Goldman Sachs (GS) has always paid its employees well, and they’re getting paid better.
The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm’s most recent financial disclosures.
How much do analysts at Goldman Sachs make?
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.
Does banking pay well?
On a per hour basis, investment bankers are not paid nearly as well. With most analysts and associate working over 100 hours per week, their hourly wages can range anywhere between $25-$35 per hour. That’s not bad, but it doesn’t sound as good as $100,000 a year did.
Does Goldman Sachs pay overtime?
Goldman Sachs thinks new overtime pay rules could increase total employment — but do nothing for wage growth. Workers are exempt from overtime pay if they receive a fixed salary, make more than $455 per week, or have a job that includes “executive, administrative, or professional” duties.
Is it hard to get a job at Goldman Sachs?
It’s Unbelievably Hard to Get a Job at Goldman Sachs
Bagging a job at Goldman Sachs (GS)’ is a phenomenon rarer than receiving an acceptance letter from Harvard University. Investments banking jobs have a notoriously low acceptance rate.