Goldman Bonuses

Trustme · Dec 17, 2006

Anyone know the median of the GS bonuses? Would be interesting....

BENG · Dec 17, 2006

Quote from RedDuke:

Yep, I also googled it. How can they justify to their shareholders giving up 43% of their revenue as bonuses. If I were a shareholder I would riot.

The high bonus came from the partnership status before they went public. Back then they got back 50% of their profits.

RedDuke · Dec 17, 2006

Quote from stock777:

dudes, everyone at GS is smarter than you, even (especially?) the guy that cleans the urinals.

Thus the high renumeration.

And since you have been here among us since 2001, you too based on your logic.

Hydroblunt · Dec 17, 2006

Quote from diligent:

"The NYSE/Arca deal is a great example."

lol... GS is not your problem... find your setups and trade them.

lets just hope the tape doesnt get destroyed by the greedy. if not, there will always be a place for the good trader.

Over your head I see.

You completely missed the point I was making. I suggest you look up the deal and its details. There were blatant legal issues that would have been pressed had this been someone else other than GS and not part of the elite Wall Street club. There are many other examples, I am not at all talking about how the GS auto algos will eventually dominate NYSE, just like they do Nasdaq. That's a whole another issue, no, the special privilieges I speak about go way beyond simply chopping up the daytaders.

Sometimes I think I give the ET posters too much credit and feel that I do not need to spell it out.

WallstYouth · Dec 18, 2006

Office Assistant 5 - 15%
Infrastrucuture Support / IT Operations 15% to 50%
Specialized App Support groups like GSAT 20 - 50%
Developers 20% - 60%
Sales Traders - 5 - 100%
Research 50 - 200%
Investment Banking 100 - 5000%

Enjoy!

dhpar · Dec 18, 2006

Quote from WallstYouth:

Office Assistant 5 - 15%
Infrastrucuture Support / IT Operations 15% to 50%
Specialized App Support groups like GSAT 20 - 50%
Developers 20% - 60%
Sales Traders - 5 - 100%
Research 50 - 200%
Investment Banking 100 - 5000%

Enjoy!

what are these numbers? bonuses as a percentage of base? That would be quite low in fact....and really skewed.

monistat7 · Dec 18, 2006

Quote from WallstYouth:

Office Assistant 5 - 15%
Infrastrucuture Support / IT Operations 15% to 50%
Specialized App Support groups like GSAT 20 - 50%
Developers 20% - 60%
Sales Traders - 5 - 100%
Research 50 - 200%
Investment Banking 100 - 5000%

Enjoy!

sales & traders should be 5 - 10000%.

those big dog traders on their prop desks are no joke.

SyndBroker · Dec 18, 2006

Quote from monistat7:

sales & traders should be 5 - 10000%.

those big dog traders on their prop desks are no joke.

That's "Sales Traders" and not "Sales & Traders". All they do is take & execute institutional orders.

diligent · Dec 29, 2006

Hydroblunt - i do know what you are saying i think we just disagree to the extent, imo

taofinance · Dec 29, 2006

Quote from WallstYouth:

Office Assistant 5 - 15%
Infrastrucuture Support / IT Operations 15% to 50%
Specialized App Support groups like GSAT 20 - 50%
Developers 20% - 60%
Sales Traders - 5 - 100%
Research 50 - 200%
Investment Banking 100 - 5000%

Enjoy!

Since when does IT operations and app support earn 50%? Research making 200%? Transfer those to sales traders, developers, and IB... those are the people that make $$$.

I am guessing WallstYouth is in IT.

Office Assistants count the money
IT makes sure the money doesn't short circuit
Developers program money makers
Sales traders find and make the money
Researchers don't make that much money
Investment bankers IPO the money

Who is the most valuable here?