Goldman Sachs Offers Unlimited Vacation for Senior Staff

The video discusses Goldman Sachs' new policy of offering unlimited vacation days to its partners and managing directors as a strategy to retain talent in a competitive job market. While it appears to be a generous offer, the reality is that employees often take less vacation than before due to workplace pressures. The policy is seen as a PR move to project a mature organizational culture. Additionally, the video touches on the psychological impact of such policies and the recent trends in bankers' pay, particularly for junior staff.

What is the significance of Goldman Sachs' policy on unlimited vacation days?

In what ways might the unlimited vacation policy be perceived as a PR strategy?

What psychological effects might unlimited vacation days have on employees?

What challenges do employees face when trying to take vacation days at Goldman Sachs?

How do the vacation policies at Goldman Sachs differ for junior staff compared to partners?