Careers

Here's What You Can Earn Working At Goldman Sachs

goldman
Goldman Sachs: Where the elite go to get paid. Chris Hondros/Getty
Read in app

The investment bank Goldman Sachs is one of the most elite institutions on earth. 

And most reviled.

"'I'm going to Goldman,' is still about as close as it gets in the real world to 'I'm going to Harvard,'" said Michael Lewis, the firebrand financial writer

The prestige comes with outrageous dollar signs — think "better than half a million dollars in annual compensation, per worker," if you take Businessweek's word for it

Still, what do you earn if you're not at the top of the Goldman pile? If you're in the middle? Or even at the bottom?

With those queries in mind, we sifted through Glassdoor's generous list of collected salaries to provide a glimpse into the pay for Goldman's 32,000 employees.

One caveat: this list does not include bonuses, which are notoriously high on Wall Street. In the case of Goldman, the averages range from $8,630 for an operations analyst to $90,512 for a vice president to $8.25 million for a top trader

According to Glassdoor, here are the average salaries for 15 positions at Goldman Sachs, in ascending order: 

1. Operations Analyst: $50,450
2. Analyst: $63,459
3. Financial Analyst: $68,794
4. Technology Analyst: $75,429
5. Investment Banking Analyst: $78,957
6. Associate: $103,194
7. Senior Business Analyst: $105,958
8. Trading Associate: $108,796
9. Senior Analyst Developer: $113,349
10. Team Manager: $118,367
11. Sales Associate: $124,717
12. Vice President: $158,096
13. Intermediate Research Associate: $172,249
14. Intermediate Finance Associate: $178,561
15. Vice President, Intermediate Research Associate: $193,559 
 

Read next

Drake Baer was Business Insider's editor-at-large, working across the newsroom to help produce ambitious journalism. For two and a half years before that, Baer served as deputy editor, overseeing a team of 20+ reporters and editors who cover the future of work, real estate, and small business. The fast-paced team was behind some of Insider's major packages in the last few years, including a state-by-state look into unemployment during the first year of the pandemic and in-depth profiles of "niche famous" characters such as real estate media tycoon Brandon Turner and HR icon Johnny C Taylor. They shed new light on big names, like Joe Biden, America's imperfect leader. He also cultivated thesis-oriented ideas journalism, whether it be on why "'diversity' and 'inclusion' are the emptiest words in corporate America" or why it's actually a horrible time to buy a house. (No, really, it is.) Before editing, his byline as a reporter was on the masthead for Fast Company and New York Magazine, covering the many intersections of social science, business, and economics. Baer has interviewed some our time's leading minds, including philanthropist Bill Gates, FiveThirtyEight founder Nate Silver, NBA champion and investor Steph Curry, "growth mindset" psychologist Carol Dweck, the rapper Q-Tip, Nobel laureate Daniel Kahneman, and the man who gave a name to "disruptive innovation," the late Clay Christensen.Baer has published two books, the most recent being Perception: How Our Bodies Shape Our Minds, with Dennis Proffitt. In 2014, New York Times bestselling author and Wharton professor Adam Grant highlighted his first book, Everything Connects, as one of the 12 business books to read that year. He has been featured as a speaker at the Aspen Ideas Festival, presented at TedX Princeton, and moderated many panels.