I get that Goldman is in a fierce battle to attract top talent away from the hot tech companies. Post-financial crisis, I would see dozens—if not hundreds—of compliance-related job listings for positions based in New York City (or their nearby Jersey City offices). What they are known for is cheap labor compared to New York City and overall U.S. Once again, it's not just Goldman. Companies don't want to pay experienced professionals what they’re worth, jobs are offered to younger people—with much lower salaries—and the jobs have moved away. I’m a proponent of letting people do whatever they want—as long as they’re not harming anyone—without any big government interference.

Source: Forbes May 16, 2019 16:30 UTC