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Goldman CEO Says He Sees ‘Real Wage Inflation Everywhere’ after 33% Jump in Pay Expenses
2022-01-19 20:49:41 来源:Daguan Keweiwei
According to foreign media reports, CEO of Goldman Sachs, David Solomon, said that compensation costs at Goldman jumped 33% to $17.7 billion for 2021, a whopping $4.4 billion increase. That made the average per employee compensation reach about $404,000 in 2021, up from $329,000 in 2020.
The jump in compensation costs disclosed across Wall Street for 2021 may have surprised analysts because in the prior year, the first of the pandemic, banks showed restraint on compensation.
“There is real wage inflation everywhere in the economy, every-where,” Solomon said, “There were definitely places where I think with hindsight and with the constantly evolving environment of Covid and supply chain changes, the monetary and fiscal policy environment, what they did to savings rates, etc., there was real pressure on wages.”
About Goldman Sachs
The Goldman Sachs Group is an American multinational invest-ment bank and financial services company headquartered in New York City. It offers services in investment manage-ment, securities, asset management, prime brokerage, and securities underwriting. It also provides investment banking to institutional investors. The bank is one of the largest investment banking enterprises in the world by revenue,and is a primary dealer in the United States Treasury security market and more generally, a prominent market maker.
On the ranking of “The 2nd Daguan·Keweiwei World Brand Value Top 900" released on January 13, 2022, Goldman Sachs’ brand value was 1071.570 billion RMB, ranking the 10th.
作者:Nan
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