Posted on 03/21/2019 5:59:37 PM PDT by 2ndDivisionVet
Goldman Sachs expanded a year-old program to hire more workers from underrepresented groups, including goals for black and Latino hires for the first time.
The firm has set "aspirational goals" of having half of all new analysts and entry-level associates hired in the U.S. be women, 11 percent black, and 14 percent Latino, according to a staff memo sent Monday. The firm set a lower goal for black hires in the U.K., where it is seeking a 9 percent level.
By increasing the ranks of women and minorities at entry-level positions — analysts and associates are the two most junior job titles in Wall Street's hierarchy — Goldman is hoping to improve diversity across the firm over time. More than 70 percent of new hires are at the analyst and associate level, the bank said.
Goldman, like Wall Street overall, is dominated by white males, particularly at senior levels. About 60 percent of the bank's U.S. employees are white, while 38 percent are female, 5.4 percent are black and 8.5 percent Latino, according to the firm's most recent disclosure. When it comes to top managers, 80 percent are white, 22 percent are female, 2.9 percent are black and 4.3 percent are Latino.
(Excerpt) Read more at cnbc.com ...
Black Latino women transgenders in wheelchairs.
It sounds like discrimination to me.
Maybe this is what they have in mind?
How will they check? Blood or DNA test?
Newman could never be a be a banker, either.
Goldman Sachs seeks Bankruptcy Protection
It might take a few years.
They’re not setting quotas for promotions. New hires at Goldman are coolie labor hired to be put through the wringer. My bet is that most diversity hires will quit or be fired well before they are eligible for a step up.
What percentage of white Christian males do they have versus the regular population?
While the left obssesses over genitalia and skin color quotas,
It demands everyone else not care,
Except to take part in mandatory leftist celebrations of leftist favored genitalia and skin colors.
The time was 40 years ago to ask who made these libtard assh0les everyones moral consciences?
Take the power back.
IIRC, and this is going back many, many years, Banks were furious when women started getting into this field. Men were accountants...not women.
My boss at Ameriquest thought Boilerroom was a training film!
That counts for 4 points in their system. So can they hire 4 white men to balance that out?
Our local bank is run exclusively by minority women. There is one male employee but the board is 100% male.
Quote from fellow female employee: “We don’t report sexual harrassment...we score it!”.
its obvious discrimination
but anyone nowadays can get around it
by just putting on a nice dress and a little lipstick
and checking the Politically Correct box on the application form
think Corporal Klinger as your next “investment banker”
(an excellent actor, incidentally)...
I’d like to think they would hire the most qualified candidate. Women I know seem to be outstanding with money management and wouldn’t need any assistance to prove it.
Miss Hathaway would have a real shot now.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.