r/goldmansachs_india

How much hike does Goldmansachs give, for lateral hire ?

I’m currently at around 40-50 CTC and interviewing for a VP role at Goldman Sachs India.

For people who have recently joined Goldman laterally at VP level:

  • What kind of hike did you get over your previous CTC?
  • What is a realistic range to expect — 25%, 30%, 40%+?
  • How much was the fixed vs variable component?

Would appreciate any recent experiences. Thanks!

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u/Agile-Connection-719 — 23 hours ago

Will they revoke my offer letter?

I got my offer from gs last week.
I worked in a company after college for 1 month since it was night shift I quit in 1 month. They created a pf without me knowing. During my background check I found out now that they have created a pf and deposited money in it.

After which I have worked in another start up for 1 year now.

Obviously I didn’t put the first company on my CV because it looks bad.
They have asked me for my UAN access and now when I checked the money and first employer is there.

Will they revoke my offer for hiding this info since it will come out from background check?

I’m getting very scared.

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u/No_Rent_8035 — 3 days ago

Lateral Hire, Awaiting offer letter

Hey everyone, its about to be around 3 weeks since my salary discussion round , and haven't received my offer letter , got few updates during this time from HR, 1st one was only 1 update is pending and the 2nd was this week , they said I should get soon as they were securing relocation assistance approval, then got an update the hiring recruiter and business unit were having some discussions , any idea what this could mean ?

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u/Naive-Essay-4534 — 3 days ago

Goldman Sachs Mumbai Operations 2027

Anyone applied for the 2027 Mumbai Operations Summer Analyst role? My application is still “Under Consideration” — has anyone heard back or seen any updates on the process?

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u/VirtualHorror — 3 days ago

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: â‚č60L Base + â‚č25L Bonus = â‚č85L Total

​Year 2: â‚č64L Base + â‚č12L Bonus = â‚č76L Total (â‚č9L drop)

​Is this a common practice at GS?

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u/Any_Road_8135 — 4 days ago

Do I need to close my demat with international investments?

Just joined the firm. I hold a demat with Interactive Brokers through which I invest in public equities abroad.

If I declare this, would they ask me to close the account, or I can maintain it without buying any more stocks (only ETFs/MFs).

What if I don’t declare?

If you have any experience with this shit pls do comment/DM.

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u/rarelygiveshits — 4 days ago

Received OA but not aware of Job ID

Received the OA HackerRank link but don't know for which job id, they have shared. I applied for two roles:

 

I am an Indian 2027 UG student, if someone applied any of above, please make me clear whether they received OA for either of above or not..

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u/Annual-Masterpiece93 — 4 days ago

Can someone please help!

Hey there!
22f this side
Can please anyone help me with these roles.
Trading analyst/ equity research analyst.
I am a 3rd year student pursuing BMS in capital markets and I am currently clueless how to proceed further for these roles.

How can I become eligible for these roles I mainly want to go into trading based roles and I don’t come from a high quant based background so please help me accordingly.

I don’t have any expectations from college that they gonna provide any jobs or anything but I have 8-9 months and I really wanna utilise them by working on my skills, any sort of advice or help or opinion is appreciated!

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u/Richie-richi — 5 days ago

Need referral

Hi,

I just came across a VP Role on GS careers website which perfectly aligns with my experience and looking for someone to refer me. The applicants count is very high on LinkedIn. Referral would be a great help for quick scrutiny by HR.

Pl DM me.

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u/mindful2210 — 5 days ago

Wealth Management – Bengaluru – Chat Process – Digital Operations – Specialist

Hi everyone! Is anyone currently working in this process in Bengaluru or has experience with this role?
I’m considering this opportunity and would love to know more about how to join cause I’ve been laid off and my mom’s not well, I really need a job.
Would really appreciate any honest insights from someone who has worked in or has knowledge of this process. Thanks!

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u/Siren_Scream404 — 5 days ago

Got into Goldman Sachs HCM (Intern) from campus, what does the long-term career path look like?

Just got selected for a Goldman Sachs HCM internship through campus. Around 1,500 students were in the pool, so honestly, I’m pretty damn happy

The internship pays around â‚č55k/month but now I’m curious about the bigger picture.

If I get the PPO:

‱ What does the salary look like after 2, 4, 5 and 10 years?

‱ How fast can you move up in HCM?

‱ What’s the actual WLB like?

‱ Is HCM a good long term career at GS?

‱ And would you stay for 5 to 10 years or use the GS name to jump elsewhere?

Would love some brutally honest answers from people in GS HCM or ex-GS folks!

Thanks :)

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u/yoyocrazyyyyy — 6 days ago

How serious is first advantage?

I got my offer letter from GS this week. They sent me a first advantage link for background check. During my submission, the website la a lot and took my previous experience 3 to 4 times, and there has been some glitch. After submission I reviewed and then later realised that in my work experience, I have worked in only one company before. For the question permission to contact previous employer, it has auto selected no, whereas I never even got that option. What do I do? How serious is it?

Someone with any knowledge, please help me out.

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u/No_Rent_8035 — 5 days ago

Summer Analyst 2027 India

​

I’ve noticed that the 2027 Summer Analyst applications are already open for several regions, but I haven’t seen an opening for India yet.

Does anyone know when applications for the India office are expected to open? Also, is the India timeline usually different from other regions?

Any information or insights from previous applicants would be really helpful. Thanks!

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u/unknown_someone257 — 6 days ago

ppo decision

I am from a top 3 iit cse, and recently received a return offer for an swe role at gs.

I am not particularly excited about the kind of work my team was doing during the internship, so yeah I am unsure whether I should accept the PPO or sit for placements, given the market conditions rn.

Can anyone share some insights that might help me in making the decision.

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u/burnt-pizzza — 8 days ago

Does GS hire humanities students

Hello everyone one! I am currently doing my B.A in Pol.Sc. I have been finding finance intresting and Frankly speaking I want to land a job that pays well , in India or abroad .Comparatively since I have a bit time in hands I am open to learning any skills. I need guidance and a roadmap since I am very confused about this .

I tried searching professionals in this field on LinkedIn but most of them are from field like MBA /BBA etc have a past background in tech degree or commerce degree.

I am from a middle-class family in India and can't afford time or expensive degree like MBA or abroad ones .i honestly want to build a good career and be better financially. Please help me out 🙏 🙏 🙏 .

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u/PossibleMuch4245 — 7 days ago

Pf confusion

I got my offer last week. While filling in the details, they have asked me for my form 11 PF UAN details.
I worked in a company for one month last year and did not disclose that because it looks bad on my CV that was my first job. Hence I did not give them any details about PF but turns out during them my salary they have created a UAN number for me.

If I submit this UAN number, how serious can I get?
I am very scared right now will I lose my job?

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u/No_Rent_8035 — 5 days ago

What are the benefits provided by Goldman Sachs to it’s employees in Bangalore office?

What are the benefits provided to employees other than CTC ?

I heard that it is the best company in terms of Pay & Benefits in FinTech domain compared to its competitors like JPMC, Morgan Stanley, Wells Fargo, etc


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u/Electronic-Top1813 — 9 days ago

Shifting to Bengaluru for a GS role; need recommendation on areas

Hi, I’ll be joining GS Bengaluru office in 2 months and wanted to know how the standard of life is in Kadubeesanahalli? Do people tend to live closer to office area? If not, which areas do people prefer? I don’t want to commute too much from home to office or from home to some other area that people go to chill. 1bhk preferred.

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u/nddave123 — 9 days ago