Updated March 14, 2024
Goldman Sachs salary estimate
$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. Geographic location also impacts Goldman Sachs salaries. Goldman Sachs employees in New York, NY 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?
The average Goldman Sachs salary varies by location. Goldman Sachs salaries are the highest in New York, NY, at $120,026 per year. Goldman Sachs pays the second highest average salary in San Francisco, CA, at $113,229 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.
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 |
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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 | 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 |
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What employees say about salary at Goldman Sachs
Employee Reviews
5.0
A zippia user wrote a review on Jul 2023
Pros of working at Goldman Sachs
The leadership by aknowledging clients, the process would be very important in terms of my development in work-space.
Cons of working at Goldman Sachs
Lack of communication and stability without improvment.
Goldman Sachs Benefits
Meetings/parties with co-workers
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5.0
A zippia user wrote a review on May 2023
Pros of working at Goldman Sachs
Benefits and challenges, benefits, compensation,
Cons of working at Goldman Sachs
No work life balance , very demanding
Goldman Sachs Benefits
401k
Is this useful?
3.0
A zippia user wrote a review on Mar 2023
Pros of working at Goldman Sachs
Versatility of equipment to work with.
Cons of working at Goldman Sachs
Silos. All groups are in silos and not allowed to cross them. Which leads to no cross training.
Goldman Sachs Benefits
Insurance benefits, 401k
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5.0
A zippia user wrote a review on Jan 2022
Pros of working at Goldman Sachs
The teammates and work process
Cons of working at Goldman Sachs
work-life balance since some time I used to work till 12 hours.
Goldman Sachs Benefits
learning different skills, team meetings and acknowledging the work progress through team work
Is this useful?
4.0
A zippia user wrote a review on May 2021
Pros of working at Goldman Sachs
They pay us very well
Cons of working at Goldman Sachs
It's very stressful job , working hours are more
Goldman Sachs Benefits
Health care
Is this useful?
3.0
A zippia user wrote a review on Apr 2021
Pros of working at Goldman Sachs
Interviewing and following up with individual clients to meet their life insurance needs in a timely manner.
Cons of working at Goldman Sachs
No upward
Goldman Sachs Benefits
Remote Work
Is this useful?
3.0
A zippia user wrote a review on Feb 2021
Pros of working at Goldman Sachs
Challenging work; smart coworkers; abundant opportunities to learn
Cons of working at Goldman Sachs
absolutely no work/life balance
Goldman Sachs Benefits
strong benefits package; lots of PTO (minimum 18 vacation + 9 sick days)
Is this useful?
1.0
A zippia user wrote a review on Feb 2021
Pros of working at Goldman Sachs
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.
Cons of working at Goldman Sachs
The hours are long and the resources to complete the work assigned to you is often lacking.
Goldman Sachs Benefits
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.
Is this useful?
3.0
A zippia user wrote a review on Aug 2020
Pros of working at Goldman Sachs
Great benefits
Cons of working at Goldman Sachs
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.
Is this useful?
4.0
A zippia user wrote a review on Apr 2020
Pros of working at Goldman Sachs
Smart motivated people, a place where you can be rewarded for hard work and excelling in your field.
Cons of working at Goldman Sachs
Not always meritocracy as they say, teamwork can sometimes feel more like competition.
Goldman Sachs Benefits
Wellness programs, onsite health center
Is this useful?
5.0
A zippia user wrote a review on Feb 2020
Pros of working at Goldman Sachs
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.
Cons of working at Goldman Sachs
Limited ESPP. Could have a more robust retirement program
Goldman Sachs Benefits
Firm has good benefits, and flexible time off. Theu strongly encourgage a healthy work / life balance.
Is this useful?
3.0
A zippia user wrote a review on Nov 2019
Pros of working at Goldman Sachs
Pay and benefits, learning, support, career advancement
Cons of working at Goldman Sachs
Office Politics, bureaucracy
Goldman Sachs Benefits
401k
Is this useful?
5.0
A zippia user wrote a review on Mar 2019
Pros of working at Goldman Sachs
Intelligent co workers, smart people around, loads of learning opportunities
Goldman Sachs Benefits
Relocation bonus
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Frequently asked questions about Goldman Sachs salaries
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Goldman Sachs Highest Paying Jobs
- Managing Director
- Vice President Research
- Finance Vice President
- Associate
- Senior Java Developer
- Application Software Developer
- Computer Software Engineer
- Project Manager
- Advanced Technical Specialist
- Team Leader
- Operations Specialist
- Consultant
- Executive Assistant
- Analyst
- Administrative Assistant
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- Goldman Sachs Salaries
Updated March 14, 2024
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.
