I just found an interesting article on theglasshammer.com called “Goldman Sachs Returnship (SM) Program Helps Top Women On-Ramp Into Finance.” In it, we learn about Goldman Sachs’ “returnship” program, which lasts eight weeks and begins on October 19, 2009. The program will offer training and guidance to help highly skilled women return to the financial workforce after having taken voluntary breaks that may have lasted anywhere from a few years to a couple of decades. While participants are not guaranteed jobs at Goldman Sachs at the end of the program, Goldman Sachs has hired more than half of the participants from last year’s returnship program.
What are “returnships”? They are similar to internships, except that returnships are targeted toward experienced workers who want to return to the workforce full time. The returnship program may or may not pay the participants, and it may last weeks or months.