Benefits, Wellness & Compensation
From compensation and benefits to wellness and on-site childcare, we aim to support your commitment to your job as well as your priorities and interests outside of work.
Your compensation will be reviewed annually and may consist of salary, discretionary compensation, and certain local allowances, where applicable. Compensation is determined by a number of factors, including the firm’s performance, divisional performance and individual performance. We spend a great deal of time ensuring that people are compensated appropriately and we aim to provide highly competitive pay levels over the long term.
Healthcare and Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday and Vacation Policies
We offer competitive vacation policies based on employee level and office location. This is in addition to any number of statutory and public holidays as determined by each office. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
The firm provides a number of resources and offerings designed to help our employees achieve their personal financial goals. We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities — from buying a home, to navigating market volatility and investments, legacy and estate planning, tax strategies, and will preparation.
We provide a range of wellness services and programs designed to support your personal health and wellbeing.
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Personal and Family Responsibilities
Childcare / Family Care
In some offices, we offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Leave of Absence
Employees are generally eligible for additional marriage or civil partnership leave, parental and adoption leave and family emergency leave. Pay and duration is determined by each office. Sabbatical leave is available for tenured employees.
A comprehensive range of other benefits is available to employees. These vary by office location and include Business Travel Assistance, scholarships and support for education, reimbursement for certain entertainment, meals, communication and transportation.
Based on manager approval, the following arrangements may be available to help employees meet their personal and family responsibilities: part-time schedules, job sharing, telecommuting, and alternate hours.
Wealth Creation and Equity Awards
Our equity program is designed to attract, retain and motivate employees; and to align them with the long-term growth of the firm. The firm also looks to offer additional wealth-creation opportunities, including the Employee Special Investment Program, which offers Goldman Sachs funds to eligible employees who are qualified investors.
All offerings vary by location.