Goldman Sachs, a global banking and investment management firm, has announced a new policy for summer interns to encourage rest, as reported by CBS News.
In a business notorious for its, go-go, high-stakes, 24/7 culture, Goldman Sachs (GS) is showing a softer side, at least when it comes to its summer interns. The New York-based global banking giant recently announced a new policy calling on some of those interns to stop working and get some rest.
Goldman is confirming reports it has told its summer investment banking interns not to be in the office between midnight and 7 a.m. on weekdays.
Company spokesman Michael DuValley told CBS MoneyWatch the new policy, which began earlier this month, was put in place to improve “the overall work experience” of the Goldman Sachs interns, who can earn more than $5,200 per month.