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Goldman Sachs relaxes dress code for techs in fight for talent

reuters.com

61–70 of 232 posts

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#61
post #21
post #15

Earlier quoted context omitted.

Goldman Sachs has always had a ridiculously antiquated dress code for people who will never come within fifty feet of a client. When I was much younger I didn't understand the concept of people who never had to deal with clients having a dress code but now I sorta do: the company is trying to create or promote the concept that everyone in the company is a member of the same team and have more in common with each othe…

If Cialdini's Influence is to be believed, everyone says they don't treat people wearing (or driving) nice stuff better, but subjecting this to scientific scrutiny reveals that they overwhelmingly and significantly do . If that's true then dressing well is pretty damn rational in general, and especially if money's on the line.

As an Indian immigrant to Minnesota in the 1970s, my dad adopted a habit of ALWAYS wearing a suit. This gave him the benefit of the doubt in a lot of interactions where he wouldn't have otherwise had it. He kept up that habit for a long time and wore a suit to parent teacher conferences, my 4th grade violin "concert," etc. It most certainly got him a deference from others and did its job admirably.

He never got OK with my habit of wearing jeans and T-shirts even as an adult because he couldn't grasp how different my experience was from his.

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#62

I know some people prefer money over morality and integrity, but personally, I am satisfied that these guys have to struggle to get people to work for them. In my ideal world, people would grow spines and would not work for these shady big companies.

Consider that your personal morals aren't the same thing as a One True Morality.

Not to mention that Goldman isn't even paying top of market. So your statement about greed is completely misguided.

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#63
post #36

I never got the point of dress codes. When everyone dress (boringly) alike I tend to view them as mindless drones and my respect for them drops to near zero. Show up in some unusual or creative outfit however and I'm so much more willing to believe you are an intelligent and interresting human being.

Everyone says that but overwhelmingly people in professional attire are treated better in social situations.

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#64
post #7

Earlier quoted context omitted.

How so? Do you have any links for this? it sounds pretty bad, but I guess there are certain nuances to it?

The GP is likely referring to this story: https://en.wikipedia.org/wiki/Sergey_Aleynikov http://www.vanityfair.com/news/2013/09/michael-lewis-goldman... I am just now realising that this case is still ongoing. That's crazy. A DA literally made it his mission to get the verdict reinstated: 'On April 4th, 2016, almost nine months after Aleynikov was acquitted by the NY Supreme Court, the Manhattan District Attorney Cyr…

>'On April 4th, 2016, almost nine months after Aleynikov was acquitted by the NY Supreme Court, the Manhattan District Attorney Cyrus Vance's office filed an appeal seeking to reinstate the guilty verdict'

how's this not double jeopardy?

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#66
post #35

Earlier quoted context omitted.

That's the exact reason why I hate wearing and even worst ever being forced to wear one.

You can either chafe, or acknowledge reality and use it to your advantage. When I was younger, I chafed. Now, I enjoy getting seated at that restaurant table before you.

When everyone is wearing a suit, how does one differentiate?

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#67

Earlier quoted context omitted.

Cuff links FFS - when I dress up (about once a year) I always wear dress shirts with cufflinks. Sounds like the code was written by the sort of person that orders red wine with fish :-) "James Bond: Red wine with fish. Well that should have told me something."

The point of the cuff links ban is not to let the lower tiers look as good as the executives. Protip for interested readers: if you must wear a suit and are on a budget or confined by a dress code, try to pick one off the rack with the best fabric you can find. Take it to a tailor, which is not that expensive. Have the jacket cut to fit, and have the buttons on the sleeves altered to have actual buttonholes. As you a…

Funny must be an American thing I bet in many of the clubs in London not wearing cufflinks would almost be as bad as wearing brown shoes in town.

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#68

Earlier quoted context omitted.

You can either chafe, or acknowledge reality and use it to your advantage. When I was younger, I chafed. Now, I enjoy getting seated at that restaurant table before you.

When everyone is wearing a suit, how does one differentiate?

Same way you differentiate between different stuff in the same class--quality, style, that sort of thing. I've never worried about that part of things, though, because the jump from "no suit" to "well-fitted suit" feels bigger to me than "well-fitted suit" to "well-fitted, expensive suit", and I mostly wear one because I like them, so I haven't indulged.

Re: Goldman Sachs relaxes dress code for techs in fight for talent

#69
post #45

compensation for engineers is still lower at Goldman than at tech firms, nice try Goldman.

What is your view (or anyone else reading this) on software dev QoL in the tech industry vs. non-tech firms in finance or energy/O&G? Are tech companies open to hiring from different industries, like the ones listed above?

I honestly think finance is overall a worse deal, I used to think it was the panacea of making money. There is the chance that you can make 600 - 800k in finance as a senior developer, but you need to either be incredibly intelligent or incredibly hard working, generally you need an ivy league degree.

A year or so ago I received an offer from a well known quant hedge fund, I spoke to a google recruiter to see if they could match, to my surprise right there on the phone he told me they never get beat out and that they would beat the offer by 50k.

The hours are much better in tech, you get treated better, and at Facebook/Google/Amazon/other big tech firm you have less variance in pay.

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