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Goldman Now Offers More Parental Leave Than Other Big Banks

  • An increase to 20 weeks, available to all new parents
  • Ends “primary caregiver” distinction, nodding to gender parity
RF Parents Baby Hospital
Photographer: Mayte Torres/Getty Images
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New parents at Goldman Sachs Group Inc. can now take more paid time off than at any other major U.S. bank.

Employees can take 20 weeks of paid parental leave, up from the 16-week standard for primary caregivers at its Wall Street peers. All parents can take the same amount of time, regardless of gender and caregiver status, the firm announced Monday.