Master 40 Goldman Sachs interview questions covering technical skills, market knowledge, and cultural fit.
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Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
This question can come up anywhere in the interview, but it more commonly comes toward the end. It's never a good idea for the person being interviewed to bring up pay too early, but once the interviewer addresses it, it's fair game. A good question to ask when quantifying your number is how frequently pay increases occur and how their pay structure works. Whether it is salary or hourly holds weight when determining your price. To ensure you are coming up with a fair number, you can also ask what other benefits are offered with the position. Health benefits cost an employer money and should be considered when coming up with your number, as well as any incentives, bonuses, or other perks. Be open, realistic, and honest. Transparency is the best choice when salary-based questions arise. If you want the job, don't be too eager to accept a low offer. Likewise, don't throw out an unrealistic number. Doing so could be viewed as disrespectful of the time and energy spent interviewing you.

Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I earn a base salary of 145,000 per year plus a potential 20% annual bonus. Last year, my earnings were 174,000, and I would like to stay in the same range or higher."

Kevin Downey has an extensive background in business management, recruiting, branding and marketing. He's volunteered his career coaching services at job fairs, lecturing on interview techniques and crafting winning resumes and cover letters.
"I'd like to know how frequently pay increases occur. I'm curious about how the pay structure works - salary or hourly. Also, to come up with a fair number, I'd like to understand what other benefits are offered with the position, primarily health insurance, as well as any incentives, bonuses, or other perks. At my last job, I earned a base salary of 145,000 per year, plus a potential 20% annual bonus. Last year, my earnings were 174,000. I didn't receive any health business and had an out-of-pocket premium of 260 a month with a 6000 deductible."

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Written by Rachelle Enns
40 Questions & Answers • Goldman Sachs

By Rachelle

By Rachelle