GS...Finally Raising Salaries
Title says it all. Second year base - 125k, first year associate base - 150k.
Source:
Title says it all. Second year base - 125k, first year associate base - 150k.
Source:
+230 | My chaotic IB journey | 27 | 5h | |
+211 | MS M&A vs GS HC | 48 | 12h | |
+176 | Ending My Life if I don't get an SA 2025 Offer | 63 | 20h | |
+115 | Anyone live in a different country before? What’s it like? | 43 | 15h | |
+72 | Hazing in the Bullpen. What to do? | 15 | 6h | |
+53 | MD shoved food down my throat. Is this normal? | 16 | 18h | |
+39 | Improving in TMT | 11 | 2h | |
+35 | Basically necessary to be a varsity athlete to get BB IB from Bowdoin? | 22 | 1d | |
+34 | Later Chodes - I'm Taking My Talents to The Mega Fund Leagues | 8 | 1d | |
+19 | Too late to be Analyst 1 with 5 years of experience? | 16 | 2d |
Career Resources
They finally buckled...
x
It's for 3rd years doing A2A
Really? Dont know if all banks have to follow suit but shit that would be a dream.
So what is 1st year base?
MERCENARIES !!!!
Source: Goldman Sachs Bumps Junior Banker Pay, Aligning With Rivals - Bloomberg
sad how all my s&t friends still all making 85k base lol and they work 6am-7pm which isn't even that good
We’re quite happy over in markets so all good. Appreciate the concern
This puts GS above almost everyone else at least in terms of base.
You guys think GS discount has disappeared or are they going to slice bonuses going forward?
Is GS… bet the house they’re going to slash bonuses to continue paying slightly below median on a total compensation basis
TFW your bonus is the same as all your buddies in Corporate Finance haha.
GS analyst here; 2nd year analyst in my class got 150k
INNOVATION
gsam?
Anyone knows if other divisions also got to match GS's new pay? Securities, GSAM?
I believe pay updates only apply to IB
Source?
Lol so a first year associates salary is the exact same as it was before? That does not bode well for them when every other bank on the street has associates at $175k now
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