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Goldman Sachs Moves on Workforce Diversity

By Randi Morrison posted 04-01-2019 08:17 PM

  

Several sources reported on Goldman Sachs' commitments to a number of tactics and targets to increase the company's workforce gender and racial diversity, including: (i) adoption of a "Rooney Rule"-like workplace diversity initiative that will require that at least two diverse candidates be interviewed for all open positions, (ii) expanding a prior year goal of half of incoming analysts being female to include entry-level lateral hires, and (iii) establishing new Black and Latino targets of 11% and 14%, respectively, aimed at the same new hires as the female diversity targets. 

          See these articles from the Washington Post, CNBC, the WSJ, and Bloomberg; these prior reports: "State Street Talks Board Diversity Engagement,"  "Amazon Adopts 'Rooney Rule' for Director Recruitments" and "Benchmarking Diversity & Inclusion Practices," and numerous additional resources on our Corporate Culture,  Compensation Committees; and additional information & resources on our Corporate Culture Management/Oversight page.

          This post first appeared in the weekly Society Alert!
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