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Think end of this week, early next week. And I sure hope so. Middle Bucket in our group last year for A1 was 95-100.
Wild. Good luck
Not a good benchmark for this year chief, smelling like it’ll be 50 this year
Why were bonuses so low this year, and in the future, will they return to what they should be?
This is a stupid question.
1. The bonuses haven't even come out
2. No one knows what GS management plans to do in the future with bonuses, people don't even know what they're planning to do THIS year
3. There is no "should be." Last year bonuses are astronomically high at Goldman cause of the GS-13 bad press combined with a really good year. If anything, should be will be a lot closer to earth given the year.
Right now you're literally posting threads about what school to go to and its August so I assume you're a rising senior in college thinking about applying to schools. The analyst bonuses at Goldman should be the last thing you're posting questions about
Was that based on an 85k base though? So the translated would be 70-80 if the market didnt shit the bed this year?
Really hope they suck and we get GS13 back at it..
Anyone know what product group bonuses for An1 have been historically?
delete
At the junior level, bonuses are same across financing and classic
Bump pls
Any update? Supposed to be today based on the schedule last year
Being messaged on Monday/Tuesday next week. Confirmed by a MD who will be delivering the numbers to folks
good intel
Sounds scary then. Waiting for the day/2 days after the interns leave so we don’t scare them?
Is it today boys
Hope so lol… only reason I’m going into office
good luck boys
No, it’s tomorrow morning.
Source?
London bonuses will be announced tomorrow - rumor has it that they are abysmal. Should be a fun day in that office if so...
Rumor from whom?
Stupid rumours based on glitches on internal systems
Any insights from the US teams or APAC teams?
Bump. Can anyone else confirm if tomorrow is the day??
Coming out today
Def lower than last year (as expected) but a little disappointing to the downside. 70k for A2A promo, lower top bucket, coverage. With the salary bump it's ok but nothing like previous numbers
70k for lower top bucket A2???????
what’s mid bucket for A1 and A2?
bump
Bump quick
Any idea on the range for ASO1?
bump
Probably back to normal if I had to guess. Gs chronically underpaid for years outside of 2021 bonus
Of all banks that you'd have to suspect of pulling a bait-and-switch on comp, it would be GS (outside of some LMM bucket shop or something). GS has a long and proud history of looking out for GS - not knocking on the shop, it's clearly a powerhouse. But the fact that the stock sold off on perceived excess compensation costs last year just underlines it even more. But I'd be happy to be proven wrong; not one to want overworked juniors to get underpaid.
In Classic IBD.
Every group is slightly different in how they paid per bucket as well as the number of people in each as I have friends who all got varying amounts as a standard "mid" pay. Some groups I know don't really even give lower mid or bottom bucket and it is very flat with a few exceptions here and there. In general, seemed that the goal was to beat JP and MS by a bit and be in line with BofA.
In general most A1s got between 50-60k. A2s were very varying but from what I've seen about 75-100 (a lot more nuance to this given some are leaving to PE and some people honestly just slack off and don't do much work, as such there are A2s who made less than A1s). Mixed feelings all around. Nothing to celebrate but at least we're not Barclays.
Our associates outside of the A0's are paid YE.
do you mean some A2s have total comp lower than A1s or just the bonus there lower but still higher total comp?
Bonus is lower. Have heard rumblings of 30-40k bonuses for certain A2s who just never came back into the office or checked out too early.
What are the classic groups that tend to pay higher if you don't mind disclosing?
Most pay in line and there’s so much discrepancies depending on your relationships with the seniors, your staffer, projects you’re on as well as clearly your own innate competence.
The only purely objective thing I could say is that NR and Regal in general announce fewer deals but that’s mitigated by having fewer mouths to feed. Honestly your comp at the junior level won’t vary more than ~10k between groups.
any news on the london office classics?
Classic group
A1 top bucket $90k
A2 top bucket $115k
So only the top bucket got ~90%
Sounds about right, JP top bucket was similar
These numbers are high quality, can directly confirm the A1 figure
whats A2 range / mid bucket?
GS A1 50-90
What % of ppl are getting top? Curious what the breakdown is
...........................
Is the 50-90k based on base of 85k or 110k?
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