GS is known for the “discount”: they pay less to all levels of employees than their peers. Both of these companies pay somewhat low wages relative to jobs req

GS is known for the “discount”: they pay less to all levels of employees than their peers. Both of these companies pay somewhat low wages relative to jobs requiring equivalent expertise in tech. A common story I hear from technical managers in these places is their subordinates being hired away by tech for a significant premium over the managers compensation.