GS Pay Adjustment in August

Come August, DJ Sol will/ should announce the pay increment for his junior bankers.

1. What are the expectations? Will they simply do the 100K (AN1) / 175K (ASO1) match, or will they exceed?

2. If pay gap is closed, will GS regain some of its former recruiting prowess?

Speculating, but I think GS will try to compensate above market (BB), and close the pay gap between them and the EBs.

5 Comments
 

In my  group meeting with group heads yesterday, they told us no base increase at the moment, but we should expect higher bonus due to record-breaking performance of group 

 
Most Helpful

they're such clowns, the arrogance you have to have as the management to think that working at goldman sachs offers opportunities that other firms don't is unbelievable, its not 2004 they're not the masters of the universe they clearly still think they are. it also just shows all their talk about caring about its people so deeply is just that, talk 

 

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