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Goldman Sachs relaxes dress code for techs in fight for talent

reuters.com

201–210 of 232 posts

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

#201
post #121
post #82

Earlier quoted context omitted.

Watch I guess, Patek trumps Rolex and so on...

There's few things that make a worse first impression on me faster than someone wearing a watch as a status symbol.

How would you know, unless you were making an effort yourself to check out their watch? And knew which watches were status symbols?

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

#202
post #97

Earlier quoted context omitted.

But when the elites adopt casual dress in their professional lives, what is left are much more subtle and hard-to-adopt class signifiers: manners of speaking, interests, childhood experiences, travel, etc The NYT had an article on this recently: https://www.nytimes.com/2017/07/11/opinion/how-we-are-ruinin... I took a friend with only a high school degree to lunch. Insensitively, I led her into a gourmet sandwich shop…

Sorry, and I know that this is on NYT, not you, but what the utter fuck is that paragraph about the sandwich shop? Walk through, say, Boston's North End. It's like walking into Italy. There are old men sitting in front of cafés muttering in Italian about the way the young folk dress. There are fresh pizzas and sandwiches with their smells wafting through the air. The streets are narrow, mostly pedestrian, and cobbled…

It didn't happen

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

#203

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.

Goldman and its ilk may be responsible for the financial crisis, but the financial crisis was painful for ordinary people because Wall Street stopped performing its function in the economy. Business ground to a halt and companies laid off workers in large part because credit dried up. If these big shady companies are immoral because of that time their operations slowed, imagine what would happen if you got your wish.

Google "Goldman Sacks starvation" sometime.

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

#204
post #183

Earlier quoted context omitted.

so you are biased to hipsters who who take care to dress like it looks like they don't care, and you might be the kind of person who judges /other people/ based on how they dress.

How do you know who is taking care to appear that they don't care? Some people really don't care.

It takes hours of effort and a whole range of products to look like you've just got out of bed

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

#205

Earlier quoted context omitted.

It makes sense in the military, since as an institution it requires its individual members to have much less freedom and autonomy. But if a company needs to use technics from the military, something is wrong. Life is not war.

The military's goal is to be highly precise and effective. A business's goal is the same.

Most people can agree in the goal of militaries. Not on companies. Valve, apple and github work in very different ways.

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

#206

Earlier quoted context omitted.

The military's goal is to be highly precise and effective. A business's goal is the same.

The military's goal is to give a job to young men who'd otherwise be causing trouble, and to kill people when the guys in suits find it necessary

This is no longer all that true. A lot of "trouble" one finds, even as a teenager, can keep you out of the military. You might be able to get a special waiver. After all, they want to only enlist upstanding citizens into the military. The days of offering young offenders military service rather than legal trouble is basically over.

It does still remain on of the US's largest jobs programs, though I'm not sure this is the goal of the military. It does make reducing military spending rather tricky since so many livelihoods depend on it.

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

#207
post #204
post #183

Earlier quoted context omitted.

How do you know who is taking care to appear that they don't care? Some people really don't care.

It takes hours of effort and a whole range of products to look like you've just got out of bed

Unless you just don't shower and/or shave.

I work from home. I don't need effort and products to look like I just woke up.

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

#208

Earlier quoted context omitted.

That's something I got from my dad as well - dress for the job you want,not the one you have. I also found that dressing well fixes at least some of the age discrimination you face as a young person, you get treated much better while wearing a suit and a tie than when just wearing a t-shirt or a plain shirt.

So if you want a job at google but work at a bank, wear Hawaiian shirts and shorts? Also, over dressing can be as much of a problem as underdressing. If you came to a def interview at say Facebook in a suit, it could get awkward.

Well, obviously that was an advice given by a working man trying to punch above his weight and be treated seriously in situations where most people from his background weren't. It worked for him, and it worked for me when I was looking for jobs, houses, had to do official business and run a company. I suppose a situation like you described has never crossed my dad's mind because it's just such a unique problem to have. As with any advice - use common sense?

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

#209
post #46
post #27

Odd, I worked at Goldman Sachs in London in approx. 1999-2001 and visited the New York office a few times and remember it being the usual "smart/casual" (veering to very casual). When did it smarten up?

I visited their NYC offices in 2008. we were talking to them about some openstack/cloud stuff at the time. I went in jeans and a polo. My contact there emailed after saying the meeting went well, but to please wear a dress shirt and no jeans next time. And I wasn't even an employee! ;)

Definitely ahead of their time, Openstack wasn't formed until 2010

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

#210
post #21

Earlier quoted context omitted.

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.

But as GS just learned, if you relax the dress code, you can pay people less. so, dressing well is rational for employees, but dropping back offic dress code is rational for employers

Presumably, they can pay less / attract more staff for the same money because the talent they seek has a desire to not follow their dress code, which they will trade against other monetary and non-monetary benefits.

In that situation, voluntarily following a dress code that you don't enjoy following is illogical. As illogical as taking a voluntary pay cut.

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