CompensationJun 7, 2019

How is the salary progression at Goldman?

How is the salary progression at Goldman sach for different roles ,Analyst,Senior Analyst ,Associate ,VP.

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LinkedIn rTxv02 Jun 7, 2019

Analyst: Base 95k-110k Bonus 50k-100k, Senior Analyst: 100k-130k Bonus 50k-100k, Associate 120k-175k Bonus 50k-150k, VP: 150k-200k Bonus 75k-175k. All depending on desk and economic cycle. In a bad market all the bonus numbers could be lower. No more prop trading, less lucrative sales & trading.

Bank of America cwed1234 OP Jun 8, 2019

Thanks you.Is this is in trading ,finance or technology ? Also how much is the average hike every year ?

LinkedIn rTxv02 Jun 8, 2019

Sales and trading as well as the IB. Maybe strats too. Technology pays less across the board unless you’re working on systematic strategies. The rule in finance is you get paid if you’re responsible for capital and take risk. Average hike is maybe 10%. The trajectory is different. Early pay grades don’t make as much as they do in tech, but MDs, portfolio managers and above make much more.

Chase Aspire01 Jun 8, 2019

In IT, bonus for Analysts and Associates are around 10k to 15k.

Bank of America cwed1234 OP Jun 8, 2019

I see and the base?Do you know how much does an associate with 3 years of experience makes in internal audit division ?

Chase Aspire01 Jun 8, 2019

Base is similar to what rTxv02 said

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ltMc51 Feb 7, 2022

And do you know the salary of a new analyst (operations-asset management) in Dallas salary?