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Lunchtime Links: Statistical proof that working for Goldman Sachs will grow you as a person

At Goldman Sachs, this would be a large bush

At Goldman Sachs, this would be a large bush

If you’ve been wondering about working for Goldman Sachs on the grounds that it no longer appears to pay the enormous premium it used to, then fret not: even if it pays less impressively, Goldman has other things to offer.

According to Financial News, which has been given advance access to the Sunday Times ranking of great places to work, Goldman ranks fourth in the UK among big employers.

It’s not entirely clear why this is, but we are informed that the ranking is derived from employees’ responses to: ‘70 questions on subjects including pay and benefits, workplace culture, company leadership and career development, among other metrics.’

Overall in the UK, Goldman reportedly came out top for personal growth, with 76% of its employees ranking it positively in this measure. 72% also thought the training there was of ‘great benefit.’

The study also found that the average age of employees at Goldman Sachs in London is 33. This seems a little old, given that ten years ago the average age of bankers at JPMorgan was put in the mid-20s.

Meanwhile:

Goldman bankers have joined a union. (BusinessInsider)

Recruitment in the UK was “like running up a down escalator” in the current market, said Robert Walters, chief executive of the eponymous company. (Financial Times) 

Swiss private bank Sarasin wants to expand and may hire. (Bloomberg)

There appears to be a lot of hiring in private banks. (Financial News)

Let’s tax bonuses at 90%. (Guardian)

Credit Suisse high yield trader who earned £4.2m loses his claim for disability discrimination, was fired for gross misconduct. (Telegraph) 

This is the woman who decides whether you will get into Harvard. (WSJ)

Life of an IBD analyst, in charts. (Freakonomics) 

Comments (3)

Comments
  1. that the average age is longer is not bad news… did the disregard for experience and preference for teenage bankers do any good to the financial markets?

  2. anybody checked to see if there was an email telling GS bodies how to reply to the Sunday Times survey? Bcos UBS used to play this game with Extel and II rankings on analysis, and a large part of the job was harassing clients for ratings. Banks need love and are ruthless in getting it.. (BTW UBS used to have a department called Great Place To Work. They didn’t have much to do with the redundant ones, obvs). Not that I’m cynical or anything

  3. and if I wanted to be ‘grown’ as a person (revolting phrase) I would apply BabyBio to my feet.

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