Goldman Sachs Considers Increasing Bonuses for Elite Traders and Dealmakers

Goldman Sachs is reportedly considering larger bonuses for top traders and dealmakers in an effort to retain talent after disappointing payouts in 2022. Despite a challenging year with earnings down 34%, the bank is discussing pay bumps for standout employees in the trading and investment banking division. The potential compensation gains aim to prevent star employees from being lured away by more lucrative opportunities in private equity or hedge funds. The year-end pay discussions are still in early stages and have not been finalized.