The highest paychecks go to VPs of Information Technology, who earn an average around $142K annually, closely trailed by VPs of Operations ($115K), Software Engineers (approximately $104K), and VPs of Finance ($100K). Operations Analysts are among the lowest paid at a median salary of about $51K.
Years of Experience
Average pay is $96K per year for those with five to nine years of experience. The largest slice of the The Goldman Sachs Group, Inc. workforce (36 percent) has been working for one to four years and earns, on average, around $71K annually.
When it comes to location, the highest average paycheck (approximately $97K per year) can be spotted in Jersey City, N.J.; New York, N.Y. ($96K), Chicago, Ill. ($80K), and San Francisco, Calif. (about $75K) are the next top-paying cities. At $64K, Salt Lake City, Utah is home to some of the lowest pay in the country. Within the company, workers earn the highest salaries (an average of $93K annually) in New York.
Certifications and Degrees
Being an Uniform Combined State Law Holder certainly has its perks — salaries approach about $125K per year and far exceed the paychecks of those without certification. Acquiring certification to be a Uniform Securities Agent State Law Holder is rewarded with median pay of approximately $109K annually. The Goldman Sachs Group, Inc. provides the highest financial reward to those with a Master of Business Administration (MBA), Economics and Mathematics — these employees rake in $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 $89K annually. A garden variety skill at The Goldman Sachs Group, Inc. is Microsoft Excel; nearly one in five of The Goldman Sachs Group, Inc.'s people use it regularly. Employees also tend to know Financial Analysis, Data Analysis, and Project Management.
Benefits and Perks
Paid time off is scarce, with only about a fifth of survey participants receiving paid vacation and about a seventh of workers receiving sick leave. Most respondents plan for retirement by taking advantage of the company-sponsored 401(k) program. A large number of employees can count on health insurance, and a solid majority of employees have dental coverage as a benefit. The Goldman Sachs Group, Inc. folks also make good use of gym membership, life insurance, tuition reimbursement, and relocation expenses.