▲ 12 r/goldmansachs_india
Is the Year 2 compensation drop real for lateral hires at Goldman Sachs India?
Seeing a lot of posts about lateral offers at GS India following this exact pattern:
Year 1: HR inflates total pay with a heavy first-year bonus target or sign-on component (~30%–50% of base).
Year 2: Base gets a minor bump, but the variable bonus contracts to standard levels (~15%–20%), resulting in a net pay drop.
Quick Example:
Year 1: ₹60L Base + ₹25L Bonus = ₹85L Total
Year 2: ₹64L Base + ₹12L Bonus = ₹76L Total (₹9L drop)
Is this a common practice at GS?
u/Any_Road_8135 — 4 days ago