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Goldman Sachs salaries
Goldman Sachs salary estimate
$108,830yearly
Goldman Sachs Salaries Overview
At Goldman Sachs, salary offerings are diverse, reflecting the company's stature in the financial services sector. The average salary stands at $108,830, but this figure encompasses a wide range of roles and responsibilities. For instance, managing directors lead the pack with an average salary of $274,338, followed by vice presidents in research earning approximately $170,311.
While high-level positions command substantial compensation, entry-level roles such as administrative assistants can expect around $39,679 annually. This wide salary range illustrates the variance in pay across different job functions.
Salary by Department
Departments such as corporate management offer the highest salaries, averaging $148,910, while research and development roles provide commendable salaries of around $115,996. In contrast, administrative roles tend to offer lower averages, highlighting the importance of departmental alignment when considering a career at Goldman Sachs.
Geographical Salary Differences
The geographical location also plays a crucial role in salary determinations. Employees in New York often receive higher compensation due to the city's cost of living. Understanding these factors can assist job seekers in making informed career choices within the competitive landscape of finance.
Highest paying jobs at Goldman Sachs
The highest paying jobs at Goldman Sachs are managing director, vice president research, finance vice president, and associate. Managing director jobs at Goldman Sachs earn an average yearly salary of $274,338, Goldman Sachs vice president research jobs average $170,311, and Goldman Sachs finance vice president jobs average $159,354.
The lowest paying Goldman Sachs roles include administrative assistant and analyst. Goldman Sachs administrative assistant average salary is $39,679 per year. So while the average Goldman Sachs salary is $108,830 there is a big variation in pay depending on the role.
Highest paying jobs at Goldman Sachs
| Rank | Job title | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | Managing Director | $274,338 | $131.89 |
| 2 | Vice President Research | $170,311 | $81.88 |
| 3 | Finance Vice President | $159,354 | $76.61 |
| 4 | Associate | $127,037 | $61.08 |
| 5 | Senior Java Developer | $125,416 | $60.30 |
| 6 | Application Software Developer | $124,147 | $59.69 |
| 7 | Computer Software Engineer | $119,824 | $57.61 |
| 8 | Project Manager | $112,863 | $54.26 |
| 9 | Advanced Technical Specialist | $105,821 | $50.88 |
| 10 | Team Leader | $96,318 | $46.31 |
| 11 | Operations Specialist | $88,749 | $42.67 |
| 12 | Consultant | $86,609 | $41.64 |
| 13 | Executive Assistant | $86,128 | $41.41 |
| 14 | Analyst | $78,447 | $37.71 |
| 15 | Administrative Assistant | $39,679 | $19.08 |
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Average Goldman Sachs salary by state
Goldman Sachs pays the highest salaries in New York due to higher costs of living and competition in the state.
| Rank | State | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $119,843 | $57.62 |
| 2 | District of Columbia | $115,768 | $55.66 |
| 3 | Massachusetts | $113,934 | $54.78 |
| 4 | New Jersey | $111,565 | $53.64 |
| 5 | California | $110,734 | $53.24 |
| 6 | Connecticut | $110,314 | $53.04 |
| 7 | Vermont | $100,677 | $48.40 |
| 8 | Washington | $98,691 | $47.45 |
| 9 | Delaware | $97,373 | $46.81 |
| 10 | Virginia | $97,257 | $46.76 |
| 11 | Pennsylvania | $95,981 | $46.14 |
| 12 | Texas | $92,753 | $44.59 |
| 13 | Illinois | $92,469 | $44.46 |
| 14 | Michigan | $91,739 | $44.11 |
| 15 | Colorado | $89,127 | $42.85 |
| 16 | Georgia | $88,477 | $42.54 |
| 17 | Florida | $86,716 | $41.69 |
| 18 | Utah | $78,446 | $37.71 |
How much does Goldman Sachs pay by location?
Highest paying Goldman Sachs locations
| Rank | Location | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $120,026 | $57.70 |
| 2 | San Francisco, CA | $113,229 | $54.44 |
| 3 | Jersey City, NJ | $111,829 | $53.76 |
| 4 | Chicago, IL | $92,904 | $44.67 |
| 5 | Dallas, TX | $90,833 | $43.67 |
| 6 | Miami, FL | $87,600 | $42.12 |
| 7 | Salt Lake City, UT | $78,007 | $37.50 |
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Goldman Sachs salaries by department
Salaries at Goldman Sachs vary depending on the department you work in. Goldman Sachs salaries in the corporate management department are the highest with an average salary of $148,910. Employees in the research & development department at Goldman Sachs receive relatively high salaries as well, with an average salary of $115,996 per year. Departments that don't pay as well at Goldman Sachs include the administrative and the finance organizational functions, with employees earning average salaries of $67,477 and $85,725, respectively.
Average Goldman Sachs salary by department
| Rank | Department | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | Corporate Management | $148,910 | $71.59 |
| 2 | Research & Development | $115,996 | $55.77 |
| 3 | Engineering | $114,600 | $55.10 |
| 4 | Retail | $110,850 | $53.29 |
| 5 | IT | $99,814 | $47.99 |
| 6 | Finance | $85,725 | $41.21 |
| 7 | Administrative | $67,478 | $32.44 |
How much does Goldman Sachs pay by department?
Best paying Goldman Sachs finance salaries
| Rank | Position | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | Finance Vice President | $159,354 | $76.61 |
| 2 | Associate Vice President | $133,548 | $64.21 |
| 3 | Trading Assistant | $115,660 | $55.61 |
| 4 | Finance Associate | $111,767 | $53.73 |
| 5 | Consultant | $86,609 | $41.64 |
| 6 | Analyst | $78,447 | $37.71 |
Best paying Goldman Sachs engineering salaries
| Rank | Position | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President Of Engineering | $160,492 | $77.16 |
| 2 | Engineering Mathematician | $159,649 | $76.75 |
| 3 | Project Leader | $138,157 | $66.42 |
| 4 | Technical Project Manager | $132,327 | $63.62 |
| 5 | Senior Developer Analyst | $128,815 | $61.93 |
| 6 | Java Architect | $124,498 | $59.85 |
| 7 | Application Software Developer | $124,147 | $59.69 |
| 8 | Computer Software Engineer | $119,823 | $57.61 |
| 9 | Senior Programmer | $119,040 | $57.23 |
| 10 | Database Administrator | $116,109 | $55.82 |
| 11 | Informatica Consultant | $99,386 | $47.78 |
| 12 | Technical Specialist | $98,508 | $47.36 |
| 13 | Associate Programmer/Analyst | $84,112 | $40.44 |
Best paying Goldman Sachs IT salaries
| Rank | Position | Average Goldman Sachs salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President Of Information Technology | $157,038 | $75.50 |
| 2 | Information Systems Manager | $153,424 | $73.76 |
| 3 | Vice President Technology Services | $145,358 | $69.88 |
| 4 | Credit Risk Management Director | $142,518 | $68.52 |
| 5 | Project Leader | $138,157 | $66.42 |
| 6 | Senior Project Manager | $129,232 | $62.13 |
| 7 | Solutions Architect | $128,033 | $61.55 |
| 8 | Senior Technical Analyst | $107,926 | $51.89 |
| 9 | Systems Administrator | $107,799 | $51.83 |
| 10 | Advanced Technical Specialist | $105,821 | $50.88 |
| 11 | Presentation Specialist | $101,311 | $48.71 |
| 12 | Management Associate | $101,021 | $48.57 |
| 13 | Network Engineer | $88,474 | $42.54 |
| 14 | Associate Programmer/Analyst | $84,112 | $40.44 |
| 15 | Computer Operator | $54,029 | $25.98 |
| 16 | Computer Tape Librarian | $53,525 | $25.73 |
Goldman Sachs competitors’ average salaries
Average salaries at Goldman Sachs competitors, like BNP Paribas, Credit Suisse, and Deutsche Bank, vary. BNP Paribas employees earn the highest salaries, with an average yearly salary of $110,415. The average salary at Credit Suisse is $109,075 per year, and the average salary at Deutsche Bank is $107,247 per year.
Highest paying Goldman Sachs competitors
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | BNP Paribas | 4.5 | $110,415 |
| 2 | Credit Suisse | 4.7 | $109,075 |
| 3 | Deutsche Bank | 4.9 | $107,247 |
| 4 | Morgan Stanley | 4.6 | $103,933 |
| 5 | State Street | 4.1 | $99,979 |
| 6 | BlackRock | 4.4 | $87,853 |
| 7 | BNY Mellon | 4.4 | $86,819 |
| 8 | American Express | 4.8 | $86,421 |
| 9 | Charles Schwab | 4.8 | $82,738 |
| 10 | Franklin Templeton | 4.8 | $81,534 |
| 11 | Citi | 4.6 | $75,483 |
| 12 | JPMorgan Chase & Co. | 4.8 | $73,946 |
| 13 | The PNC Financial Services Group | 4.4 | $71,084 |
Recently added Goldman Sachs salaries
| Job | Location | Date added | Salary |
|---|---|---|---|
| Human Capital Management, Firmwide Compensation, Analyst, New York | New York, NY | 06/28/2025 | $75,000 |
| Asset & Wealth Management, Client Solutions Group (CSG), Distribution Data, Analytics, and Insights | Chicago, IL | 06/27/2025 | $80,000 |
| Asset & Wealth Management, Fixed Income, Municipal Fixed Income JR Portfolio Manager, Analyst, New Y | New York, NY | 06/27/2025 | $100,000 |
| Head of Communication-Vice President-Compliance | New York, NY | 06/26/2025 | $100,000 |
| Platform Solutions (Transaction Banking)-SAN Francisco-Associate, Project Management | San Francisco, CA | 06/26/2025 | $167,000 |
What employees say about salary at Goldman Sachs
The leadership by aknowledging clients, the process would be very important in terms of my development in work-space.
Lack of communication and stability without improvment.
Meetings/parties with co-workers
Benefits and challenges, benefits, compensation,
No work life balance , very demanding
401k
Versatility of equipment to work with.
Silos. All groups are in silos and not allowed to cross them. Which leads to no cross training.
Insurance benefits, 401k
The teammates and work process
work-life balance since some time I used to work till 12 hours.
learning different skills, team meetings and acknowledging the work progress through team work
They pay us very well
It's very stressful job , working hours are more
Health care
Interviewing and following up with individual clients to meet their life insurance needs in a timely manner.
No upward
Remote Work
Challenging work; smart coworkers; abundant opportunities to learn
absolutely no work/life balance
strong benefits package; lots of PTO (minimum 18 vacation + 9 sick days)
I love my co-workers. The job is difficult and the company is picky about who they hire, so the people you work with are good, hard-working people.
The hours are long and the resources to complete the work assigned to you is often lacking.
You set your own hours, which is a double-edged sword. On the one hand, no one's stopping you from working long hours, and the pressure to do so is real. But on the up side, if I ever needed to leave work early for an emergency, or if I had an appointment I needed to go to, I knew that I had the flexibility in my schedule to do so.
Great benefits
They controlled my life. No path to progress my career wise and no rewards for months of excellent services. Get saying things will hapen that never did.
Smart motivated people, a place where you can be rewarded for hard work and excelling in your field.
Not always meritocracy as they say, teamwork can sometimes feel more like competition.
Wellness programs, onsite health center
Challenging growth oriented firm. Goldman Sachs encourages and supports entrepreneurial efforts. I manage a diverse team that has the resources and support to be successful.
Limited ESPP. Could have a more robust retirement program
Firm has good benefits, and flexible time off. Theu strongly encourgage a healthy work / life balance.
Pay and benefits, learning, support, career advancement
Office Politics, bureaucracy
401k
Intelligent co workers, smart people around, loads of learning opportunities
Relocation bonus
Frequently asked questions about Goldman Sachs salaries
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Zippia gives an in-depth look into the details of Goldman Sachs, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Goldman Sachs. The employee data is based on information from people who have self-reported their past or current employments at Goldman Sachs. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Goldman Sachs. The data presented on this page does not represent the view of Goldman Sachs and its employees or that of Zippia.