So $30bn divided by 860 equals ... where's my calculator? Investment revenue, which includes equity and debt underwriting, fell 10% $1.51 billion in the same period. For comparison, Goldman-Sachs claims that they have a roughly 3% acceptance rate for jobs. Glasshouses and stones etc. Firstly Goldman Sachs and Morgan Stanley both pay the most, at an average of $1.5m in combined salary and bonus. If nothing else this conference call proves that the finance director of Goldman Sachs doesn't understand how to use the term "basis point", which can only refer to interest rates. Adjusted for the increase in the bank's workforce, Viniar says the 5% fall in compensation is "in line with the revenue decline". GOLDMAN SACHS GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Goldman Sachs Bonus Condition I have an offer for GS: 160k, 75k bonus, 18k reloc and RSUs (TBD). 5pm GMT: Just in time, the Robin Hood Tax Campaign sends its reaction: "Its incredible to think that even in a bad year the average Goldman Sachs pay packet is an eye-popping £269,000 – more than ten times the average UK salary.". Partners at Goldman, which typically represent about 1% of Goldman’s 32,900 work force, typically get paid anywhere from $3 million to $6 million apiece, including base salary and bonuses. Oh now there's someone on from Barclays Capital. You can receive a $100 bonus when you deposit $10k or more in new money into a new or existing Online Savings Account within 10 days of enrollment, and maintain those funds and your current balance for 90 days. Client risk appetites! David Williams, an investment banking analyst at Fox Pitt Kelton, said: "This year is shaping up to be the best year ever for investment banks, or at least those that have emerged relatively unscathed from the credit crisis. It is believed to have paid 973 bankers $1m or more last year, while this year's payouts are on track to be the highest for most of the bank's 28,000 staff, including about 5,400 in London. It told employees last year that profit-related bonuses would be delayed by 12 months. He also says that total bank staff employed in 2010 was 35,700 – 10% up on 2009. Brendan Barber, head of the UK's TUC (the British counterpart of the AFL-CIO) said: "Goldman Sachs has stuck two fingers up to austerity Britain by shelling out mega bonuses again. 2.45pm GMT: Viniar addresses "compensation" - pay and bonuses. Goldman Sachs Bank USA (now operating under the brand Marcus by Goldman Sachs) has recently launched a savings account promotion. The global banking giant and "vampire squid" Goldman Sachs this morning announces its earnings figures for the fourth quarter of 2010 – and will reveal the pay and bonus details that it plans to lavish upon its staff. Goldman Sachs Gives is committed to fostering innovative ideas, solving economic and social issues, and enabling progress in underserved communities globally.Through a donor-advised fund, Goldman Sachs’ current and retired senior employees work together to recommend grants to qualifying nonprofit organizations to help them achieve their goals. These earnings would make Gordon Gekko blush.". The conference call will also be accessible as an audio webcast through the Investor Relations section of our web site, www.gs.com/shareholders/. Bonus Watch '08: Goldman Sachs. A lack of competition and a surge in revenues from trading foreign currency, bonds and fixed-income products has sent profits at Goldman Sachs soaring, according to insiders at the firm. If by "very Darwinian" you mean "incredibly well paid" rather than "torn limb-from-limb by a pack of Velociraptors". In that he thinks there is one. 2.37pm GMT: So far the conference call is David Viniar, the bank's finance director, droning on reading out a prepared statement about "macroeconomic uncertainty" and "client execution revenues". There is also a lack of competition that means they can charge huge sums for doing business.". But the firm's profits were down far more than that. With a 40.8 billion revenue and 34,000 employees around the world, Goldman Sachs is one of the most famous investment bank in the world. Goldman Sachs Execs Won't Get Cash Bonuses December 10, 2009 / 2:32 PM / AP Goldman Sachs Group Inc. 's top executives will not receive cash bonuses this … The Goldman Sachs Group, Inc. pays an average of $13,131 in annual employee bonuses. For the year net revenue, revenue minus interest expense, was $39 billion, down 13% from 2009. Boo. That means that Goldman is making considerable less money than it used to on the nearly the same amount of revenue. 1.55pm GMT: My colleague Jill Treanor, deputy City editor on the Guardian's business desk, is casting her expert eye over the Goldmans earnings figures, and here's her first take: Goldman Sachs has set aside $15.3bn to pay its staff in 2010 - an average of $430,000 each – in a move that re-ignited the controversy over City pay and bonuses. Last week, the firm predicted that President Barack Obama's government could issue $3.25tn of debt before September, almost four times last year's sum. Please activate cookies in order to turn autoplay off. Goldman Sachs gave roughly $100 million in … With such a great APY rate you can earn big! My colleague Jill Treanor is also listening and observes: So David Viniar, the finance director, is trying to justify the pay and bonus pot by pointing to the extra headcount and he is insisting that the compensation ratio - although so much higher than 2009 - is still down on the average between 2000 and 2009. Even the largest bonuses at Goldman this year are likely to be a far cry from those given out during Wall Street’s prelapsarian years. Brown-bag lunches aboard the Gulfstream are just the start. If only every other company in the world paid their people as "fairly". There is no charge to access the call. Per head, the average payout has fallen from $498,000. 1.40pm GMT: Here's a statement on the earnings figures from Goldman Sachs chief executive and chairman Lloyd Blankfein: "Market and economic conditions for much of 2010 were difficult, but the firm's performance benefited from the strength of our global client franchise and the focus and commitment of our people. Goldman has used 40% of its revenue to pay staff, some 5,500 of whom work in the City and will begin to learn in the coming days about the size of their 2010 bonuses....The bank now employs 3,200 more staff that it did a year ago, an increase of 10%, which might explain why the compensation pool has not fallen as much. The specific ranges can vary based on the division and team you are in, and can also vary across regions. Viniar says he expects staff growth "in the mid-to-high single digits" – percentages presumably.