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Goldman Sachs Junior Bankers Complain of Intense Working Conditions
Coleman Legal LLP
Mar 23, 2021

Goldman Sachs Junior Bankers Complain of Intense Working Conditions

The issue of the intense working conditions of junior investment bankers has again come to the fore following the circulation on March 17th of a Twitter slide deck on social media, which was formatted in the style of a Goldman Sachs presentation. The slide deck, put together by a group of first-year analysts at Goldman Sachs, detailed the stresses encountered by young investment bankers. Of the 13 analysts surveyed, an average workweek of 95 hours was reported, with 5 hours sleep, nightly beginning at 3 am. The analysts reported that the long working days were harming their physical and mental health. 

Goldman Sachs Junior Bankers Complain of Intense Working Conditions_Coleman Legal

They ranked their satisfaction with both the job and the firm at an average of 2 on a scale of 1 -10, and a majority of those surveyed reported being blamed without justification.

The slide deck had previously been presented to Goldman Sachs management in February. In response, a statement was released in which they said, “We recognise that our people are very busy, business is strong, and volumes are at a historical level.” They further stated, “A year into Covid, people are understandably quite stretched, and that’s why we are listening to their concerns and taking multiple steps to address them.”

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Our dedicated team has collective experience of over 100 years in work related claims and we are ready to advise and assist you. If you have experienced a similar situation in the workplace and you have questions about it, please fill-out this ‘Case Evaluation Form’ and one of our experience Solicitor at Coleman Legal will contact you.

Goldman Sachs Junior Bankers Complain of Intense Working Conditions

KEITH ROLLS

Senior Solicitor
(Coleman Legal-South)

 

 [email protected]
01-5313800

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Goldman Sachs Junior Bankers Complain of Intense Working Conditions

Ciara Redmond

Senior Solicitor
(Professional Negligence)

 

 [email protected]
01-5313800

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