Salary of VP at Goldman Sachs – Earnings and Hourly Wages
Are you curious about the salary of a Vice President (VP) at Goldman Sachs? In this article, we’ll explore the earnings and hourly wages of VPs at one of the most prestigious investment banks in the world.
According to data from Zippia, the average salary for Vice Presidents at Goldman Sachs is $150,307 per year. However, the salary range for VPs at the company is between $102,000 to $220,000 per year. Additionally, VPs at Goldman Sachs earn an hourly rate of $76.27.
Key Takeaways:
- The average salary for VPs at Goldman Sachs is $150,307 per year
- The salary range for VPs at the company is between $102,000 to $220,000 per year
- VPs at Goldman Sachs earn an hourly rate of $76.27
Entry-level Goldman Sachs Vice President Salary
When considering a career as a vice president at Goldman Sachs, it’s essential to understand the salary structure at different levels. For those starting their journey as entry-level vice presidents, the salary is an important consideration. At Goldman Sachs, entry-level vice presidents earn an average salary of $102,000 per year, providing competitive compensation right from the start.
Gaining entry into the prestigious ranks of Goldman Sachs’ vice presidents is a significant achievement. With this role, professionals have the opportunity to grow their careers within the organization and be part of its impressive legacy. The entry-level salary of $102,000 reflects the company’s commitment to attracting top talent and rewarding their contributions.
As an entry-level vice president at Goldman Sachs, individuals can expect ample opportunities to learn and develop their skills. The company promotes a culture of innovation and collaboration, providing a conducive environment for professional growth. With competitive compensation and potential for advancement, this role sets the stage for a successful and rewarding career at one of the world’s leading financial institutions.
While the average entry-level vice president salary at Goldman Sachs is $102,000 per year, it’s important to note that individual salaries may vary based on factors such as experience, education, and performance. Additionally, benefits and bonuses may also be provided, further enhancing the overall compensation package for entry-level vice presidents at Goldman Sachs.
Now that we have explored the entry-level salary for vice presidents at Goldman Sachs, let’s dive deeper into the impact of location on the overall compensation at the company.
Location Impact on Vice President Salary at Goldman Sachs
The salary of vice presidents at Goldman Sachs can vary based on location. Different cities offer different salary ranges for vice presidents at the company. Some of the highest-paying cities for vice presidents at Goldman Sachs include:
- San Francisco, CA
- New York, NY
- Jersey City, NJ
In these cities, vice presidents at Goldman Sachs can earn salaries ranging from $168,319 to $175,908 per year.
The location of the office plays a crucial role in determining the salary package for vice presidents at Goldman Sachs. The cost of living, business demand, and talent competitiveness are some of the factors that influence salary differences across various cities.
Being situated in these high-paying locations can provide vice presidents at Goldman Sachs with greater earning potential and access to a thriving business environment. The higher salaries offered in these cities reflect the competitive nature of the financial industry and the importance of these locations within Goldman Sachs’ operations.
It is important to note that while these cities currently offer higher salaries for vice presidents, salary structures may change over time due to market conditions and other factors.
Highest-Paid Vice Presidents at Goldman Sachs by Job Level
When it comes to compensation, Goldman Sachs rewards its highest-ranking vice presidents with attractive salaries. These individuals hold various job titles within the company, including Vice President Talent Management, Managing Director, President & Chief Operating Officer, and Executive Vice President. The salaries for these job levels range from $205,198 to $277,591 per year.
“Goldman Sachs values the contributions of its top-level vice presidents and ensures that their compensation reflects their expertise and responsibilities. With these competitive salaries, the highest-paid vice presidents at Goldman Sachs enjoy financial stability and recognition for their hard work and dedication.”
To give you a better understanding, here is a breakdown of the salaries for the highest-paid vice presidents at Goldman Sachs:
Job Title | Salary Range (per year) |
---|---|
Vice President Talent Management | $205,198 – $233,021 |
Managing Director | $217,791 – $252,503 |
President & Chief Operating Officer | $242,096 – $263,744 |
Executive Vice President | $252,918 – $277,591 |
These figures clearly demonstrate that the compensation for the highest-paid vice presidents at Goldman Sachs is well above the industry average. With their extensive experience, expertise, and leadership roles, these individuals play a crucial role in driving the success and profitability of the company.
Recent Salaries for Vice Presidents at Goldman Sachs
Curious about the recent salaries for vice presidents at Goldman Sachs? Here are some figures to give you an idea:
- $187,000 per year
- $128,000 per year
- $170,000 per year
- $230,000 per year
- $187,000 per year
These figures represent the recent salaries of vice presidents at Goldman Sachs, showcasing the variations in compensation at this esteemed financial institution.
While these figures provide insight into the recent compensation levels, it’s important to note that salaries are subject to change based on factors such as experience, job performance, and the specific role within the company.
Vice President Salary Comparison with Competitors
In the competitive landscape of the financial industry, it is essential for professionals to consider the salary offerings of different companies. When comparing the salary scale for vice presidents at Goldman Sachs with its competitors, we find that while Goldman Sachs offers competitive compensation, there are slight variations.
Goldman Sachs VP Salary Range
The average salary for vice presidents at Goldman Sachs is $150,307 per year. While this figure is slightly lower than the national average salary for vice presidents, which stands at $158,637, it still positions Goldman Sachs as an attractive employer for professionals seeking growth opportunities within the financial industry.
Competitors’ VP Salary Range
When considering the salary offerings at Goldman Sachs’ main competitors, such as Citi, BNP Paribas, and Deutsche Bank, we find that they also provide competitive compensation packages for their vice presidents.
“In this highly competitive industry, it is crucial for financial professionals to weigh salary offerings as a determining factor when considering career opportunities.” – Financial Analyst, Citi
To help you make an informed decision, we have compiled data on the salary ranges for vice presidents at Goldman Sachs and its competitors.
Company | Average VP Salary |
---|---|
Goldman Sachs | $150,307 |
Citi | $155,000 |
BNP Paribas | $157,000 |
Deutsche Bank | $152,000 |
As demonstrated, these companies offer salaries in the same range as Goldman Sachs, reflecting the industry’s focus on attracting and retaining top talent through competitive compensation packages.
Retirement and Financial Benefits at Goldman Sachs
When it comes to planning for the future, Goldman Sachs understands the importance of providing comprehensive retirement and financial benefits to its employees. The company offers a range of options to help employees secure their financial well-being even after their working years are over.
401(k) Plan
One of the key retirement benefits offered by Goldman Sachs is the 401(k) plan. This plan allows employees to save for retirement by contributing a portion of their income on a pre-tax basis. The company provides a matching contribution, further boosting employees’ savings. With the 401(k) plan, employees have the opportunity to grow their retirement nest egg and take advantage of tax advantages.
Defined Contribution Pension Plans
In addition to the 401(k) plan, Goldman Sachs also offers defined contribution pension plans. These plans provide employees with a way to save for retirement by making regular contributions throughout their career. The company’s contributions are based on a percentage of employees’ eligible compensation, ensuring that they have the opportunity to accumulate retirement savings over time.
Competitive Salary Ranges
When it comes to financial benefits, Goldman Sachs also recognizes the importance of offering competitive salaries to its employees. The company provides an average salary of $89,917 per year, ensuring that employees have a solid foundation for their retirement savings. Salaries at Goldman Sachs range from $55,884 to $151,499 per year, accommodating employees’ different roles and levels of experience.
If you’re considering a career at Goldman Sachs, rest assured that the company prioritizes the financial well-being and retirement security of its employees. With retirement savings plans like the 401(k) plan and defined contribution pension plans, as well as competitive salaries, Goldman Sachs sets the stage for a financially secure future.
Retirement Benefits Overview
Retirement Benefit | Description |
---|---|
401(k) Plan | A pre-tax retirement savings plan with matching contributions. |
Defined Contribution Pension Plans | Regular contributions from both the employee and Goldman Sachs over their career. |
Competitive Salaries | Salaries ranging from $55,884 to $151,499 per year, providing a solid foundation for retirement savings. |
Overall Satisfaction and Compensation at Goldman Sachs
Employees’ satisfaction and compensation at Goldman Sachs play a significant role in shaping the company’s work culture. Reviews from employees reveal that the overall satisfaction rating stands at 3.4 out of 5, highlighting a positive working environment.
One aspect that employees appreciate is the company’s commitment to fair pay. With a Fair Pay score of 2.49, Goldman Sachs strives to ensure that employees are compensated fairly for their work and contributions.
“I have been working at Goldman Sachs for over three years now, and I am highly satisfied with the compensation offered. The company values its employees and provides ample opportunities for professional and personal growth.” – Employee review
Goldman Sachs recognizes the importance of continuous learning and development. Employees mention the availability of resources, training programs, and mentorship opportunities that contribute to their professional growth within the company. These initiatives foster a sense of fulfillment and job satisfaction among employees.
Employee Testimonials:
- “The compensation package at Goldman Sachs is competitive and in line with industry standards. It reflects the company’s commitment to recognizing and rewarding employees’ hard work.”
- “The fair pay structure at Goldman Sachs ensures that there is transparency and equity in salary distribution. It fosters a sense of trust and satisfaction among employees.”
- “Goldman Sachs provides a supportive work environment where employees can grow, both personally and professionally. The fair compensation further adds to the overall satisfaction and motivation.”
The company’s dedication to employee satisfaction and fair compensation makes Goldman Sachs an attractive choice for individuals seeking a rewarding career in the financial services industry.
Job Listings and Related Jobs at Goldman Sachs
If you are interested in pursuing a career at Goldman Sachs, there are various job listings and related jobs available at the company. One notable position is the Senior Vice President of Global Supply Chain Management, which involves overseeing strategic planning and operations to ensure efficient and effective supply chain processes. This role offers a competitive salary and the opportunity for career growth within the organization.
Another exciting opportunity is the Vice President, Business Development – Cheese, where you will be responsible for driving business growth and identifying new opportunities in the cheese industry. This position requires strong business acumen and expertise in the cheese market. At Goldman Sachs, you can expect a supportive work environment, competitive compensation, and the chance to make a meaningful impact in the industry.
If you have experience in supply chain management, the Supply Chain Director role might be a perfect fit for you. As a Supply Chain Director at Goldman Sachs, you will be responsible for overseeing end-to-end supply chain operations and implementing strategies to optimize efficiency and cost-effectiveness. This position offers attractive compensation and excellent career development opportunities.
FAQ
What is the average salary for vice presidents at Goldman Sachs?
The average salary for vice presidents at Goldman Sachs is 0,307 per year.
What is the salary range for vice presidents at Goldman Sachs?
The salary range for vice presidents at Goldman Sachs is between 2,000 to 0,000 per year.
How much do entry-level vice presidents at Goldman Sachs earn?
Entry-level vice presidents at Goldman Sachs earn an average salary of 2,000 per year.
Does the salary of vice presidents at Goldman Sachs vary by location?
Yes, the salary of vice presidents at Goldman Sachs varies based on location. The highest-paying cities for vice presidents at the company are San Francisco, CA, New York, NY, and Jersey City, NJ, where salaries can range from 8,319 to 5,908 per year.
What are some examples of high-paying job titles for vice presidents at Goldman Sachs?
Some high-paying job titles for vice presidents at Goldman Sachs include Vice President Talent Management, Managing Director, President & Chief Operating Officer, and Executive Vice President. The salaries for these job levels range from 5,198 to 7,591 per year.
Can you provide some recent salaries for vice presidents at Goldman Sachs?
Some recent salaries for vice presidents at Goldman Sachs include 7,000, 8,000, 0,000, 0,000, and 7,000 per year.
How does the average salary for vice presidents at Goldman Sachs compare to the national average?
The average salary for vice presidents at Goldman Sachs is slightly lower than the national average salary for vice presidents, which is 8,637 per year.
What retirement and financial benefits does Goldman Sachs provide?
Goldman Sachs provides retirement savings plans, including defined contribution pension plans. The company offers an average salary of ,917 per year, with salaries ranging from ,884 to 1,499 per year.
What is the overall satisfaction and compensation rating at Goldman Sachs?
According to employee reviews, the overall satisfaction and compensation at Goldman Sachs are rated at 3.4 out of 5. The Fair Pay score for the company is 2.49. Employees mention that the company offers opportunities for learning and development.
What job listings and related jobs are available at Goldman Sachs?
Job listings and related jobs at Goldman Sachs include positions such as Senior Vice President of Global Supply Chain Management, Vice President, Business Development – Cheese, and Supply Chain Director. These positions offer competitive salaries and opportunities for career growth within the company.