Comparing Overworking at Google and Goldman Sachs

While the term "overworked" might vary in perception between different companies, it often boils down to an individual's environment, commitment, and job satisfaction. This article delves into the unique perspectives of Google and Goldman Sachs regarding overworking, emphasizing the importance of sustainable performance and job satisfaction.

Understanding Overworking at Google

At Google, overworking is more about a balance between effort and effectiveness rather than mere extended hours. Googlers can switch teams easily and often do so to avoid or escape the crunch periods associated with sustained overtime. According to internal anecdotes, if senior managers force engineers to work excessive hours without providing options to change teams, it can lead to significant backlash from the company and public apologies from the managers.

Key Insights

Googlers can transition teams if unhappiness with working hours arises. Company-wide outrage can occur when managers force engineers into long hours. Senior managers who push for undue overtime have faced public apologies due to employee dissatisfaction.

Performance and Promotion at Google

According to sources involved in promotion committees at Google, emphasis is placed on sustainable performance. If an engineer spends 50 hours on a project and achieves stellar work, they may still be denied promotion if the workload is deemed unsustainable. The focus is on long-term productivity and consistent performance rather than short-term bursts of intense effort.

Key Insights

Fewer promotions are given to individuals who consistently work overtime. Sustainability of performance is crucial for career progression. Extended hours are not necessarily valued as they can lead to burnout.

Overworking in Finance: Goldman Sachs and Morgan Stanley

When it comes to the financial sector, both Morgan Stanley and Goldman Sachs have been notorious for long working hours. Rumors suggest that Morgan Stanley employees often worked 50-hour weeks, extending to 60 hours during peak periods, while Goldman Sachs employees might have worked even longer. However, the reliability of these rumors and how accurate they are, especially given the changes in company culture over the past few years, remains questionable.

Key Insights

Rumors suggest both Morgan Stanley and Goldman Sachs have been strict about long working hours. The perceived importance and difficulty of decisions made during long working hours at Goldman might be minimal. Jack of all trades, master of none: Accumulating technical debt is a common outcome of prolonged overwork.

Conclusion

The key takeaway from comparing overworking at Google and Goldman Sachs is that companies prioritize sustainable performance and job satisfaction over extended working hours. A forced or excessive work-life imbalance can lead to burnout and decreased productivity. Therefore, it is advisable to pick a job that aligns with one's values and career goals, as the question of overworking will be secondary.

Key Insights

Focus on sustainable performance over short-term gains. Employee satisfaction and balanced workload are crucial. Choose a job that aligns with your long-term career goals.

This approach ensures that employees can maintain their productivity and mental well-being, ultimately leading to more effective and efficient work.