Goldman Sachs Salaries

2,584 total salary submissions
Avg. Hours Worked (98%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

66.6
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (97%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.5
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Goldman Sachs Salary

3.6
Total Median Pay
$122,750
Median Base Pay
$85,000
Median Bonus Pay
$37,750

How much does Goldman Sachs pay?

Base range:
$50,000 - $150,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$5,000 - $100,000

Goldman Sachs pays an average salary of $85,000 per year. This base compensation is the equivalent of $43 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Goldman Sachs based on our data is actually 67 hours, which would bring down the true effective hourly rate to $26 on average. If you include the average bonus of $37,750, then the total average pay at Goldman Sachs would be $122,750 per year or $38 per hour at the 67 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Goldman Sachs pays the highest-paid employees over $185,000 a year, while the lowest-paid employees are paid less than $80,000. Goldman Sachs employees in different groups or divisions tend to have different salaries as well.For example, employees in the Structured Products sector earn an average yearly salary of $219,000.While employees in the Compliance sector earn an average yearly salary of $53,750. Additionally, geographic location can impact the compensation for employees at Goldman Sachs as well. Based on the WSO data, Goldman Sachs employees in Houston and New York get paid the most.

Goldman Sachs Salaries

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Highest Paying Jobs at Goldman Sachs

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Vice President
Year 2019
Job Title Vice President
Group/Division N/A
Location Singapore
Pay Rate/Type
Bonus
Managing Director
Year 2019
Job Title Managing Director
Group/Division Mergers and Acquisitions
Location New York, NY, USA
Pay Rate/Type
Bonus
Managing Director
Year 2000
Job Title Managing Director
Group/Division Equity Research
Location New York
Pay Rate/Type
Bonus
Managing Director
Year 2016
Job Title Managing Director
Group/Division Private Banking
Location New York
Pay Rate/Type
Bonus
Managing Director
Year 2003
Job Title Managing Director
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
Director
Year 2019
Job Title Director
Group/Division Mergers and Acquisitions
Location York
Pay Rate/Type
Bonus
Managing Director
Year 2022
Job Title Managing Director
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
Managing Director
Year 2022
Job Title Managing Director
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Debt Capital Markets
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2010
Job Title Vice President
Group/Division FICC - Fixed Income Currency and Commodities
Location New York
Pay Rate/Type
Bonus

Average Pay by City for Goldman Sachs

Below we use 2,584 salary submissions to order the is the total average compensation by city for Goldman Sachs. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is Houston, where employees earn an average salary of $145,000.

Salaries by Location at Goldman Sachs

Rank
City
Total pay Range
Range of $/hr
Houston
Rank 1
City Houston
Total pay Range $85,000 - $175,000
Range of $/hr $43/hr - $88/hr
New York
Rank 2
City New York
Total pay Range $85,000 - $175,000
Range of $/hr $43/hr - $88/hr
San Francisco
Rank 3
City San Francisco
Total pay Range $108,000 - $153,000
Range of $/hr $54/hr - $77/hr
London
Rank 4
City London
Total pay Range $68,000 - $137,800
Range of $/hr $34/hr - $69/hr
Chicago
Rank 5
City Chicago
Total pay Range $65,000 - $130,000
Range of $/hr $33/hr - $65/hr
Los Angeles
Rank 6
City Los Angeles
Total pay Range $67,000 - $119,988
Range of $/hr $34/hr - $60/hr
Hong Kong
Rank 7
City Hong Kong
Total pay Range $70,000 - $115,060
Range of $/hr $35/hr - $58/hr
Dallas
Rank 8
City Dallas
Total pay Range $56,000 - $110,000
Range of $/hr $28/hr - $55/hr
Jersey City
Rank 9
City Jersey City
Total pay Range $65,000 - $93,000
Range of $/hr $33/hr - $47/hr
Salt Lake City
Rank 10
City Salt Lake City
Total pay Range $50,000 - $73,000
Range of $/hr $25/hr - $37/hr

Goldman Sachs Salaries by Department

Salaries at Goldman Sachs depend on the group, division, department or function. Employees who work in the Structured Products group tend to get paid the most at at Goldman Sachs, earning an average yearly salary of $219,000. Employees in the Trading receive relatively high salaries as well, where wages average $202,500 per year. A division that does not pay as well at Goldman Sachs includes the Compliance group, with employees earning $53,750 on average.

Rank
Department
Average Pay
Average Hourly Pay
Structured Products
Rank 1
Department Structured Products
Average Pay $219,000
Average Hourly Pay $110/hr
Trading
Rank 2
Department Trading
Average Pay $202,500
Average Hourly Pay $101/hr
Investment Research
Rank 3
Department Investment Research
Average Pay $175,000
Average Hourly Pay $88/hr
Healthcare
Rank 4
Department Healthcare
Average Pay $170,000
Average Hourly Pay $85/hr
Quantitative Research
Rank 5
Department Quantitative Research
Average Pay $152,500
Average Hourly Pay $76/hr
Equity Capital Markets
Rank 6
Department Equity Capital Markets
Average Pay $150,000
Average Hourly Pay $75/hr
Debt Capital Markets
Rank 7
Department Debt Capital Markets
Average Pay $147,500
Average Hourly Pay $74/hr
Leveraged Finance
Rank 8
Department Leveraged Finance
Average Pay $147,500
Average Hourly Pay $74/hr
Sales And Trading
Rank 9
Department Sales And Trading
Average Pay $144,500
Average Hourly Pay $72/hr
Restructuring
Rank 10
Department Restructuring
Average Pay $144,362
Average Hourly Pay $72/hr

Recently Added Goldman Sachs Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Associate
Year 2024
Job Title 1st Year Associate
Group/Division Engineering
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2023
Job Title 3rd+ Year Analyst
Group/Division Technology, Media and Telecom (TMT)
Location The Peak
Pay Rate/Type
Bonus
Senior Vice President
Year 2023
Job Title Senior Vice President
Group/Division Sales
Location Salt Lake City
Pay Rate/Type
Bonus
Senior Vice President
Year 2023
Job Title Senior Vice President
Group/Division Sales
Location Salt Lake City
Pay Rate/Type
Bonus