Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $100K annually. When we consider tenure, a substantial portion of employees (39 percent) have been working for one to four years and make approximately $73K per year on average.
VPs of Information Technology are the best paid with the average salary hovering at around $138K annually; VPs of Operations, Software Engineers, and VPs of Finance also rank near the top of the list, pulling in $122K, about $90K, and $89K, respectively. Among the lower-paid positions at The Goldman Sachs Group, Inc. are Operations Analysts — the median salary for this role approaches $51K.
When it comes to location, the highest average paycheck (approximately $99K per year) can be spotted in Jersey City, N.J.; New York, N.Y. (about $99K), Chicago, Ill. ($91K), and San Francisco, Calif. ($80K) are the next top-paying cities. On the lower end is Salt Lake City, Utah at around $56K. By state, Illinois offers the highest pay at $104K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Security Dealers, who make $225K per year. Earning an Uniform Securities Agent State Law Holder certification garners significant financial rewards of $127K annually on average. The highest-paying degree here is a Master of Business Administration (MBA), Economics and Mathematics; The Goldman Sachs Group, Inc. awards about $375K to these degree-holders.
The best-paying skill to have in this role appears to be Java; employees who claim this ability report median compensation of around $88K per year. Folks here also tend to know Financial Analysis; on the survey, slightly less than a fifth of workers named it in their skills portfolios. Other top skills include Project Management, Microsoft Excel, and Data Analysis.
Benefits and Perks
Benefits packages do tend to lack paid time off; The Goldman Sachs Group, Inc. gives paid vacation days to a quarter of employees and sick leave to one-seventh of employees. Most survey participants save up for retirement through a 401(k) plan. The Goldman Sachs Group, Inc. provides health insurance to almost all employees, and most employees do receive dental coverage. The Goldman Sachs Group, Inc. employees also enjoy perks such as gym membership, life insurance, tuition reimbursement, and relocation expenses.