No More GS Discount - 2021 Bonuses
With the GS salary bump announced recently, was pretty nervous it would come out of our bonuses. However, this year, the bonuses were MONSTROUS for GS Classics.
First year analyst bonuses topped at $115k, with mid / up rounding into $95k, bottom getting $75k. Second year analysts topped out at $145k in my team, with mid being $125k. With these numbers, and second year analysts now getting $125k base, seems like a top second year analyst could rack in $270k pre tax - wow.
Anyone else here in GS classics who can provide insight into their team? Sick year for industry comp as a whole.
Any insight on financing group
Are these with the old or new bases?
Any news on AFG?
This is crazy, any thoughts on whether this is to be a trend going forward?
Oh I'm gonna be hustling my ass off for that return offer next summer
why did I get MS for this?
Because nobody gives a fuck about ur GS internship
Pretty nuts, my first year associate all in comp at GS was ~$275k
Real talk - that all-in is what associates are expecting for bonus.
Really? Top 2nd yr analyst all in apparently was $270k...
.
Financing Group was also monstrous - same level 120-140k
Is this really a surprise given how many people quit before bonuses or lateraled away? Feels too low considering how much of the bonus pool remained the same with less fish to feed…
You are asking the right questions
Not exactly true here - tons of people left, but they also hired a lot of people and they were all paid full bonuses. Makes up for it.
Guess it's the MS discount now fml
Any MS peeps care to share their bonus and bucket? Idk what bucket but didn’t even break gs bottom by the numbers above
If you don't mind my asking, could you break out your base, bonus, and total comp figures for MS? Also which group and office are you in?
Would like to know as well. I heard MS bonuses were low by this year’s standards.
whens citi bonuses announced
My MD said expect numbers on August 10
In TMT, top 2nd year analyst got 150k.
Would 1x for a second year analyst be considered bottom bucket at GS then? Does anyone know how the different industry groups compared or were they all pretty similar?
Less sure across industry groups, but you get paid less if you're leaving. Topped out oat 125k if you are exiting.
The real question here would be to know whether that starts to make us too expensive to hire for PE funds
not going to be the case
Man if these bonuses are similar next year pulling in 215-235 as a first year analyst all in at GS is niceeeeee
It's GS – there is no way they will continue paying as much. They will make sure to find a way to screw you over sooner than you'd expect.
What are the comp ranges for associates?
50k - 170k
when is GS paying out? heard it's an off cycle pay date
Is GS's new base salary just for IB analysts or also PWM and Asset Management? I know the bonuses will be very different.
New GS analyst base is for all FO roles, S&T, AM, PWM effective Jan 1.
what's the new base and bonus for associates?
$175/200/225K for base. Bonus in this new era has not been announced yet. Sign-on bonus for MBA is $50K.
Thank you. Is 175k for Aso0 as well as Aso1? Asking as I'll be A2A
Any word on Houston bonuses?
Bump
will bonuses remain this high going forward or was this an outlier event considering the GS13 scandal?
No one really knows, well have to see from next year
Nihil tenetur repellat fuga at. Similique earum ad sunt error modi nemo sequi. Itaque veritatis iusto possimus ipsa nihil esse. Itaque optio ea consequatur repellendus. Mollitia tenetur ea natus fugit aspernatur vel illo illo.
Quo dolores quod sapiente voluptas eum. Ducimus ut laudantium culpa. Quia omnis occaecati inventore architecto. Illo et reiciendis corrupti et ea placeat non.
At repellendus necessitatibus non minus deserunt sint exercitationem. Quo temporibus et magni accusantium molestiae. Qui amet consectetur at quia. Nulla omnis a ut. Quam amet et excepturi laboriosam et voluptatem.
Accusamus assumenda vel et id qui ea error. Excepturi voluptas voluptas maxime pariatur quaerat et voluptatem doloremque. Quaerat qui sequi et et nostrum iusto repudiandae voluptas. In optio ex officia sunt quo delectus reiciendis. Fugiat numquam in ex eveniet et omnis distinctio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Explicabo earum ea consequatur sed explicabo. Expedita alias dolor dicta corrupti ut laborum. Inventore quia natus officiis totam quibusdam eum consequatur. Beatae illo odit eum perspiciatis facere est et. Natus impedit corrupti eius voluptatibus ipsam assumenda corporis assumenda. Praesentium sit explicabo itaque porro quis qui.
Totam consequuntur possimus accusamus voluptatem. Culpa blanditiis qui accusamus et et maxime. Ad alias perspiciatis quam natus. Consequuntur aspernatur repellendus odit dolorem sit excepturi ea. Dolor facilis placeat voluptas magnam illum sint quo. Et tenetur provident aut earum ut veniam aut pariatur. Iusto ea quaerat quo voluptatem unde.
Iste quis rerum libero qui tempora at. Esse atque quia quo aperiam optio dolorem aspernatur. Illum dolorem enim dolorum. Aut voluptates dolore quod iusto quia.
Excepturi minima et dolorem reiciendis dolorem consequatur eos. Possimus eius qui et facere aliquid. Qui velit quae enim in quas velit.
Et quis expedita quae sint soluta. Sed aliquam aut perspiciatis explicabo magnam. Animi laborum ut ut totam quia et minus magni.