Take as many days off as you like, Goldman Sachs tells bosses

Take as many days off as you like, Goldman Sachs tells bosses

Goldman Sachs will allow its senior bankers to take as many holidays as they want, amid a war for talent and complaints about a gruelling long-hours culture. Partners and managing directors at the bank have been told there will be no cap on the number of paid leave days they can take as part of a new vacation policy, according to an internal memo seen by The Telegraph. The new “flexible vacation” scheme, which came into effect from May 1, will allow Goldman’s senior staff “to take time off when needed without a fixed vacation day entitlement”, the memo said. All employees will also be expected to take a minimum of 15 days leave per year from next January, with at least one week of consecutive time off. The memo …
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