Average Salary for The Goldman Sachs Group, Inc. Employees

Operating out of New York City, N.Y., financial services company The Goldman Sachs Group, Inc. employs talent in positions ranging from Financial Analyst to VP of Information Technology. The Goldman Sachs Group, Inc. employees take home generous earnings of approximately $92K per year on average. For the most part, employee paychecks at The Goldman Sachs Group, Inc. fluctuate depending on your job title; your experience level and your city also matter, but to a lesser degree. This overview is based on answers to PayScale's salary questionnaire.

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Employer: The Goldman Sachs Group, Inc.
Average Salary Range by Job
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About This Company

200 West Street
New York City, New York 10004

1869

Financial Services, Security Brokers, Dealers, and Flotation Companies, Investment banking, Securities Brokerage, Private equity

30,522

Goldman Sachs, Goldman Sachs & Co


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

VPs of Information Technology are the best paid with the average salary hovering at $136K annually; VPs of Operations, Compliance Associates, and Software Engineers also rank near the top of the list, pulling in about $125K, around $98K, and $87K, respectively. Among the lower-paid positions at The Goldman Sachs Group, Inc. are Operations Analysts — the median salary for this role approaches approximately $49K.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to $102K per year. The largest slice of the The Goldman Sachs Group, Inc. workforce (36 percent) has been working for one to four years and earns, on average, about $72K annually.

Locations

When it comes to location, the highest average paycheck (around $111K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($100K), Chicago, Ill. ($91K), and San Francisco, Calif. (approximately $74K) are the next top-paying cities. On the lower end is Salt Lake City, Utah at $56K. By state, The Goldman Sachs Group, Inc. employees make the most in New Jersey, earning $110K annually on average.

Certifications and Degrees

Monetary compensation comes to $125K per year for Licensed Security Dealers, far surpassing the earnings of non-credentialed workers. Acquiring certification to be a National Association of Security Dealers , Series 63 License is rewarded with median pay of $114K annually. Regarding salaries and education, The Goldman Sachs Group, Inc. pays those with a Doctorate (PhD) the most — approximately $130K.

Skills

When it comes to skills, Regulatory Compliance seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $100K per year. Financial Analysis is considered a run-of-the-mill skill; just over a fifth of The Goldman Sachs Group, Inc.'s people use it regularly. Key skills also include Project Management, Data Analysis, and Microsoft Excel.

Benefits and Perks

One in four survey participants have paid vacation, and only about one-seventh of respondents can take paid time off for illness. A 401(k) program is available, and most respondents use it to save for retirement. Perks cover health insurance for nearly all workers and dental coverage for most survey participants. Some other perks are gym membership, life insurance, tuition reimbursement, and relocation expenses.

The Goldman Sachs Group, Inc. Job Listings

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Key Stats for The Goldman Sachs Group, Inc.

Gender

Female
33 %
Male
67 %
Salary
$54,669 - $101,529
Salary
$48,419 - $121,257
Less than 1 year
15%
1-4 years
36%
5-9 years
30%
10-19 years
16%
20 years or more
3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

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