Years of Experience
For those with five to nine years of experience, average earnings amount to about $101K per year. Overall, the greater share of The Goldman Sachs Group, Inc. folks have one to four years of experience and earn an average approximately $71K annually.
Earning $127K per year on average, VPs of Information Technology receive the most money, followed by VPs of Operations (around $125K), VPs of Finance ($118K), and Investment Bankers ($110K). Near the bottom at The Goldman Sachs Group, Inc. are Operations Analysts, pulling in an average of just $48K.
When it comes to location, the highest average paycheck ($111K annually) can be spotted in Jersey City, N.J.; New York, N.Y. (around $99K), Chicago, Ill. ($91K), and San Francisco, Calif. (approximately $74K) are the next top-paying cities. Expected earnings are below average (about $56K) in Salt Lake City, Utah, one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of around $109K per year) in New Jersey.
Certifications and Degrees
Licensed Security Dealers are compensated at a much higher rate than non-authorized workers, bringing in close to about $148K annually. On average, salaries rise to approximately $134K per year for accredited Uniform Securities Agent State Law Holders. The best paid folks at The Goldman Sachs Group, Inc. have a Master of Business Administration (MBA), Finance, earning $162K annually.
The highest-paying skill to have in this role seems to be Java/J2EE; employees claiming this as part of the toolbox earn a median of $121K per year. It's pretty common to find people here who know Financial Analysis; just under a fourth consider it a key competency. Other skills in demand are Data Analysis, Project Management, and Microsoft Excel.
Benefits and Perks
A quarter of workers have paid vacation, and only about a sixth of respondents can take paid time off for illness. Most survey participants contribute to 401(k) savings accounts sponsored by the firm. Health insurance is part of the package for the vast majority of employees, and for a large number of employees, dental coverage is too. The Goldman Sachs Group, Inc. folks also make good use of gym membership, life insurance, tuition reimbursement, and relocation expenses.