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Average Salary for The Goldman Sachs Group, Inc. Employees

Headquartered in New York City, New York, The Goldman Sachs Group, Inc. offers a range of employment opportunities in the financial services industry, from Financial Analyst to VP of Information Technology. The Goldman Sachs Group, Inc. employees can expect to earn a comfortable salary, with average pay hovering around $92K annually. Your job title is the biggest factor affecting pay for The Goldman Sachs Group, Inc. workers, followed by geography and how long you've been working. This overview is based on answers to PayScale's salary questionnaire.

How This Employer Pays

The Goldman Sachs Group, Inc. typically pays:
7%
above market

Similar employers pay:
6%
above market
Employer: The Goldman Sachs Group, Inc.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
[-]Financial Analyst (17)
$49,316 - $96,299  
   
[-]Financial Analyst (17)
Salary$44,458 - $72,326  
   
Bonus$2,825 - $31,000  
Total Pay$49,316 - $96,299  
[+]Vice President (VP), Information Technology (IT) (12)
$124,449 - $197,891  
   
[+]Vice President (VP), Information Technology (IT) (12)
Salary$107,194 - $175,452  
   
Bonus$10,137 - $55,234  
Total Pay$124,449 - $197,891  
[+]Operations Analyst (12)
$43,605 - $102,765  
   
[+]Operations Analyst (12)
Salary$42,714 - $97,871  
   
Bonus$1,168 - $12,186  
Total Pay$43,605 - $102,765  
[+]Investment Banker (7)
$67,678 - $296,624  
   
[+]Investment Banker (7)
Salary$57,984 - $192,406  
   
Bonus$6,545 - $139,469  
Total Pay$67,678 - $296,624  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 10 Nov 2014 | Individuals Reporting: 213
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The Goldman Sachs Group, Inc. Details

Address:

200 West Street
New York City, New York 10004

Year Established:

1869

Industries:

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

Number of Employees:

30,522

Also Known As:

Goldman Sachs, Goldman Sachs & Co
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Jobs

Typically, VPs of Information Technology are the best paid with salaries hovering at about $133K; VPs of Finance, Investment Bankers, and Software Engineers also rank near the top of the list, pulling in around $120K, $100K, and $98K, respectively. Near the bottom at The Goldman Sachs Group, Inc. are Operations Analysts, pulling in just $47K.

Locations

Median pay is highest in Chicago (approximately $125K per year), followed by Jersey City ($111K), New York (around $97K), and San Francisco (approximately $74K). At about $52K, Irving is home to some of the lowest pay in the country. Across The Goldman Sachs Group, Inc.'s U.S. offices, employees in the state of Illinois earn the most, taking home $125K annually.

Years of Experience

For those with at least five years experience, pay generally amounts to $103K. In a nutshell, the largest fraction of The Goldman Sachs Group, Inc. people (37 percent) have been in their field for one to four years and earn approximately $69K per year.

Certifications and Degrees

Licensed Security Dealers receive bigger paychecks ($125K) than those without credentials. Acquiring certification to be a Sun Certified Java Programmer is rewarded at $120K annually. The best paid folks at The Goldman Sachs Group, Inc. have a Bachelor of Engineering in Computer Engineering (CE), earning $134K per year.

Skills

In this position, it pays to have C++ in your toolkit; employees who claim proficiency enjoy a higher median salary of around $101K. One of the more prevalent skills at The Goldman Sachs Group, Inc. is Financial Analysis, with about a fifth considering it a key competency. Employees also tend to round out their skills sets with Data Analysis, Microsoft Excel, and Java.

Benefits and Perks

Paid time off is hard to come by at The Goldman Sachs Group, Inc.; the company rewards only 31 percent with paid vacation time and only a fifth of workers with sick leave. Almost all employees take advantage of the 401(k) plan that The Goldman Sachs Group, Inc. sponsors. Nearly all workers receive health insurance, and a solid majority of workers get dental coverage. Privileges also include life insurance, gym membership, tuition reimbursement, and relocation expenses.

The Goldman Sachs Group, Inc. Job Listings

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Work Stress (?)

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Job Flexibility (?)
Highly flexible
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Highly flexible
Typical Benefits
Vacation Weeks
2.9 Weeks
3.3 Weeks
3.3 Weeks
Gender Breakdown
36%
63%
41%
58%
40%
59%
Years of Experience
<1
1-4
5-9
 
 
 
1-4
5-9
10-19
 
 
1-4
5-9
10-19
 
Popular Perks
401(k), Paid Holidays / Vacation, Life Insurance/Disability
401(k), Paid Holidays / Vacation, Paid Sick Leave
401(k), Paid Holidays / Vacation, Paid Sick Leave

Key Stats

Gender

Female

37 %

female alumni

Male

63 %

male alumni
Salary
$47,752 - $90,229
Salary
$47,652 - $120,951

Years of Experience

Less than 1 year
14%
1-4 years
37%
5-9 years
29%
10-19 years
18%
20 years or more
3%

Job Satisfaction


Highly satisfied
Rated 4 out of 5
based on 39 votes.

Company Locations for The Goldman Sachs Group, Inc.

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