On the Issues

Our compensation framework adheres to pay-for-performance principles that align the interests of our employees with the long-term interest of our shareholders. 

Compensation at Goldman Sachs includes an annual salary, and when appropriate, performance compensation awarded at the end of the year.

We expect our shareholders to hold us accountable for the way in which we carry out our compensation principles.

Pay-for-Performance Principles

1.  Company Performance: Compensation should be aligned with overall business performance. Compensation growth and revenue growth should be tied directly to each other 

2.  Employee Performance: Compensation should be aligned with overall employee performance and the long-term interests of the firm, and encourage real teamwork. Performance needs to be assessed over time utilizing a comprehensive evaluation process. 

3.  Risk Management: Compensation should discourage excessive risk taking. 

4.  Attracting and Retaining Employees: Our people have been the key contributor to the success of Goldman Sachs and to generating industry-leading returns.

5.  Align Employee and Shareholder Interests.

READ MORE

• Recent Changes
  
• Aligning Compensation with Results
  
• Employee Evaluation Process
  
• Discourage Excessive Risk Taking
  
• Equity vs. Cash Compensation