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. It is not unusual for people who work at The Goldman Sachs Group, Inc. to earn generous salaries — average pay comes to $92K annually. Your role at the company plays the largest role in compensation at The Goldman Sachs Group, Inc., but how long you've been working and your city affect income (to a lesser degree) as well. The data for this report comes from responses to the PayScale salary survey.

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Employer: The Goldman Sachs Group, Inc.
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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 around $133K per year; VPs of Operations, VPs of Finance, and Software Engineers also rank near the top of the list, pulling in $125K, about $118K, and $87K, respectively. Operations Analysts are among the lowest paid at a median salary of approximately $49K.

Years of Experience

Respondents who have been working for five to nine years make $101K annually on average. Overall, the greater share of The Goldman Sachs Group, Inc. folks have one to four years of experience and earn an average around $71K per year.

Locations

When it comes to location, the highest average paycheck ($110K annually) can be spotted in Jersey City, N.J.; New York, N.Y. (approximately $99K), Chicago, Ill. (about $91K), and San Francisco, Calif. ($74K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Salt Lake City, Utah — at $56K, salaries are some of the lowest in the country. U.S. pay levels are highest in the state of New Jersey; salaries there average to $108K per year.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Licensed Security Dealers, who make $125K annually. Becoming a National Association of Security Dealers , Series 63 License can certainly pay off here; those folks make about $114K on average. At The Goldman Sachs Group, Inc., employees who hold a Doctorate (PhD) receive the highest salaries at $130K.

Skills

The best-paying skill to have in this role appears to be Regulatory Compliance; employees who claim this ability report median compensation of approximately $100K per year. It's pretty common to find people here who know Financial Analysis; somewhere between a fifth and a fourth consider it a key competency. Employees also tend to round out their skills sets with Data Analysis, Project Management, and Microsoft Excel.

Benefits and Perks

Paid time off is scarce, with only about one in four respondents receiving paid vacation and around a seventh of workers receiving sick leave. The Goldman Sachs Group, Inc. sponsors a 401(k) program, and most respondents use this option to save for their retirement. For nearly all survey participants, benefits include health insurance, and a large number of workers get dental coverage, too. A few more workplace perks are gym membership, life insurance, tuition reimbursement, and relocation expenses.

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Key Stats for The Goldman Sachs Group, Inc.

Gender

Female
34 %
Male
66 %
Salary
$54,839 - $102,226
Salary
$48,063 - $120,997

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

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