Investment Banking

Goldman Sachs takes on banker burnout with new perks

Wall Street titan hopes sabbaticals and bereavement leave can help it hold on to stressed-out talent

Goldman has previously been bullish on getting staff back to the office
Goldman has previously been bullish on getting staff back to the office Photo: Michael Nagle/Getty Images

Goldman Sachs is introducing several new employee benefits, part of a bid to attract and keep employees in a pandemic that has made many people re-evaluate their careers.

The Wall Street powerhouse is now offering paid leave for pregnancy loss and expanding the amount of time employees can take for bereavement leave, according to a memo sent to employees Monday and reviewed by The Wall Street Journal. It is also introducing an unpaid sabbatical for longtime employees.

WSJ Logo