Goldman Sachs is synonymous with long hours. But now, it is telling some senior employees it won’t be capping their days off.
Goldman Sachs Group Inc., the 153-year-old Wall Street firm synonymous with long hours and a hard-charging culture, is telling some senior employees it won’t be capping their days off.
Once reserved for only a handful of technology companies like Netflix Inc . and Twitter Inc., unlimited paid time off has been adopted more broadly in the tight labor market, according to a survey from employee benefits adviser Mercer. Companies that have adopted the policy say the benefit can minimize burnout and instill a sense of trust among workers.
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