The Firmwide Compensation Team drives the development and implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. This function requires liaising with other departments such as Controllers, Legal, and Tax and will also involve providing support to other HCM functions, including HCM Business Partners and Business Compensation, Recruiting, Executive Compensation, Equity Compensation, Global Mobility Services, and Analytics teams.
JOB SUMMARY & RESPONSIBILITIES
- Serve as a strategic advisor to design compensation programs and deliver projects in line with firm and divisional strategy
- Design of compensation programs and policies, including modeling financial costs and implementation strategies
- Lead compensation benchmarking initiatives by working with consultants, HCM peers, and businesses to provide key findings to divisional and firmwide senior leadership throughout the year
- Partner with cross-functional HCM teams to advise on all compensation matters for current employees and new hires
- Focus on identifying continuous improvement and automation opportunities, drive process change, and create efficiencies across the broader compensation functions
- Analyze hiring and attrition trends to understand market movement and advise senior stakeholders on best approaches to attract and retain top talent
- Work closely with finance and divisions to manage compensation budgets throughout the year; centrally administer the year-end compensation process for the firm
- Mentor and develop junior team members
- Other duties as assigned
QUALIFICATIONS
- Bachelor’s degree required; Bachelor’s degree in an analytical field such as Finance, Accounting, or Mathematics or a related field in HR preferred
- 5+ years of relevant work experience required;
- Highly proficient working with and analyzing large sets of data and presenting results that tell a clear and compelling story
- Ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients; balances competing deadlines effectively
- Highly organized, strong attention to detail, and excellent follow-through required
- Strong written and verbal communication skills, ability to develop relationships with professionals across several HCM groups, and act as an effective liaison to meet client needs
- Ability to work with Excel on a day to day basis including vLookups, Pivot Tables, and other advanced formulas.
- Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate
- Ability to work well both independently and in a collaborative, fast-paced, and global team environment
Skills Required
- Bachelor's degree
- Bachelor's degree in an analytical field (Finance, Accounting, Mathematics) or related HR field
- 5+ years of relevant work experience
- Highly proficient analyzing large datasets and presenting results
- Advanced Microsoft Excel skills (vLookups, Pivot Tables, advanced formulas)
- Experience designing compensation programs and policies, including financial cost modeling
- Experience leading compensation benchmarking initiatives and working with consultants
- Strong written and verbal communication and relationship-building skills
- Ability to manage multiple time-sensitive projects and balance competing deadlines
- Highly organized with strong attention to detail and excellent follow-through
- Ability to mentor and develop junior team members
- Ability to work independently and collaboratively in a fast-paced global environment
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Healthcare is described as offering multiple plan options with subsidized premiums and prescription coverage. Materials indicate there are no pre-existing condition limitations in the U.S. summary.
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Retirement Support — Retirement benefits are considered competitive, including employer 401(k) matching and access to financial education and planning resources. These features position long-term savings as a core component of the package.
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Parental & Family Support — Family-support programs include paid parenting leave, family-care leave, and resources such as childcare support and lactation rooms in some offices. These offerings signal emphasis on supporting caregivers alongside work.
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What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com








