Goldman Sachs will allow senior staff members to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market.
Partners and managing directors at the New York investment bank can take time off when needed “without a fixed vacation day entitlement,” according to a company memo seen by Bloomberg. Junior employees still have limits on vacation but will be given at least two extra days off each year under the policy, which was introduced at the start of the month.
All Goldman employees will be required to take three weeks off each year starting in 2023,
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