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Junior banker narrative centered on Goldman, but bank hasn’t bumped pay

July 8, 2021

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In the days after a group of 13 junior analysts at Goldman Sachs presented to their managers a self-survey detailing “inhumane” 100-hour workweeks, deteriorating physical and mental health and a souring outlook for the future, CEO David Solomon sent a voice memo assuring employees that the bank would enforce its “Saturday rule” to ensure they have at least one day off each week.

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