Average Salary for The Goldman Sachs Group, Inc. Employees

Based in New York City, N.Y.,financial services industry player The Goldman Sachs Group, Inc. offers many employment opportunities, including Financial Analyst and VP of Information Technology positions. People who work for The Goldman Sachs Group, Inc. earn excellent salaries of around $92K annually. Your job title primarily drives compensation; however, your city and how long you've been working are also reported as secondary influences on salary at The Goldman Sachs Group, Inc. This report is based on responses to the PayScale salary survey.

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$70K$140K$210K
[-]Financial Analyst (19)
$49,480 - $111,000  
   
[-]Financial Analyst (19)
Salary$44,563 - $83,324  
   
Bonus$4,818 - $35,745  
Total Pay$49,480 - $111,000  
[+]Vice President (VP), Information Technology (IT) (13)
$124,953 - $197,248  
   
[+]Vice President (VP), Information Technology (IT) (13)
Salary$107,467 - $174,839  
   
Bonus$10,213 - $54,808  
Total Pay$124,953 - $197,248  
[+]Operations Analyst (11)
$43,411 - $103,564  
   
[+]Operations Analyst (11)
Salary$42,500 - $98,633  
   
Bonus$1,065 - $11,224  
Total Pay$43,411 - $103,564  
[+]Software Developer (7)
$52,642 - $135,800  
   
[+]Software Developer (7)
Salary$53,185 - $121,799  
   
Bonus$1,335 - $21,838  
Total Pay$52,642 - $135,800  
 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: 26 Nov 2014 | Individuals Reporting: 219
United States (change)

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 earn the highest median pay at $137K, followed by VPs of Finance (around $120K), Investment Bankers ($100K), and Software Engineers ($98K). The Goldman Sachs Group, Inc. hands out some of the smallest paychecks to Operations Analysts (about $47K).

Locations

Median pay is highest in Chicago (approximately $123K per year), followed by Jersey City ($111K), New York (about $97K), and San Francisco (around $74K). High paychecks are not found in Irving; in fact, at approximately $52K it is one of the worst-paid cities. By state, The Goldman Sachs Group, Inc. employees make the most in Illinois, earning $123K annually on average.

Years of Experience

For those with five to nine years of experience, average earnings amount to $102K. Overall, the greater share of The Goldman Sachs Group, Inc. folks have one to four years of experience and earn $70K per year.

Certifications and Degrees

Licensed Security Dealers have significantly higher pay than non-accredited workers at about $125K. Chartered Financial Analysts with credentials can live quite comfortably; salaries come in at $117K annually. Employees who have a Bachelor of Engineering in Computer Engineering (CE) make the most here, hauling in around $134K per year.

Skills

Skill-wise, employees who report C++ as part of the toolkit report the most money, earning $101K on average. Folks here also tend to know Financial Analysis; on the survey, just over a fifth of workers named it in their skills portfolios. Data Analysis, Microsoft Excel, and Java were also reported by many survey participants.

Benefits and Perks

30 percent receive paid vacation, and only 19 percent get sick leave. Almost all employees participate in a 401(k) program. Nearly all workers can count on health insurance, and a strong majority of workers have dental coverage as a benefit. Employees can also look forward to life insurance, gym membership, tuition reimbursement, and relocation expenses.

Key Stats for The Goldman Sachs Group, Inc.

Gender

Female
37 %
Male
63 %
Salary
$47,965 - $91,228
Salary
$46,882 - $121,249
Less than 1 year
13%
1-4 years
37%
5-9 years
29%
10-19 years
18%
20 years or more
3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

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