Woman details 'internship from hell' with Goldman Sachs
Emily, a former Goldman Sachs employee from California who now lives in Tokyo, shared a lengthy video about her internship with the company.
OK so I’m really torn on this one. I don’t have objectivity because I have personal experience with much harder internship. Mine lasted a year, included every fourth night call in the hospital, and there were no work restrictions for doctors in training back then.
During my internship, 12 to 14 hour days were the norm and if you were lucky, post call night, you might get to go home at three or four in the afternoon. You averaged at least 32 to 34 hours in a row at the hospital on your call night and post call day. You would frequently go 1 to 2 months in a row without a single day off.
We calculated our per hour work wage and it came out to roughly 6 dollars an hour.
Now here’s the funny thing, back then the average was one out of every 70 people that entered college planning to become a doctor actually got the privilege of getting all the way to becoming a doctor and experiencing that intern year. We were lucky to be there and we knew it. For 95% of us we knew this was a privilege.
Nonetheless, there was a vocal 5% that got the media to start to cover the horrors of a medical residency including the intern year. And sure enough, about five years after my training they instituted work hour restrictions for all interns and residents. Through the years this has transformed into watered down internships and residencies with not nearly as much on hand job training and experience as I got during my residency. In other words your doctors are now not as well trained as they used to be and it’s evident when they finish residency and start working that they don’t have near the experience or expertise as I did at the same level of training.
What I enjoy the most about this whole thing is now when they finish residency and come to work in the real world, they’re frequently shocked about how much harder they have to work and equally shocked that when they complain to us or to administration they get laughed at and told to suck it up buttercup, there is no regulatory body that governs actual real world work, you just have work until your job is done each day, and if you don’t want to be there until 2 AM you have to learn to work harder and more efficiently. Of course they never learn how to do that during internship and residency because they were working on the clock and win 12 noon came around their shift was done and they got to go home where their work was finished or not.
So I find this amusing because I’ve experienced all this in my own life and now I’m watching it happen in the rest of the real world and I wonder what the consequences will be. I wonder if I live long enough to see the entitled generation receive a paycheck every week just because they are alive and not for real actual work. The AOC plan so to speak.
The entitlement generation! Ask not what you Can do for your country, ask what your country can do for you. No matter how much national debt that we have.
The house of cards that will come tumbling down some day. 🤷♂️
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