Goldman Sachs investment bankers have had it. Calling for a 80 hour cap and systemic changes.

Discussion in 'Higher Learning' started by SJUGRAD13, Mar 22, 2021.

  1. Serious

    Serious Veteran Supporter

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    :yawn: aside from elite ivory tower institutions, “most” college graduates ain’t that much better either.
     
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  2. TheManFromVA

    TheManFromVA Superstar

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    That’s what’s expected when you’re working at a top financial institution.
     
  3. ogc163

    ogc163 Superstar

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    On one hand this ish is prevalent in the traditional major white collar professions, because the upside can be significant--primarily the potential to make great money and acquire an elite network--that will always attract elite talent. But on the other hand so many hours is usually inefficient and is primarily a form of rites of passage/virtue signaling.

    Given the level of prestige and access to networks though, I can't knock GS too much considering these young folks know about the culture and expectations beforehand. Being a Goldman alum is going to give these guys access to networks that are only comparable to a handful of worldwide institutions.
     
  4. No1

    No1 Retired. Supporter

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    Yes, they are. The average college graduate has at least shown a minimum level of competence. But being much better than trash ain’t saying much.
     
  5. TheDarceKnight

    TheDarceKnight Superstar

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    :salute:
    I'm saving to open a business once this pandemic cools off, but I used to be in a corporate environment. I wish I'd had higher ups that cared more about problem solving, solutions, and and making sure that your people can find a healthy balance. Having superiors that thought the opposite of you is a big reason I got burned out and quit to go for a career change.

    Dap and reps. You're a good man, Perkins.
     
  6. Wild self

    Wild self The Black Man will prosper! Supporter

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    It was done nearly 250 years ago. It was called the French Revolution.

    Or go the more civilized route and UNIONIZE the workforce and get 4 day work weeks and work only 8,hour days.

    But people normalize greed, thinking that nothing will ever change. These posters enable this behavior.
     
  7. ♛ ★ ⋯ Éminence grise

    ♛ ★ ⋯ Éminence grise The Original Hall of Shame Supporter WOAT

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    Banking ain’t even as hot as it was in the 2000s which has lost ground to tech
     
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  8. dora_da_destroyer

    dora_da_destroyer puffin' fresh dro, boy

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  9. NaijaProdigy Redux

    NaijaProdigy Redux Veteran

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    Now Credit Suisse is upping Jefferies by giving a special $20K bonus to junior / mid-levels and raising analyst base salary.

    Apollo is giving $100-$200K retention bonuses (dependent on your year) to its associates.
     
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  10. ADevilYouKhow

    ADevilYouKhow Rhyme Reason

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  11. EndDomination

    EndDomination Veteran Supporter

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    White-collar professionals, especially in the finance, accounting, and legal spaces - have an absolute aversion to any kind of collective bargaining agreements.
    They fell for the okie-doke hook, line, and sinker decades ago, and will probably be the last to ever come together for any real labor rights.

    Plus they've also absorbed the "rise and grind" mentality because it is one of the few fields where consistent inhumane output can absolutely lead to financial rewards in the long-run - at the cost of your social life, mental health, and physical health.
     
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  12. Hood Critic

    Hood Critic The Power Circle

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    Good show but the gay sex is a little extra than normal it would seem :huhldup:
     
  13. Wild self

    Wild self The Black Man will prosper! Supporter

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    That's why I rather get a government job with a side hustle, than to work 8 hour weeks, smelling like a decomposing body because you decided to work an extra 4 to 5 hours extra every night after the workforce left for home.

    The "greed is good" mentality ruined America.
     
  14. the cac mamba

    the cac mamba Veteran

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    :russell: let's see paul allen's card
     
  15. hashmander

    hashmander We suck Supporter

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    i was done after "i want to wear you to work"
     

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