Goldman Sachs sets hiring targets for minority candidates [Toronto Globe and Mail (Ontario, Canada)]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Toronto Globe and Mail
Goldman Sachs sets hiring targets for minority candidates Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its work force, according to a memo sent by top executives to employees on Monday. The Wall Street bank, which last year said it wanted women to make up half of its entry-level work force, now is aiming to ensure that 14 per cent of new analysts and associates in the Americas are Hispanic or Latino and 11 per cent of them black, according to the memo, which was seen by Reuters. In Britain, Goldman Sachs wants 9 per cent of its entry-level work force to be black. Story continues below advertisement The bank, whose senior executives are primarily white and male, did not set targets for more experienced employees, but is now requiring businesses to interview at least two qualified diverse candidates for each open position. Goldman Sachs said in the memo it is “nearly there” with the targets it announced last
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