What women employees say about Goldman Sachs’ culture
Financial Times
23-05-19 20:20
Goldman Sachs is still grappling with the discrimination issues highlighted in the class action lawsuit filed by the bank’s female employees in 2010, according to a report in the Financial Times. While there are fewer signs of overt sexism, women complain of inaccessible cultures, exclusion and a lack of support. “I would’ve been better compensated if I wasn’t a mom, for guys, most of the people I interacted with, their wives didn’t work”, said one woman who recently left the bank. Among other complaints, female employees note Goldman’s culture remains less receptive to women who have no interest in sports and the difficulty of confronting controversial issues without damaging their careers, as one junior employee said. Goldman Sachs agreed to pay $215m, one of the biggest payouts in US corporate history, to settle the discrimination case.