Goldman Sachs uses video to attract young job applicants

Goldman announced last week that it would no longer conduct first-round face-to-face interviews on elite college campuses, and instead would interview students remotely on video.

By using technology, Goldman is hoping that it can screen for young bankers who are a better fit for the firm and thus more likely to stay longer instead of defecting to a private-equity fund or startup after a few years, which has become the norm.

“Leveraging technology will enable you to get to more places,” said Edith Cooper, the global head of human capital management at Goldman Sachs, during a conversation with reporters.



[...] it has not been easy to find the talent best suited to the demands of banking.