News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

On Wall Street, greener pastures are disappearing

The average tenure for senior employees at Goldman Sachs, which has just named 280 new MDs, is now nine years

On Wall Street, greener pastures are disappearing. At least, that is the message coming from Goldman Sachs.

The average tenure for senior employees at the company stands at more than nine years. In 2001, those with the rank of vice-president or higher had worked for the firm for an average 7.6 years.

WSJ Logo