VPs of Information Technology represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $140K per year — though VPs of Operations, Software Engineers, and VPs of Finance also do fairly well at $124K, around $104K, and approximately $95K, respectively. Financial compensation for Operations Analysts is rather low — on average only $51K — relative to the rest of the company.
Years of Experience
Five to nine years of work experience seem to result in median wages of $94K annually. Broken down by tenure, the largest share of The Goldman Sachs Group, Inc. employees (36 percent) have one to four years of experience and earn around $73K per year on average.
When it comes to location, the highest average paycheck ($104K annually) can be spotted in Chicago, Ill.; New York, N.Y. (approximately $94K), Jersey City, N.J. ($93K), and San Francisco, Calif. (about $93K) are the next top-paying cities. Salt Lake City, Utah is one of the lowest-paid cities, with earnings averaging $56K. The Goldman Sachs Group, Inc. workers in Illinois earn the most — around $104K per year on average.
Certifications and Degrees
Monetary compensation comes to $125K annually for Uniform Combined State Law Holders, far surpassing the earnings of non-credentialed workers. On average, salaries rise to about $106K per year for accredited Licensed Security Dealers. Those with a Master of Business Administration (MBA), Economics and Mathematics at The Goldman Sachs Group, Inc. come out on top, and their salaries approach $375K annually.
Benefits and Perks
When it comes to employee benefits, The Goldman Sachs Group, Inc. has room for improvement — only 23 percent are paid for vacation and sick time. Most survey participants take advantage of the 401(k) plan that The Goldman Sachs Group, Inc. sponsors. For the vast majority of respondents, benefits include health insurance, and a large number of employees get dental coverage, too. Additional benefits of working here are gym membership, tuition reimbursement, life insurance, and relocation expenses.