micromanagement Salary is low as compare to competitors Partiality if you're not from tier 1 college Not much benefit

Likes

Not much, the office campus is good, but gets too crowded. People are talented, smart and willing to share knowledge.

Dislikes

The office cublicle spacing allows no privacy or personal space. Employees are expected to toll 12+ hours everyday, sometimes even on weekends for no extra pay. Work-life balance is non-existent. The office politics is just mind-numbing, where no importance is given to talent, merit, skills or work-ethics. What matters for appraisals and promotion is just how much of a bootlicker. Company culture makes GS a toxic place. Beware of the false marketing.

Likes

Except for a small handful of people who were suffering equally, practically nothing.

Dislikes

Almost everything. Destroyed both my mental AND physical health. Didn't even get the GS typical high salary because so much depends on politics and buttering up to seniors that I came under the bottom wrungs although I worked well. Was way too stressed daily feeling like just another eaisoy replaceable cog in the machine. Not at all people-feiendly, nobody cares for you, managers don't root for you. Some managers in fact actively suppress you and tell you not to highlight ypur academic achievements because others in the team including the manager are from substandard universities and it was giving them an inferiority complex, making them actively isolate you. Some roles even require unpaid work on weekends quite regularly.

Likes

Goldman Sachs offers a very conducive work environment and will help any individual build a strong professional network of smart and highly thoughtful people. As for job security, there was recently a round of layoffs in the Bengaluru and Hyderabad offices, but the Risk division remained largely unimpacted by it, as this is a more federation mid/back office role.

Dislikes

The compensation is not very competitive anymore. Gone are the days (roughly 5 years ago or older) when Goldman Sachs was ranked among the top paymasters in IITs and other engineering colleges. This can also be felt in how the firm treats its employees, they are aggressively looking to cut costs with perks and other basic office facilities. Work at Goldman Sachs can also be very monotonous in that daily deliverables are simply regulatory reports that are submitted daily, with only the data being refreshed every day. Not too relevant to the analytics & reporting roles, but Goldman Sachs has often been criticized for the age-old tech stacks and infrastructure in place, which hindered progress many times. As others have opined, do agree with the statement that promotions do not hold a lot of value at Goldman Sachs.