Updated September 14, 2023
Goldman Sachs salary estimate
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More$108,830
$52.32 hourly rate
Entry-level salary
$68,000 yearly salary
How much does Goldman Sachs pay?
The average Goldman Sachs salary in the United States is $108,830 per year. Goldman Sachs salaries range between $68,000 a year in the bottom 10th percentile to $174,000 in the top 90th percentile. Goldman Sachs pays $52.32 an hour on average. Goldman Sachs salaries vary by department as well. Goldman Sachs salaries in the corporate management department average $148,910 per year, while salaries in the research & development department average $research & development per year. Goldman Sachs salaries are also impacted by geographic location. Goldman Sachs employees in New York, NY and San Francisco, CA get paid the most.
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 | 4.7 | $110,415 |
| 2 | Credit Suisse | 4.9 | $109,075 |
| 3 | Deutsche Bank | 4.9 | $107,247 |
| 4 | Morgan Stanley | 4.9 | $103,933 |
| 5 | State Street | 4.9 | $99,979 |
| 6 | BlackRock | 4.9 | $87,853 |
| 7 | BNY Mellon | 4.9 | $86,819 |
| 8 | American Express | 4.8 | $86,421 |
| 9 | Charles Schwab | 4.9 | $82,738 |
| 10 | Franklin Templeton | 4.8 | $81,534 |
| 11 | Citi | 4.9 | $75,483 |
| 12 | JPMorgan Chase & Co. | 4.9 | $73,946 |
| 13 | The PNC Financial Services Group | 4.6 | $71,084 |
Recently added Goldman Sachs salaries
| Job | Location | Date Added | Salary |
|---|---|---|---|
| Associate | New York, NY | 12/02/2023 | $159,000 |
| Associate | New York, NY | 12/02/2023 | $101,800 |
| Vice President | New York, NY | 12/02/2023 | $187,000 |
| Associate | Salt Lake City, UT | 12/01/2023 | $88,858 |
| Associate | Salt Lake City, UT | 12/01/2023 | $108,000 |
Show more
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:
Dental insurance
Vision insurance
Temporary disability insurance
Long-term disability insurance
Accidental death and dismemberment insurance
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Updated September 14, 2023
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.
It seems you're interested in compensation details, particularly those related to Goldman Sachs. My knowledge of salary structures and compensation in the corporate world stems from a culmination of publicly available information, industry reports, and insights into the financial sector. In the context of Goldman Sachs, compensation packages vary significantly based on roles, departments, geographic locations, and experience levels.
Here's a breakdown of the concepts and data from the article:
-
Salary Range at Goldman Sachs:
- The average annual salary at Goldman Sachs is $108,830.
- Entry-level salary starts at $68,000 yearly.
- Salaries range from $68,000 at the 10th percentile to $174,000 at the 90th percentile.
- Hourly rate averages $52.32.
-
Highest Paying Jobs:
- Managing Director tops the list with an average yearly salary of $274,338.
- Other high-paying roles include Vice President Research, Finance Vice President, and Associate.
-
Geographic Impact on Salaries:
- Locations like New York, San Francisco, and Jersey City offer higher compensations, with New York having the highest average salary of $120,026.
-
Departmental Variances:
- Salaries are significantly impacted by the department worked in. Corporate Management and Research & Development tend to offer higher average salaries compared to Administrative or Finance departments.
-
Role-Specific Salaries:
- Finance Vice President and Vice President of Engineering are some of the highest-paying roles within the finance and engineering departments, respectively.
-
Comparative Analysis with Competitors:
- When compared to competitors like BNP Paribas, Credit Suisse, and Deutsche Bank, Goldman Sachs tends to offer competitive average salaries.
-
Additional Information:
- The data displayed is based on various sources, including BLS, public data, and self-reported employee information.
- Zippia, the source of this data, emphasizes that while efforts have been made to ensure accuracy, they're not liable for any errors or omissions in the information provided.
This comprehensive breakdown showcases how compensation at Goldman Sachs is multifaceted, influenced by roles, locations, and departmental disparities. It's evident that detailed analyses, considering various factors, form the basis for understanding compensation structures in companies like Goldman Sachs.
