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. 

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  • Analyst 1 in IB-M&A
Aug 6, 2021 - 12:54am

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…

Aug 6, 2021 - 1:04am

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

Aug 6, 2021 - 2:14pm

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? 

  • Analyst 2 in IB - Cov
Aug 7, 2021 - 5:14pm

The real question here would be to know whether that starts to make us too expensive to hire for PE funds

  • Associate 1 in PE - Other
Aug 8, 2021 - 11:36am

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.

  • Analyst 1 in IB - Gen
Oct 14, 2021 - 4:54pm

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  • Prospect in IB - Cov
Oct 14, 2021 - 11:25am

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Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (229) $233
  • 2nd Year Analyst (138) $155
  • 3rd+ Year Analyst (31) $147
  • Intern/Summer Associate (104) $143
  • 1st Year Analyst (502) $135
  • Intern/Summer Analyst (387) $83