 |
| FAIRNESS |
 |
|
|
 | |
| | Goldman, Sachs & Co. |  | President/CEO:Mr. Henry M. Paulson | | 13500 employees | | HQ: New York, NY | | www.gs.com |
|
|
| |
| Goldman Sachs is a leading Wall Street investment bank with close to 22,000 employees. Merit-based compensation practices ensure that all of the firm's members receive a fair share of the company's success. Every employee was eligible for an IPO award when the firm went public; in February 2002, non-executive employees owned 49 percent of the firm. |
| Employees throughout the organization are eligible for a year-end bonus based on performance in addition to their base salary, and the firm has contributed to a profit-sharing program for 57 consecutive years. A benefit pension plan contributes one percent of an employee's compensation for each year of service, capped at $75,000. These compensation practices ensure an equitable distribution of the firm's profits. |
| Other programs make sure all members of the firm are treated justly. Goldman has a written same- and opposite-sex domestic partner policy and offers domestic partner benefits for same-sex couples. Employee networks, such as the Asian Professionals Network and the Firmwide Black Network, receive firm support. The Annual Diversity and Citizenship Bonus recognizes exceptional efforts by senior leaders in retaining and promoting outstanding individuals and providing opportunities for leadership development among men and women from underrepresented nationalities, cultures, and backgrounds. |
| These programs show a commitment to supporting the success of all individuals within the organization. |
