Updated August 22, 2022

Goldman Sachs Salary Estimate

$108,830

$52.32 hourly

Entry level Salary
$68,000 yearly

How Much Does Goldman Sachs Pay?

Goldman Sachs pays $108,830 a year, on average, or $52.32 an hour. Goldman Sachs pays those in the bottom 10 percent $68,000 a year, and the top 10 percent over $174,000. At Goldman Sachs, employees working in corporate management jobs and research & development jobs tend to earn the highest salaries. In terms of how geography influences how much Goldman Sachs pays employees, those located in New York, NY, San Francisco, CA, and Jersey City, NJ earn the highest salaries.

Highest Paying Jobs At Goldman Sachs

The average employee at Goldman Sachs earns a yearly salary of $108,830 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Goldman Sachs are managing director, vice president research, finance vice president, and associate. A typical managing director salary at Goldman Sachs is $274,338 per year. Other roles at Goldman Sachs include administrative assistant and analyst. A administrative assistant at Goldman Sachs earns an average yearly salary of $39,679.

Highest Paying Jobs At Goldman Sachs

RankJob TitleAverage Goldman Sachs SalaryHourly Rate
1Managing Director$274,338$131.89
2Vice President Research$170,311$81.88
3Finance Vice President$159,354$76.61
4Associate$127,037$61.08
5Senior Java Developer$125,416$60.30
6Application Software Developer$124,147$59.69
7Computer Software Engineer$119,824$57.61
8Project Manager$112,863$54.26
9Advanced Technical Specialist$105,821$50.88
10Team Leader$96,318$46.31
11Operations Specialist$88,749$42.67
12Consultant$86,609$41.64
13Executive Assistant$86,128$41.41
14Analyst$78,447$37.71
15Administrative Assistant$39,679$19.08

Highest Paying Goldman Sachs Competitor Salaries

Some of the competitors of Goldman Sachs are BNP Paribas, Credit Suisse, and Deutsche Bank. The average salaries at BNP Paribas rank the highest, with their employees earning an average salary of $110,415 per year. The employees at Credit Suisse earn an average yearly salary of $109,075 per year, and the salaries at Deutsche Bank average $107,247 per year.

Salaries By Goldman Sachs Competitors

RankCompany NameZippia ScoreAverage Salary
1BNP Paribas4.7$110,415
2Credit Suisse4.9$109,075
3Deutsche Bank4.9$107,247
4Morgan Stanley4.9$103,933
5State Street4.9$99,979
6BlackRock4.9$87,853
7BNY Mellon4.9$86,819
8American Express4.8$86,421
9Charles Schwab4.9$82,738
10Franklin Templeton4.8$81,534
11Citi4.9$75,483
12JPMorgan Chase & Co.4.9$73,946
13The PNC Financial Services Group4.6$71,084

Average Pay By State For Goldman Sachs

RankStateAverage Goldman Sachs SalaryHourly Rate
1New York$119,843$57.62
2District of Columbia$115,768$55.66
3Massachusetts$113,934$54.78
4New Jersey$111,565$53.64
5California$110,734$53.24
6Connecticut$110,314$53.04
7Vermont$100,677$48.40
8Washington$98,691$47.45
9Delaware$97,373$46.81
10Pennsylvania$95,981$46.14
11Texas$92,753$44.59
12Illinois$92,469$44.46
13Michigan$91,739$44.11
14Colorado$89,127$42.85
15Georgia$88,477$42.54
16Florida$86,716$41.69
17Utah$78,446$37.71

How Much Does Goldman Sachs Pay By Location?

Cost of living can vary dramatically depending on the part of the country you're in. Employees at Goldman Sachs earn different salaries depending on their region. Our data shows that Goldman Sachs employees in New York, NY get paid the most, where the average yearly pay is $120,026. Goldman Sachs Employees in San Francisco, CA don't earn quite as much. The median salary in San Francisco, CA is $113,229.

Salaries By Location At Goldman Sachs

RankLocationAverage Goldman Sachs SalaryHourly Rate
1New York, NY$120,026$57.70
2San Francisco, CA$113,229$54.44
3Jersey City, NJ$111,829$53.76
4Chicago, IL$92,904$44.67
5Dallas, TX$90,833$43.67
6Miami, FL$87,600$42.12
7Salt Lake City, UT$78,007$37.50

Goldman Sachs Salaries By Department

Workers at Goldman Sachs earn different salaries depending on the department or organizational function that they work in. Based on our analysis, the employees in corporate management earn salaries at Goldman Sachs that are well above average, with yearly earnings averaging $148,910. The research & development organizational function also pays relatively high compared to other departments, where employees earn $115,996. Departments that don't pay as well at Goldman Sachs include the administrative and finance organizational functions, with employees earning $67,477 and $85,725, respectively.

Salaries By Department At Goldman Sachs

RankDepartmentAverage Goldman Sachs SalaryHourly Rate
1Corporate Management$148,910$71.59
2Research & Development$115,996$55.77
3Engineering$114,600$55.10
4Retail$110,850$53.29
5IT$99,814$47.99
6Finance$85,725$41.21
7Administrative$67,478$32.44

How Much Does Goldman Sachs Pay by Department?

Best Paying Goldman Sachs Finance Position Salaries

RankPositionAverage Goldman Sachs SalaryHourly Rate
1Finance Vice President$159,354$76.61
2Associate Vice President$133,548$64.21
3Trading Assistant$115,660$55.61
4Finance Associate$111,767$53.73
5Consultant$86,609$41.64
6Analyst$78,447$37.71

Best Paying Goldman Sachs Engineering Position Salaries

RankPositionAverage Goldman Sachs SalaryHourly Rate
1Vice President Of Engineering$160,492$77.16
2Engineering Mathematician$159,649$76.75
3Project Leader$138,157$66.42
4Technical Project Manager$132,327$63.62
5Senior Developer Analyst$128,815$61.93
6Java Architect$124,498$59.85
7Application Software Developer$124,147$59.69
8Computer Software Engineer$119,823$57.61
9Senior Programmer$119,040$57.23
10Database Administrator$116,109$55.82
11Informatica Consultant$99,386$47.78
12Technical Specialist$98,508$47.36
13Associate Programmer/Analyst$84,112$40.44

Best Paying Goldman Sachs IT Position Salaries

RankPositionAverage Goldman Sachs SalaryHourly Rate
1Vice President Of Information Technology$157,038$75.50
2Information Systems Manager$153,424$73.76
3Vice President Technology Services$145,358$69.88
4Credit Risk Management Director$142,518$68.52
5Project Leader$138,157$66.42
6Senior Project Manager$129,232$62.13
7Solutions Architect$128,033$61.55
8Senior Technical Analyst$107,926$51.89
9Systems Administrator$107,799$51.83
10Advanced Technical Specialist$105,821$50.88
11Presentation Specialist$101,311$48.71
12Management Associate$101,021$48.57
13Network Engineer$88,474$42.54
14Associate Programmer/Analyst$84,112$40.44
15Computer Operator$54,029$25.98
16Computer Tape Librarian$53,525$25.73

Recently Added Goldman Sachs Salaries

JobLocationDate AddedSalary
Asset & Wealth Management-Private Credit, Business Unit COO, Vice President/Associate, New YorkNew York, NY04/29/2023$125,000
Consumer Platforms, Risk Monitoring & Testing, Associate, New YorkNew York, NY04/29/2023$85,000
Human Capital Management, Firmwide Compensation, AssociateNew York, NY04/28/2023$85,000
Asset & Wealth Management, PWM, Investment Strategy Group, Tactical Asset Allocation Team, Vice PresNew York, NY04/28/2023$115,000
Global Banking & Markets Public Counterparty Risk Analyst New YorkNew York, NY04/28/2023$90,000

Frequently Asked Questions About Goldman Sachs Salaries

Is The Pay Good At Goldman Sachs?

Yes, the pay is good at Goldman Sachs. Compared to the industry average of $90,502 per year, the average annual salary at Goldman Sachs is $108,830, which is 20.25% higher.

What Is The Starting Pay At Goldman Sachs?

The starting pay at Goldman Sachs is $68,000 per year, or $32.69 per hour.

How Much Does Goldman Sachs Pay Compared To Blackrock?

Goldman Sachs pays $108,830 per year on average compared to BlackRock which pays $87,853. That works out to $52.32 per hour at Goldman Sachs, compared to $42.24 per hour at BlackRock.

How Much Does Goldman Sachs Pay An Hour?

Goldman Sachs pays $52.32 an hour, on average.

What Benefits Does Goldman Sachs Offer?

Goldman Sachs offers benefits to full-time employees including:

  • Health insurance

  • Dental insurance

  • Vision insurance

  • Life insurance

  • Temporary disability insurance

  • Long-term disability insurance

  • Accidental death and dismemberment insurance

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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.

Goldman Sachs may also be known as or be related to Goldman Sachs, Goldman Sachs Asset Management International Ltd., Goldman Sachs Japan Co., Ltd., J. Aron & Company LLC, THE GOLDMAN SACHS CHARITABLE GIFT FUND, The Goldman Sachs Group Inc, The Goldman Sachs Group, Inc. and goldman sachs execution & clearing, l.p.