Goldman Sachs Trainee Salaries by 5 Employees

0 - 3 years exp.

₹2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

74% more than the average Trainee Salary in Financial Services Companies for 0 - 3 years of experience

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Last Updated: 9 Dec 2023

Companies similar to Goldman Sachs for Trainee

Company name	Avg Annual Salary	Open Jobs
Atos Trainee Salary 0 - 1 year exp. (200 salaries)	₹2 L/yr - ₹4.3 L/yr 26% less
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WNS Trainee Salary 0 - 2 years exp. (32 salaries)	₹1 L/yr - ₹6.7 L/yr 43% less
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S&P Global Trainee Salary 0 - 1 year exp. (8 salaries)	₹1.3 L/yr - ₹3.5 L/yr 40% less
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Bank of America Trainee Salary Fresher (4 salaries)	₹4 L/yr - ₹6.5 L/yr 26% more
Expleo Solutions Trainee Salary Fresher (4 salaries)	₹2.6 L/yr - ₹3 L/yr 33% less
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Western Union Trainee Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹8 L/yr 34% more
Blackrock Trainee Salary 1 year exp. (3 salaries)	₹8 L/yr - ₹15 L/yr 159% more
Synechron Trainee Salary 1 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹6 L/yr 4% less
Cargill Trainee Salary Fresher (3 salaries)	₹3.2 L/yr - ₹4.3 L/yr 9% less

Trainee salary at Goldman Sachs ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Goldman Sachs.

Experience wise Goldman Sachs Trainee salaries

Last Updated: 9 Dec 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

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Salary related reviews for Goldman Sachs

Senior Associate in Hyderabad / Secunderabad

Full Time

Risk Management & Compliance Department

2.0

• posted on 14 Feb 2025

5.0

for Salary and Benefits

Likes

...S makes you feel like you’re staying 5 star hotel very supportive staff members. Gym reimbursement Bonus Insurance etc

Salary - Excellent

+1 more

Dislikes

Toxic work culture Promotion is based on favouritism of Team manager. Floor is divided in two parts Bangalore and Hyderabad. Bangalore people who are staying in Hyderabad yet hate Telangana people. Lot of micro management.

Job security - Poor

+4 more

Associate Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 08 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing worth mentioning

Dislikes

Poor compensation, they won't give any hike upon promotions as well No benefits to junior employees, leadership takes all the money and benefits Mandatory work from office policy Leadership will try to justify their decision choices even if they are not logical Work quality is mediocre Long work hours

Salary - Bad

+5 more

Senior Software Developer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

1.0

• posted on 15 Feb 2023

4.0

for Salary and Benefits

Likes

if you are only concerned about package then GS pays off good fortune, but for work ethics, learning, work life balance and work satisfactions it is a disappointment. lots and lots of internal politics no well defined structure of work, its all about working in a fashion to get in eyes of upper management, no matter you actually work or not. Also, no job security, your performance does not matter when it comes to retaining, its all about how highly you are paid.

Salary - Good

Dislikes

politics, bios-ness, no structure of work , restriction of growth.

Skill development - Bad

+4 more

Software Developer in Bangalore / Bengaluru

Engineering - Software & QA Department

5.0

• posted on 23 Mar 2022

3.0

for Salary and Benefits

Likes

Everything about Goldman is amazing!

Skill development - Excellent

+5 more

Dislikes

The differentiation that they have in their compensation between Tier 1 and Tier 2 colleges. It’s maintained even after joining and in promotions. Tier1 get better bonuses simply because they are from a Tier1 college.

Liquidity Analyst in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Nov 2023

3.0

for Salary and Benefits

Likes

Goldman Sachs offers a very conducive work environment and will help any individual build a strong professional network of smart and highly thoughtful people. As for job security, there was recently a round of layoffs in the Bengaluru and Hyderabad offices, but the Risk division remained largely unimpacted by it, as this is a more federation mid/back office role.

Job security - Excellent

+2 more

Dislikes

The compensation is not very competitive anymore. Gone are the days (roughly 5 years ago or older) when Goldman Sachs was ranked among the top paymasters in IITs and other engineering colleges. This can also be felt in how the firm treats its employees, they are aggressively looking to cut costs with perks and other basic office facilities. Work at Goldman Sachs can also be very monotonous in that daily deliverables are simply regulatory reports that are submitted daily, with only the data being refreshed every day. Not too relevant to the analytics & reporting roles, but Goldman Sachs has often been criticized for the age-old tech stacks and infrastructure in place, which hindered progress many times. As others have opined, do agree with the statement that promotions do not hold a lot of value at Goldman Sachs.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Goldman Sachs

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a software engineer

2d (edited)

Looking for Support in Getting Referral and My Resume Shortlisted

Hello everyone, For the past two months, I’ve been actively applying for SDE and Data Engineer roles at companies like Goldman Sachs, JPMorgan, American Express, MasterCard, Morgan Stanley, BNY Mellon, CITCO, and several others. Despite regularly updating my resume, practicing on LeetCode, and staying consistent with my efforts, I haven’t received any callbacks from recruiters. If any of you could assist me with a referral to the companies mentioned above, it would be incredibly helpful. I am confident in my ability to excel in the interview process, but I would greatly appreciate your support in getting my resume shortlisted. I am open to all roles involving technology, particularly those related to Python, Java, and their respective frameworks.

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Goldman Sachs Trainee Salary FAQs

What is the salary of Trainee at Goldman Sachs ?

The average salary of a Trainee at Goldman Sachs in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Trainee at Goldman Sachs earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Trainee Salaries at Goldman Sachs can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Goldman Sachs employees in India.

What is the estimated take home salary of a Trainee at Goldman Sachs in India?

The estimated take-home salary of a Trainee at Goldman Sachs in India typically ranges from ₹31,492 to ₹32,784 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Goldman Sachs. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Goldman Sachs for Trainee in India?

Blackrock	₹8.0 Lakhs to ₹15.0 Lakhs per year
Western Union	₹2.0 Lakhs to ₹8.0 Lakhs per year
Bank of America	₹4.0 Lakhs to ₹6.5 Lakhs per year
Thomson Reuters	₹4.5 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Goldman Sachs, depending on the role and experience level.

What is the salary of a Trainee in companies similar to Goldman Sachs in India?

The salary of a Trainee at companies similar to Goldman Sachs in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Synechron	₹2.6 Lakhs to ₹6.0 Lakhs per year
AtkinsRealis	₹3.6 Lakhs to ₹5.2 Lakhs per year
Cargill	₹3.2 Lakhs to ₹4.3 Lakhs per year
Gallagher	₹3.0 Lakhs to ₹4.0 Lakhs per year
Atos	₹2.0 Lakhs to ₹4.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Trainee at Goldman Sachs in India?

The salary growth for a Trainee at Goldman Sachs depends on factors such as experience, performance, and promotions. On average, a Trainee can expect the following growth trajectory at Goldman Sachs:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.5 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.6 Lakhs per year
3 years	₹6.0 Lakhs to ₹6.0 Lakhs per year

and so on.

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Goldman Sachs Trainee Salaries

Goldman Sachs Trainee salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Goldman Sachs latest salaries received from various employees of Goldman Sachs.