New York, November 2014 – Mitchell Peskin, Executive Vice President of Tandym Group, was featured on National Public Radio (NPR)’s Marketplace Morning Report discussing the much-anticipated announcement of Goldman Sachs’ new Partners.
The financial giant makes this announcement every two years, and for those who are selected, landing on that list can be the peak of their career. “It literally becomes a huge compensation event,” said Mitch. “It means the ability to now participate in the Goldman Sachs Partnership bonus pool.” According to the radio show host, that pool can mean millions for each Partner involved—on top of a salary already reaching $1 million per year.
However, the title of Partner can be taken away, so those who have worked hard to earn it will have to work harder to keep it. According to Mitch, the work pays off. “If money is important to you, and I would say it is to most people that work on Wall Street, it’s as good as it gets.”
You can listen to the segment here.