Goldman Sachs Gives Senior Managers a New Perk: ‘Flexible Vacation' Policy

Summary by Ground News

Goldman Sachs will allow senior bankers to take as many vacation days as they need. Starting next year, all staff will be expected to take a minimum of 15 days away from work. The new policy tracks with a growing trend toward flexibility on Wall Street. Banks are increasingly competing with startups, Big Tech and the crypto space to attract young talent.

5 months ago

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CNN

Goldman Sachs gives top bankers unlimited vacation days

Goldman Sachs, fighting a war for talent amid scrutiny of the bank's notoriously grueling work culture, is implementing a more flexible vacation policy to help staff "rest and recharge."

5 months ago·Atlanta, United States

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CNBC

Goldman Sachs Gives Senior Managers a New Perk: ‘Flexible Vacation' Policy

The perk for managing directors and partners is similar to flexible vacation policies at technology firms including Netflix and LinkedIn.

5 months ago·United States

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KVIA

Goldman Sachs gives top bankers unlimited vacation days

By Allison Morrow, CNN BusinessGoldman Sachs, fighting a war for talent amid scrutiny of the bank’s notoriously grueling work culture, is implementing a more flexible vacation policy to help staff “rest and recharge.”Senior bankers will now be able to take as many vacation days as they need, Goldman Sachs said in a memo to staff that was shared with CNN Business. And starting next year, all staff “will be expected to take a minimum of 15 days” a…

5 months ago

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New York Post

Goldman Sachs to give senior bankers unlimited vacation

Senior bankers at Goldman Sachs will now have the option to take unlimited vacation days, but time off for junior staffers who have complained of brutal work weeks will remain limited, according to…

5 months ago·New York, United States

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