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Goldman Sachs CEO to give bankers a half-day off to vote

By
Thornton McEnery
Published Oct. 19, 2020, 5:05 p.m. ET

Goldman Sachs chief David Solomon said Monday he will give staff a paid half-day off on Nov. 3 to vote in an election season marred by the coronavirus.

“We recognize that the pandemic raises unique challenges for those who want to exercise this civic responsibility to vote safely,” the chief executive wrote in a memo seen by The Post. “And that is why we are providing our people the time and flexibility to vote on Election Day.”

Solomon went on to clarify that Goldmanites will only be allowed to use the extra time off on Election Day.

JPMorgan Chase and Morgan Stanley, both members of the bipartisan “Time to Vote” coalition, also pledged to ensure that their employees will have enough time to vote. A JPMorgan spokesperson said that Jamie Dimon’s employees will get up to four hours to pull the lever on Nov. 3.

But Solomon also wants his high-powered staff to consider their options before they take their time to vote.

“As a firm, we will also continue to engage you, our clients and other stakeholders on the important policy issues shaping our country’s future,” he writes. “If you have not done so already, I encourage you to follow our multi-part series covering the key events leading up to the election as well as unpacking the results afterwards.”