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About 50-60% of Goldman's workforce is now 30 or younger, and more than a quarter of its 36,000 employees are engineers. Goldman has recently tried to label itself as a "tech company", and has changed its recruiting, compensation, and perks to match.
The bank boosted pay for programmers fresh from college, relaxed the dress code and ordered them larger, curved computer monitors that topped many employee wish lists. The goal is to attract the type of engineers who have become increasingly important to how Wall Street does business. The New York-based company’s human resources department has used video interviews to lessen the reliance on campus visits, and Solomon said it’s recruiting at “many more schools than we used to” to boost diversity. The bank has also introduced a system of real-time performance reviews for young employees.
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