If you work at Goldman Sachs, you are now absolved of the need to work on a Sunday – but only if you work at Goldman Sachs in Germany.
German news site Faz.net says Goldman’s German CEO Alexander Dibelius has banned Sunday working at the bank in an effort to make it a more appealing place to work.
“We are not machines,” pointed out Dibelius, perspicaciously. We are waiting to find out whether a similar policy realisation has been reached in London.
This no-Sundays policy at Goldman in Germany follows last week’s news that a mysterious former back office employee of Goldman Sachs in Japan has formed a union and is demanding that he be treated, ‘as human.’
It also emerged at the weekend that the release of Greg Smith’s now notorious letter coincided with ‘Resilience Week’ at Goldman Sachs.
We wrote about Resilience Week at Goldman last year, although a spokeswoman for Goldman in the US steadfastly denied there was any such thing.
The Sunday Times reported yesterday that Resilience Week is real and has crossed the Atlantic. On the week of Greg's missive, Goldman’s London staff were apparently treated to sessions from a company called Headspace which promotes calm, mindful, less stressy living through meditation and to an exposition from happiness expert Richard Layard.
Last year, Layard gave a talk at the School of Life, which was trailed with the claim: “Increasing wealth hasn't made us happier, and more individualistic,competitive societies make many of us positively unhappy. There is too much avoidable suffering in our society and too little contentment. We need to find a better way to live. The key idea of the Happiness Movement is that for a society to be happy, individuals must get their happiness from helping others. “
If Goldman Sachs staff are no longer working on Sundays, they may be doing good deeds instead.