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Search resuls for: "Jacqueline Arthur"


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Goldman CEO David Solomon is famously anti-remote work, and has been pushing RTO for over a year. Certain managers have responded by reemphasizing the company's policy that all employees work from the office five days a week. Though he reluctantly yielded on the issue for a while after facing pushback from his top advisors, he made his disdain for remote work public. "This is not ideal for us, and it's not a new normal," Solomon later said at a conference in February 2021 regarding remote work, Bloomberg reported. AdvertisementAdvertisementAs of last October, 65% of the company's workers had already returned to the office full time, according to Solomon.
Persons: Goldman Sachs, Goldman, David Solomon, Jacqueline Arthur, Bloomberg, Solomon, it's, you'll, Nicholas Bloom Organizations: Service, Bloomberg, New York Magazine, Meta, Research, Stanford, Wall Street Journal, Employers Locations: Wall, Silicon, New York
Goldman Sachs is ramping up efforts to make staff return to the office five days a week. "We have continued to encourage employees to work in the office five days a week." Speaking about the return to office, CEO Eric Yuan told employees earlier this month that relying on video calls prevented employees from building trust and limited their innovation. The mandate aims to help workers "foster healthy relationships and strong collaboration," the company told workers in an email. Businesses urging workers to return say that in-person working cultivates a more open company culture and creates more opportunities for collaboration.
Persons: Goldman Sachs, who've, Jacqueline Arthur, Zoom, Eric Yuan, they'd Organizations: Service, Bloomberg, Meta, Employees Locations: Wall, Silicon
May 8 (Reuters) - Goldman Sachs Group Inc (GS.N) agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions, ending one of the highest-profile lawsuits claiming unequal treatment of women on Wall Street. In a well-known 1990s case, Smith Barney settled charges that men harassed women in a space known as the "Boom-Boom Room." "This settlement will help the women I had in mind when I filed the case," Orlich said in a statement. The settlement also calls for Goldman to hire independent experts to analyze its gender pay gaps and performance evaluation processes. In 2020, the bank said it aimed for 40% of vice presidents to be women within five years.
May 8 (Reuters) - Goldman Sachs Group Inc (GS.N) has agreed to pay $215 million to settle a long-running class-action lawsuit that alleged widespread bias against women in both pay and promotions, a joint statement from the company and the plaintiffs said. The plaintiffs, former employees of the Wall Street bank, accused Goldman Sachs of systematically paying women less than men, and giving women weaker performance reviews that impeded their career growth. The settlement covers about 2,800 female associates and vice presidents employed in the investment banking, investment management and securities divisions of Goldman Sachs, according to the statement. We will continue to focus on our people, our clients, and our business,” said Jacqueline Arthur, Goldman Sachs' global head of human capital management. As part of the settlement, Goldman Sachs will also hire independent experts to conduct additional analysis on performance evaluation and gender pay gaps, the statement added.
Goldman Sachs has agreed to pay $215 million to settle a long-running class-action lawsuit that alleged widespread bias against women in both pay and promotions, a joint statement from the company and the plaintiffs said. The plaintiffs, former employees of the Wall Street bank, accused Goldman Sachs (GS) of systematically paying women less than men, and giving women weaker performance reviews that impeded their career growth. The settlement covers about 2,800 female associates and vice presidents employed in the investment banking, investment management and securities divisions of Goldman Sachs, according to the statement. We will continue to focus on our people, our clients, and our business,” said Jacqueline Arthur, Goldman Sachs’ global head of human capital management. As part of the settlement, Goldman Sachs will also hire independent experts to conduct additional analysis on performance evaluation and gender pay gaps, the statement added.
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