I am about to begin work at Goldman Sachs in the next few years and wanted to know if the salaries I am currently being quoted seem correct to you guys? They are as follows: 1st Year Analyst - ($80k salary + $40k bonus) = $120k 2nd Year Analyst - ($90k salary + $60k bonus) = $150k 3rd Year Analyst - ($100k salary + $80k bonus) = $180k 1st Year Associate - ($120k salary + $80k bonus) = $200k 2nd Year Associate - ($140k salary + $105k bonus) = $245k 3rd Year Associate - ($160k salary + $130k bonus) = $290k 1st Year VP - ($180k salary + $140k bonus) = $320k 2nd Year VP - ($200k salary + $150k bonus) = $350k 3rd Year VP - ($210k salary + $160k bonus) = $370k 1st Year ED - ($225k salary + $175k bonus) = $400k After this it should theoretically be possible to make Managing Director (my ultimate aim) Please let me know any changes I should make to this forecast at any level, as I am particularly unsure on VP and ED, which seem low to me.
Details my friend. Location? division? Details matter
Starting in the next few years? Lol These numbers are highly suspect
ED and VP is the same
what group?
Quoted by whom, HR? I never heard of anyone receiving a breakdown of salary for practically their entire career trajectory. Depends on various factors like performance for example. That being said it also varies on what department; what role will you be doing.
Oh, you haven't started yet, very much depends on which team/business you are in. No one is going to pay anywhere close to that amount if you are not in front office
Seconded. These are investment banker comp bands for GS.
Bonuses are way off even if you are in front office...Base looks somewhat legit till 2nd year VP
Why are bonuses way off?
You’re quoting investment banking salaries. Is that what you’re going into?
Holy shit if this is true then GS for software sounds decent.
Sure you can find someone who did this
I am yet to receive my bonus but this is the same stuff I have been told
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Business side? Seems high even for front desk trading tech