Goldman Gives Employees Paid Time Off for Election Day Voting

(Bloomberg) -- Goldman Sachs Group Inc. is giving its U.S. employees up to a half day off on Nov. 3 to vote in the presidential election, according to a memo to staff.

Key Insights

• Ease of voting during elections has increasingly become a political flashpoint, with a growing push to offer employees more options without repercussions at their place of work.
• Goldman is offering the perk to its staff only on Election Day. Many states are providing expanded early voting options to ease concern about mingling in crowds amid the pandemic.
• Goldman is following several large corporations that have previously said they’re offering paid time off, including Bank of America Corp., Visa Inc. and Coca-Cola Co.

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