Goldman Sachs has a plan to hire more women and minorities.
The Wall Street firm said Monday that it wants to increase representation in hiring for entry-level analysts and associates in the Americas to 50% for women, 11% for black employees and 14% for Hispanic and Latino employees. The target is 9% for black employees in the United Kingdom. The bank did not set a deadline for these goals but said it would work to improve each year.
Last year, Goldman Sachs reported a mean gender pay gap in the country of about 56%, and a median gender pay gap of about 36%.Citi just revealed unflattering pay data. Will other banks follow suit?The bank has work to do, even though it pays"women and men in similar roles with similar performance equally," Solomon and his team said Monday.
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