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Goldman Sachs hikes junior banker pay to $110,000 as salary battle sweeps Wall Street

August 2, 2021 Robert Harrington

Goldman Sachs is raising salaries for junior bankers, following the vast majority of its main rivals as Wall Street’s focus on burnout among younger employees continues.

The bank is set to raise first-year analyst pay to $110,000, second-year analyst pay to $125,000, and first-year associate pay set to $150,000, according to people familiar with the matter. READ MORE

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rharrington@bullseye.consulting

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