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Goldman Sachs bonuses

$12.1 Billion Bonus Pool: No Joke


You may have heard that after a highly profitable year, the CEO of Goldman Sachs will be rewarded with up to $70 million (salary, stock, and bonus). And what about the rest of the $12.1 billion dollar pot? Experts said,

With Goldman the envy of Wall Street as the only bank awarding any big bonuses, the formula of how the $12.1 billion pot of bonuses alone is distributed is based on two principles: favoritism and how much profit your department generated.

Ah, favoritism. Nice to see they're sticking to the facts. It just goes to show how much rapport and reputation are really worth! Maybe a little extra motivation to make more office friends and get along better with your boss this year?

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