I need a raise… How about $622,000?

By Aleki in Everything Else, Money & Finance on Dec 14, 2006 at 3:49 pm

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Wall Street giant Goldman Sachs is set to throw gigantic bags of money at its bankers, traders and stockbrokers this year – lavishing them with more than $16.5 billion in bonus loot, the most ever doled out by a Wall Street firm. The average pay of Goldman employees will be a mind-numbing $622,000 this year.

This is for you Denita TwoDragons. Show this to your boss and say “I really do need a raise.” We’ll see you whale watching in Hawaii soon.

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  1. Moon
    Dec 14th, 2006 at 4:33 pm

    At the top end of the pay scale, it has been reported that Goldman was likely to pay a “golden 25″ managers, bankers and traders at least a cool $25 million each.

    You probably have a “silver 500″ getting $10 million each, etc.

    The guys at the bottom are probably getting a hearty hand shake.

  2. Miss Cellania
    Dec 14th, 2006 at 5:19 pm

    That kind of money is just mind-boggling. You could eat meat every week on that!

  3. Bryan
    Dec 14th, 2006 at 6:56 pm

    Cow meat, not horse!

  4. Alex
    Dec 14th, 2006 at 7:07 pm

    Not reindeer or moose meat, which Neatorama seems to be obsessed about these past couple of days, Bryan?

  5. Hoot
    Dec 14th, 2006 at 11:43 pm

    Just makes me want to puke. I hope the recipients are very giving philanthropists.

  6. Steve
    Dec 15th, 2006 at 12:55 am

    Ever see that movie Boiler Room. I bet its kind of like that.

  7. Denita TwoDragons
    Dec 15th, 2006 at 1:57 am

    **SNORT!!**

    I’d probably see whales in the Highland Lakes before I see a raise like that! ;-)

    –TwoDragons

  8. Anita
    Dec 15th, 2006 at 10:45 pm

    Wow, when I worked there my raise was only $621,000 … look what inflation brings!

    ;)


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