raghu wrote:
More Goldman Sachs hate - this one a very well-written Canadian article: http://www.cbc.ca/world/story/2009/11/12/f-rfa-macdonald.html --------------------------------------snip In this awful, miserable, depressed year, at a time when at least one in 10 Americans are jobless, the average pay for Goldman's 30,000 employees is expected to clock in at $700,000.
This number makes it sound like the company is brimming with millionaires. I doubt that a meat-and-potatoes programmer makes more than $100,000 per year (as opposed to those developing derivatives logarithms.) Throw in a 20 percent bonus and you still are nowhere near that figure. A more accurate figure would be based on the *mean*. I imagine that the mean salary might be closer to $75,000 a year given all the clerks, messengers, etc.
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