Goldman Sachs Tells Interns to End the Late, Late Show
1–10 of 64 posts
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#2It's behind a pay wall. Not fair to make submissions many people can't read. All content I get on HackerNews should be free to read without an implication of paying to join the discussion.
The Irish Times allows current articles to be read publicly but anything that gets archived (a few days old) must be payed for to be read. I prefer and pay for this model - would be nice if WSJ adopted it.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#3It's behind a pay wall. Not fair to make submissions many people can't read. All content I get on HackerNews should be free to read without an implication of paying to join the discussion. The Irish Times allows current articles to be read publicly but anything that gets archived (a few days old) must be payed for to be read. I prefer and pay for this model - would be nice if WSJ adopted it.
https://www.google.com/search?q=Goldman+Sachs+Tells+Interns+...
Visiting via google removes the paywall.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#4It's behind a pay wall. Not fair to make submissions many people can't read. All content I get on HackerNews should be free to read without an implication of paying to join the discussion. The Irish Times allows current articles to be read publicly but anything that gets archived (a few days old) must be payed for to be read. I prefer and pay for this model - would be nice if WSJ adopted it.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#5So interns are expected to stay out of the office from 12am to 7am on weekdays. That's great... Now they're only expected to be there 17 hours a day! But, during those off hours, does that mean that they can remote in and still work?
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#6So interns are expected to stay out of the office from 12am to 7am on weekdays. That's great... Now they're only expected to be there 17 hours a day! But, during those off hours, does that mean that they can remote in and still work?
on weekdays.
Very sneaky, Goldman. I guess weekends are wide open to work as much as needed, right? Gotta prep that big PowerPoint for Monday morning's meeting.
This all reeks of polishing the optics and nothing to do with treating their interns with any respect.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#7It's behind a pay wall. Not fair to make submissions many people can't read. All content I get on HackerNews should be free to read without an implication of paying to join the discussion. The Irish Times allows current articles to be read publicly but anything that gets archived (a few days old) must be payed for to be read. I prefer and pay for this model - would be nice if WSJ adopted it.
Here you go. https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...
Thanks!
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#8So what exactly do they do there for so many hours a day? I'm having a hard time imagining anyone doing anything productive for that long.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#9What do investment banking interns (and bankers) do which benefits from such long hours? Lots of manual data processing? Reading? I absolutely benefit from uninterrupted stretches of 12-24h working on problems sometimes, but only infrequently -- usually hit diminishing returns between 4-12h. The only times where I've been useful >24h was when the task was more "set up this thing which has lots of waiting on other people or long-running processes", or in some cases where external factors (transportation costs, outage window) meant a single 48-72h sprint was worth more than maximum productivity during that period -- and even then, some level of rest during some stage made a huge difference.
An entire summer of 17h days is difficult to imagine as a productive way to work.
"It's just hazing" is a reasonable answer, but surely that would create a market opportunity for some alternative entity, or at least would mean the hazing has to be limited in duration.
Re: Goldman Sachs Tells Interns to End the Late, Late Show
#10What do investment banking interns (and bankers) do which benefits from such long hours? Lots of manual data processing? Reading? I absolutely benefit from uninterrupted stretches of 12-24h working on problems sometimes, but only infrequently -- usually hit diminishing returns between 4-12h. The only times where I've been useful >24h was when the task was more "set up this thing which has lots of waiting on other peo…
I think it's more than hazing. It may be some kind of costly advertizing, to show off their ability and willingness to function under that kind of stress level.
On the other hand this behavior also selects for candidates who are driven more by (the hope of) success and money, than by health, social/family life etc.