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.
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.
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.