Feel highly underpaid compared to the $600,000 average bonus of GS? Please
read the article of NYmag of last year's bonus distribution.
http://nymag.com/nymetro/news/bizfinance/biz/features/15197/index.html?imw=Y
In short:
The Goldman Sachs Diet
If the firm split its potential $11 billion pie equally among all 22,000
employees worldwide, they’d each get $500,000. But that’s not how it works.
The Big Piece
There are 250 or so partner managing directors, each of whom would receive
an average bonus of $2 million right off the top. The rest depends on the
success of their part of the business, and it can be massive. Top income-
producers like Mark McGoldrick, co-head of global proprietary investment,
can make upward of $40 million.
The “Tide You Over Until You’re a Somebody” Piece
Executive managing directors, also known as “MD Lites,” can make up to $3
million.
The Table Scraps
Just-out-of-college analysts make $70,000 and hope to match that in bonus.
Associates, with M.B.A.’s, hope to match their $95,000 salaries with a
bonus, too. Secretaries who make as much as $75,000 have their sights set on
bonuses of roughly $15,000.
--