Goldman VP salary 3.1 million, possible?

Google / Eng
Fd(8jk

Go to company page Google Eng

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Google
Fd(8jk
May 28, 2019 31 Comments

I heard a friend of a friend working at Goldman (vp since 2 years) in trading division earned about 3.1 million total comp, with majority being in stocks and in hand cash for the year as 600k. (i dont have the exact breakdown)

Does that sound reasonable, or is it basically bluffing? The range I have seen online is about 150k + bonus

A couple of questions :
How does comp work at goldman? At a vp position, is majority of ur comp in stocks or base + bonus?

If the comp is so high, why don't more people switch to Goldman from Faang?

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TOP 31 Comments
  • New / Mgmt
    eatsUber

    New Mgmt

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    Cisco
    eatsUber
    Easily possible. SVP In my company Cisco makes 10-15m
    May 28, 2019 12
  • Intel
    qmmm66

    Go to company page Intel

    qmmm66
    I've not worked there and don't know the TC but I do know that even fresh Masters grads have gotten VP title there. Read somewhere that it makes clients feel important when they deal with a VP so many get the title.
    May 28, 2019 1
  • Citibank / Data
    noisyedge

    Go to company page Citibank Data

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    Think Big Analytics
    noisyedge
    A high performing VP would make half of that base. MD's would be closer to that base and still short. That TC is what GS partners pull.
    May 28, 2019 4
  • New
    kbyi45

    New

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    Amazon
    kbyi45
    No. VP at GS in trading is a low level title. No partner would let him keep that comp.
    May 29, 2019 0
  • Amazon / Mgmt
    EFx81

    Go to company page Amazon Mgmt

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    Veritas Software
    EFx81
    In general, for Banking organizations -
    AVP = Team Lead (SDE-2)
    VP = Manager (SDE -3)
    So, whatever you heard is a bluff.
    May 28, 2019 1
    • Hubspot
      xyzero8

      Go to company page Hubspot

      xyzero8
      Can confirm. VP is the equivalent of a sr. Manager at most in tech. They have to report to managing directors or executive directors who may be in the $1M range depending on YOE.

      Source: came from banking
      Jan 5, 2021