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Author Topic: Ex-VP sues Goldman Sachs over 'mummy track'  (Read 1223 times)
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Monkey All Star Jr.
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« on: March 24, 2010, 08:52:46 PM »

GOLDMAN Sachs was sued for alleged bias by a former vice president, who said the Wall Street bank consigned her to a "mummy track" that led to her firing while she was on maternity leave.

The lawsuit was filed yesterday in Manhattan federal court by Charlotte Hanna, who said she worked at Goldman Sachs University, an orientation program for new analysts, associates and summer interns.

Ms Hanna, a Manhattan resident, alleged that after her 2005 return from her first maternity leave, Goldman demoted her and made her feel unwelcome in what had become a "boys-only" club.

She said she was fired in February 2009, a week before she was to return from a second maternity leave.

"When Ms. Hanna decided to take the 'off-ramp' provided by the firm to devote time to her children, there was no 'on-ramp' that enabled her to return to full-time employment," the complaint said.

Upon her return, Ms Hanna allegedly hit a "glass ceiling" with respect to pay and advancement, was demoted, and was systematically excluded from operations and social functions.

The complaint said 75 percent of those "selected for termination" in her group had recently taken maternity leave.

"It is clear that Goldman Sachs views working mothers as second-class citizens who should be at home with their children," the complaint said.

Spreading the bonus money among fewer employees?
"They perceive that working mothers may not work as hard as men, and may not be with the firm as long so they can be with their children. That can make women seem more expendable."

more here - http://www.news.com.au/business/business-smarts/ex-vp-sues-goldman-sachs-over-mummy-track/story-e6frfm9r-1225845128510

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