Goldman Sachs Salaries

New
WPJoseph

New

WPJoseph
Aug 10, 2019 19 Comments

I am aspiring to work at Goldman Sachs in the next few years, it is going very well and I 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 (This doesn't apply to Goldman but is instead for other IBs as I am not guaranteed to make Goldman)

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.

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TOP 19 Comments
  • The salaries pale in comparison to FANG for the most part.

    What’s all the hype about these consulting companies and top MBA, if you can’t even make as much as FANG?!
    Aug 10, 2019 3
    • Uber
      2muchblind

      Go to company page Uber

      2muchblind
      @LinkedIn The hype comes from before around 5-6 years ago when it was common for entry-level CS grads to make less than 6 figures (or barely crack it).

      The high TCs in tech are thanks to the high stock prices, which is a pretty recent thing. Our base salaries haven’t gone up as significantly.
      Aug 10, 2019
    • Gusto
      walala

      Go to company page Gusto

      walala
      “Our base salaries haven’t gone up as significantly”.

      A lot of people at Blind missed this. If you work for FAANG or other popular company like Salesforce, almost half of your TC is from stock.

      Take that away or work for a startup that hasn’t gone public yet and your actual take home is much smaller.
      Aug 10, 2019
  • Uber
    2muchblind

    Go to company page Uber

    2muchblind
    I have no idea. But I can say that it’s less than FAANG.

    With 10 YOE at FAANG you can fetch 500-600k. (More is possible but rare.) Just saying.
    Aug 10, 2019 4
  • First of all there is no ED title at Goldman 🙄

    Secondly ... you lost me at “am about to begin work at Goldman Sachs” followed by “in the next few years” ?
    Aug 10, 2019 2
    • New
      WPJoseph

      New

      WPJoseph
      OP
      I am aware of that by the way, and I have just rejigged the wording to make it more understandable
      Aug 10, 2019
    • Ok .... also once again ... there is no ED title at Goldman .... and 3 years of VP title isn’t worth shit .. you can practically retire as a VP without ever being promoted to MD level ..
      Aug 10, 2019
  • This comment was deleted by original commenter.

    • New
      WPJoseph

      New

      WPJoseph
      OP
      It is indeed IB
      Aug 10, 2019
  • New / Eng
    M.L.Eng

    New Eng

    PRE
    Amazon
    M.L.Eng
    Are you in NY or UT?
    Aug 10, 2019 1
    • New
      WPJoseph

      New

      WPJoseph
      OP
      I will probably decide to be based in NY
      Aug 10, 2019