$521,000: The average pay of Goldman Sachs employees and that includes secretaries
So you aren't quite satisfied with your job and the pay sucks. Well, you aren't alone - welcome to the American way. That is unless you work for Goldman Sachs. It seems that a close inspection of the companies latest regulatory filings revealed that they just closed a record bonus season and wages are averaging $521,000, and THAT includes secretaries my friends.
Last year, Goldman Sachs paid out $11.7bn (£6.7bn) to its 22,425 employees - around 3,000 of whom are in London. This is a 12 per cent increase on the $466,000 average disclosed for 2004. It is twice the level of average pay at rivals Merrill Lynch and Morgan Stanley.
So if you happen to have a degree in something, ANYTHING, that can get you in the door at Goldman Sachs, and you are working as a used car salesman or something, I suggest you dust off that old resume and camp out at your local Goldman Sachs office until you get a job. Get the full scoop and details at The Independent.
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