Goldman Sachs sucks!!!!

I get a call from GS about a job. One of their analyst mentioned my name to VP about role. I meet with 8 people and get offer. Rumor is they pay very well. I get my offer… 3k more then I currently make and they will not buy out bonus. Sure…sign me up… Yeah right…

I don’t get it. Are you being sarcastic? Did this really happen to you?

Yes it did. I asked about my 8 months of current bonus… GS… we pay pro rated from when you start. I asked about my yearly raise which would be more then 3k GS… we pay a lot in bonus… How much? GS… depends

Tell them you’ll join at the end of the year, if they don’t like it then tough shat.

GS is my dream employer. Why are you complainin’?

A lot of places, GS included, don’t buy out your bonuses – it really depends on your situation as well as the timing of hiring. We always want more, but I wouldn’t lose sleep over it if I were you if the rest of the opportunity looks good.

I turned them down. rockstar… I also would love to work there but not going to lose $$$ to join. Would you say the GS name is worth 50k - 80k?

I held out for 6 weeks then declined.

Don’t you think in the long term, yes, when you have a big name under your belt? 50-80K one year, as opposed to if you wanted to switch from GS to another, you would be worth more. No use in crying over spilled milk. I’m sure you made the right choice at the time, and everything happens for a reason, so kudos!

Good point but its just a name. Not taking anything from people that currently work there.

I’d love to be you in September (come recruiting season), having the power to sit on an offer for 6 weeks then say, “no thanks b!*ch”. Although, i wuld say “yes”

They were hiring 10 people. Sure they found a ton of others that were wetting their pants to sign on. They actually were pissed I said no.

Goldenboy09, what group were you interviewing for?

Goldenboy09…was your bonus from your current employer likely to be around the $50k figure?! What is your current role??

rather not say group fremantle…yes I am currently at another BB

maybe just as well you kept away: FT.com - Companies US & Canada Job fears mount as Goldman sheds staff Jun 22 2008 23:51 Bankers fear the pace of job losses in the investment banking industry is set to accelerate during the summer after it emerged that Goldman Sachs cut staff at its investment banking division last week

nice find

goldenboy09 Wrote: ------------------------------------------------------- > I turned them down. > > rockstar… I also would love to work there but > not going to lose $$$ to join. > > Would you say the GS name is worth 50k - 80k? Yes. You messed up big.

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JoeyDVivre Wrote: ------------------------------------------------------- > goldenboy09 Wrote: > -------------------------------------------------- > ----- > > I turned them down. > > > > rockstar… I also would love to work there but > > not going to lose $$$ to join. > > > > Would you say the GS name is worth 50k - 80k? > > > Yes. You messed up big. depends on the role he gave up - 50-80 is not a lot for a front office energy trading (i think this is what he does), however, if he is in the MO then that’s a fair bit of cash to give up and there is probably little scope to move upwards etc.