The highest average salaries go to VPs of Information Technology, who bring in close to $142K annually, though VPs of Operations are not far behind at $120K along with VPs of Finance (approximately $100K) and Software Engineers (about $95K). Financial compensation for Operations Analysts is rather low — on average only around $53K — relative to the rest of the company.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $96K per year. The greater proportion of employees (35 percent) report one to four years of experience and bring home median pay of approximately $72K annually.
When it comes to location, the highest average paycheck ($96K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($94K), Dallas, Texas (about $81K), and Chicago, Ill. ($80K) are the next top-paying cities. At around $57K, Salt Lake City, Utah is home to some of the lowest pay in the country. By state, the highest compensation levels appear in Illinois, where the average salary is $92K annually.
Certifications and Degrees
Monetary compensation comes to $125K per year for Uniform Combined State Law Holders, far surpassing the earnings of non-credentialed workers. Earning a FINRA Series 7 General Securities Representative certification garners significant financial rewards of $113K annually on average. The Goldman Sachs Group, Inc. compensates Master of Business Administration (MBA), Economics and Mathematics-holders the most at around $375K per year.
When it comes to skills, employees who report Java among their abilities seem to make the most, reporting a median income of approximately $88K annually. A common skill in The Goldman Sachs Group, Inc.'s work force is Microsoft Excel; nearly one-fifth of survey participants report using it on the job. Financial Analysis, Data Analysis, and Project Management round out the set of key employee skills.
Benefits and Perks
Just 19 percent receive paid time off. Most respondents set aside retirement funds in an employer-sponsored 401(k). Health insurance is part of the package for most workers, and for a large number of workers, dental coverage is too. Additional benefits of working here are gym membership, tuition reimbursement, life insurance, and relocation expenses.