Goldman Sachs

I think a lot of people might want jobs there for the wrong reasons

Good luck getting one though.

Goldman Sachs is probably the most difficult investment bank to get your foot in the door of, and investment banking is already a difficult industry to break into.

I'll go out on a limb and they have an eye to meeting their affirmative action quota without fostering a career path for women who might object to certain behavior.

Affirmative action quota ...

I have to say, that sounds rather plausible.

Meeting their quotas without having to hire any women.

how are they on maternity leave/time off for looking after children/job share/equal pay etc etc.

They’ll get right into that as soon as womb ‘transplants’ are available for transwomen.

If companies really want to be inclusive and/or support women they should start to pay for HRT and other menopause-related treatment given that for the most part it is excluded from private medical insurance cover.

I've had contact with GS through work recently. The idiot with whom I have been dealing has got a number of things wrong, that he really should know in his line of work. His acceptances that I was right and he was wrong, start 'good news!' And somehow don't mention anything about him having changed his conclusion.

I have been stunned at how sloppy the whole GS structure is - their system used the wrong exchange rate, and showed the wrong dates of disposal. So they are toxic and misogynistic and useless, but do pay for trans surgery. Priorities, priorities.

I think we had a thread on this the other week?

I dimly remember saying something like I don't have a problem with it, as long as they don't conflate sex with gender in things like data collection (to analyse promotions, salary etc) and the provision of single sex facilities (like gym changing rooms)

It would be paid for by the health insurance policy I presume, rather than directly from GS. If you want to include additional cover in your policy, the premiums will be proportionately higher, plus the discount you get on the policy, by virtue of it being a corporate rate, is taxable. So it's not quite as straightforward as, hey boss I want to have gender transition surgery, please pay for it.
When I worked there there was a MtF trans person there (London office about 5 yrs ago), no idea about surgery tho.
I will say it was one of the most toxic and misogynistic places I have ever had the misfortune to encounter. Still have nightmares!

I found the Ad under this thread amusing...

I think it’s more of a move to attract better publicity in India and SE Asia where transgender women have legal recognition as a third sex (but transgender men ie women who become men don’t).

Goldman Sachs to pay for removal of Man Sacs (colour unknown).

IMO its an interesting move to radically show their support for anyone transgender. Box ticking to the max.

Also, as we know, it's only teenage girls who have to physically alter their body to fulfil their desire to transition. Men can just turn up in a dress a la Pips Bunce. And teenage girls don't work at Goldmans. So I doubt it will be taken up by anyone at all. But virtue signalling X 1,000,0000

I work in a similar organisation with a comparable reward structure.

The health insurance that I have as part of that reward structure recently told me that they won’t cover anything to do with menopause as it’s “not a medical issue”

Sexist AF. This is no different- it’s no threat at all to the bottom line, and it looks good in the annual report, without doing anything to actually address gendered issues.

Goldman Sachs offers a lot of amazing company benefits. They pay for masters, offer market leading maternity benefits (including flexibility / guaranteed part time jobs), but you won’t get to them until you’ve paid your dues as an analyst. That means 60-80 hour weeks for a minimum of 2-3 years. Most Investment Bankers (around 80 percent) never get past the analyst stage.

Which makes a time efficient hobby like sexual cross dressing all the more valuable for GS employees.

I'll go out on a limb and they have an eye to meeting their affirmative action quota without fostering a career path for women who might object to certain behavior.

Goldman Sachs offers a lot of amazing company benefits. They pay for masters, offer market leading maternity benefits (including flexibility / guaranteed part time jobs), but you won’t get to them until you’ve paid your dues as an analyst. That means 60-80 hour weeks for a minimum of 2-3 years. Most Investment Bankers (around 80 percent) never get past the analyst stage.

I'll go out on a limb here and suggest that the (male) leadership of Goldman Sachs are into cross dressing. Therefore the consideration for fellow travellers.

FFS, the world has officially gone mad 🤷‍♀️

Dh was telling me this evening how Fairytale of New York is being redubbed to take out the word faggot as it's offensive. I said are they taking out the reference to slag as well (genuinely thinking they were being all PC)? No, apparently that can stay

Maybe they realise by making Fred from Accounts into Freda they can buy their salary?

Ffs... equal pay rarely happens; companies should be focusing on that as a priority imo.

It's probably seen by the company as good PR, while knowing, in reality, that they won't have to reach into their pockets too often given the small percentage of the population that we're talking about.

Part of a range of initiatives desugned to reduce the 'gender' pay gap.

Even the Mail struggles to put a spin on it.

www.dailymail.co.uk/news/article-6419157/amp/Goldman-Sachs-offers-UK-staff-emergency-nannies-help-look-ill-children.html

There are UK banks that offer similar through private health insurance to skip NHS waiting times. My feelings are mixed on this as I think it's fantastic that the pressures on the NHS are reduced, but I am concerned that it may lead to a fast track mentality that may end up with people regretting surgeries.

Do GS believe that it's possible to change sex? That's groundbreaking news if so. I'd like to see their research on this.

That's nice that they are funding surgery to help their employees feel like their body looks how they think it should.

Do they also pay for cosmetic surgery for other groups who feel that their body is not how ithey wish it was and whose mental health is negatively impacted because of it?

They aren't the only bank to offer it to employees