Senior bankers will now be able to take as many vacation days as they need, and starting next year, all staff 'will be expected to take a minimum of 15 days' away from work each year.
London 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."
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" away from work each year.Bankers who haven't yet made partner or managing director will remain on a fixed vacation allotment but will be granted two extra days starting next year.
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