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I’m in UT. The last I’ve heard was 140K but 120-130K is about right. Will depend on your experience level and if you disclose current comp.
I heard that range even at associate level! I spoke with Tracey Hodge for an Asset Finance associate role end of June. Situation was that I’d be experienced hire with 10 YOE
I think pay range also varies with division. I’ve heard 120K-130K for VP Ops. For Asset Finance, the recruiter initially reached out to me to consider applying for that role. 140K was what I heard from the GS recruiter saying it was in their established range. I never heard back or moved forward after sending resume but that’s ok. It would take a lot of money to consider leaving my current job to go to Goldman. It’s not a bad employer in the area, they have over 2K employees in SLC.
Goldman SLC comp is infamously low and hasn’t caught up with how expensive SLC has gotten. mid-100s base + bonus I’d reckon. Challenge with SLC is the opportunities to move to front-facing functions are limited and that’s where the comp picks up — unless you get one of the 3-4 MD slots.
Yes rents are going way up in SLC! Still, no where near level of Bay Area and NYC. Downtown is easily $1600 for a 1BD 1BA but a lot of those apartments are older and don’t come with a garage which is a must if bringing a car.
Further out 25 min you can rent a 2BD 2BA for that price. Renting a room in a house is the way to go if wanting to save a ton of money. 600-800 for private room.
I personally rather live outside of downtown and buy a TH or single family home instead of renting in downtown, and lock in your monthly rate. Rent a couple rooms on Rentler/KSL or Airbnb if fairly close to airport or ski area for a bit but after a while you won’t need renters anymore. I would not wait to buy in SLC, it is poised for growth.
If living smack in downtown, you really don’t need a car. There’s plenty of areas outside of downtown to live in and it’s nice to have car if you want to visit a national park (Yellowstone, Arches, Zions, Bryce, Canyonlands). Skiing is great here, many options. The drive to Las Vegas or Disneyland is very doable.
Other comps I’ve heard (not specific to GS)
A Sr. Accountant band is 90K at 50th percentile. A Sr. Financial Analyst with 4-7 YOE just over 94K at 50th percentile. Fund Accountant is around 75K - 78K.
I would expect GS to pay above market. It gets trickier to compare comps because of the bonus. Most companies do not offer a bonus for analyst level (Amex is one example)
Banking/fintech industry is prevalent in Salt Lake metro area. Many companies have a bank charter established in Salt Lake City. Goldman Sachs SLC I think is one of the largest employers in the area. Several banks in the area recruit ex Goldman (Morgan Stanley, American Express, Bread Financial, Pitney Bowes, JP Morgan, SVB, Zions, UBS, BMW, many more). Square, Lending Club, Diivy, Brex are others I remember. I’ve seen a lot of openings in the area for a place called Affirm, I think they’re remote. Just don’t go to Varo!
If in Utah, I would connect with Mike Jamison on LinkedIn, he’s a headhunter who specializes in banking industry and might be worth talking to him to get better idea of comps. He places candidates for FTE at all levels. The other agency that wouldn’t hurt talking to is Prince Perleson.
120k-130k
Is that just base or base + bonus?
Applying for an analyst and associate level positions. What are typical comps for that level in SLC?
I’m making 80k senior associate in controllers division in SLC