Average Salary for The Goldman Sachs Group, Inc. Employees

Operating out of New York City, N.Y., financial services company The Goldman Sachs Group, Inc. employs talent in positions ranging from Operations Analyst to Financial Analyst. It is not unusual for people who work at The Goldman Sachs Group, Inc. to earn generous salaries — average pay comes to $93K per year. What you do at the company plays the largest role in compensation at The Goldman Sachs Group, Inc., but your experience level and geography affect income (to a lesser degree) as well. The data for this overview comes from answers to PayScale's salary questionnaire.

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Employer: The Goldman Sachs Group, Inc.
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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 represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $141K annually — though VPs of Operations, VPs of Finance, and Software Engineers also do fairly well at $124K, around $95K, and $88K, respectively. Operations Analysts at The Goldman Sachs Group, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $51K on average) at the company.

Years of Experience

Five to nine years of work experience seem to result in median wages of about $94K per year. Overall, the greater share of The Goldman Sachs Group, Inc. folks have one to four years of experience and earn an average around $72K annually.

Locations

When it comes to location, the highest average paycheck ($100K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($99K), San Francisco, Calif. ($80K), and Chicago, Ill. (approximately $76K) are the next top-paying cities. Salt Lake City, Utah is one of the lowest-paid cities, with earnings averaging about $57K. Across The Goldman Sachs Group, Inc.'s U.S. offices, employees in the state of New York earn the most, taking home $97K annually.

Certifications and Degrees

Salaries approach about $120K per year for Sun Certified Java Programmers; non-accredited workers make much less. Uniform Securities Agent State Law Holders also rank high on the pay scale, with expected average earnings of $109K annually. The Goldman Sachs Group, Inc. workers who hold a Master of Business Administration (MBA), Economics and Mathematics are also well compensated, earning $375K on average.

Skills

The highest-paying skill in this position seems to be Java; individuals who report it as part of the repertoire have a median income of around $88K per year. A garden variety skill at The Goldman Sachs Group, Inc. is Microsoft Excel; a little less than one-fifth of The Goldman Sachs Group, Inc.'s people use it regularly. Many workers are also familiar with Financial Analysis, Project Management, and Data Analysis.

Benefits and Perks

Benefits packages do tend to lack paid time off; The Goldman Sachs Group, Inc. gives paid vacation days to one in four survey participants and sick leave to one-seventh of workers. A large number of employees save for retirement through The Goldman Sachs Group, Inc.'s 401(k) plan. Health insurance comes as part of the deal for almost all survey participants, and a large number of respondents report receiving dental coverage as well. The company also dishes out perks such as gym membership, tuition reimbursement, life insurance, and relocation expenses.

The Goldman Sachs Group, Inc. Employer Job Listings

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Key Stats for The Goldman Sachs Group, Inc.

Gender

Female
29 %
Male
71 %
Salary
$51,789 - $102,872
Salary
$49,270 - $112,742
Less than 1 year
15%
1-4 years
35%
5-9 years
29%
10-19 years
18%
20 years or more
4%

Job Satisfaction

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

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