Perhaps not too surprisingly,Goldman Sachs pays VPs more than any other bank. Vice presidents at Goldman score a base salary of$169,896a year,on average,while financial analysts make $69,461.
People also ask
How much does a vice president make at Goldman Sachs?
If you’re a vice president (VP) at Goldman Sachs, you’ll typically earn a salary alone of between $175k and $275k depending upon your division and location. Today, Goldman Sachs shunted thousands of people into that salary band.
How many of Goldman’s New VPs are female?
Goldman doesn’t break out how many of its new VPs are female. In its most recent sustainability report, it said it wants 40% of its VPs to be gender diverse by 2025, for 7% of it VPs in the Americas and the UK to be black, and for 9% in the Americas to be Hispanic or LatinX. Presumably it’s not quite at that target.
What is the going rate for VPS in London?
According to last year’s salary and bonus survey from recruitment firm Arkesden Partners, the going rate for VPs in London was between 248k and 315k ($338k to $429k) in total compensation in 2021. Following yesterday’s bonus announcements, that rate has risen considerably.
How long does it take to become a VP at a bank?
If you start as an Analyst, it might take 2-3 years to become an Associate, and it might then take another 3-4 years to become a VP. Most banks will promote you to VP only if they believe you鈥檙e capable of eventually becoming an MD.