Goldman Sachs gives its executives unlimited leave, reports The Telegraph – 05/15/2022 at 12:12


GOLDMAN SACHS GIVES EXECUTIVES UNLIMITED VACATION, THE TELEGRAPH NEWSPAPER REPORTS

(Reuters) – Goldman Sachs Group Inc will allow its partners and chief executives to take as much time off as they want under a new “flexible vacation” program to promote “rest” and recovery, reports the daily The Telegraph on Saturday.

In a note, the Wall Street bank indicates that as of May 1, it no longer imposes a ceiling on paid leave and that senior executives can “take leave when necessary”, specifies the newspaper.

All employees will be required to take at least 15 days off a year from next January, with at least a week of consecutive vacation days, according to information from the Telegraph.

Goldman Sachs did not immediately respond to a request for comment.

The significant changes come about two months after a group of first-year analysts at Goldman Sachs complained of being overworked and threatened to quit within six months unless their working conditions improved. improve.

(Report Rachna Dhanrajani, French version Benjamin Mallet)



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