The Job Front: Goldman Aims for the Middle, Salary Negotiation Tips
By BankersBall on Feb 6, 2007 in Cube Life, Job Hunting, Salaries
- Interviewing tips: DON’T answer your cell phone. DO know what the strengths are of that particular bank. DO remember to thank the correct company in that form note you send afterwards. DO actually find out what the mysical world of “investment banking” is before applying for a job. That and more on what it takes to roll with Chicago investment bankers from Crain’s.
- Goldman Sachs is setting its sights on the middle market ($500MM - $2BN), following moves by some of the other big banks like Merrill, Citi and BoA. Reuters via DealBook.
- Money, Part I, I find the advice to never give a range a bit difficult to follow. Here’s some working from a recruiter on CareerJournal: “[W]e counsel candidates that the best way to handle this question is to not quote a figure. Instead, tell the employer exactly how you are currently compensated, then advise them that like most people, you are always trying to improve your earning potential but compensation isn’t the only factor that you will consider when exploring new opportunities … If pressed to quote a figure, say you aren’t prepared to do so and that you would prefer to receive a formal offer if they think you are the right candidate and then you will respond immediately.”
- Money, Part II: another tool from Indeed to approximate money. Here’s their average for “investment banking analyst” below — $73,000.
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