Buzz People

Is it time to ditch the suit and tie?

Increasingly firms are telling staff it's OK to loosen their collars and change into chinos, believing that is the way to attract and retain staff.
This week, Goldman Sachs became the latest to issue new guidelines allowing more flexibility over work attire, but asking employees to "exercise good judgement" in deciding how to dress.
So does this mean it's the beginning of the end for the traditional suit and tie?
"You're looking after people's money, so you should behave and dress respectfully. I would not expect to hand over my pension to someone in jeans, loafers and a football shirt. It may be old-fashioned but I think it would be dangerous for a business to do that.
"The underlying element is, people will behave as they dress. If people dress in a smart respectable way, that's how they tend to behave.
"If you let people dress sloppily, that is how your brand will be perceived.
"We have been discussing recently whether to introduce dress-down Friday. We're slowly moving towards it.
"I think dress codes have to change and mature with the times. Even something as eccentric as a tattoo will develop into an acceptable fashion accessory.
"The tie will be got rid off in the next 30 years. My generation has to die out first, but in 20 years, the suit and tie will look very old-fashioned indeed. Suits will have evolved into something different, more practical, less of a uniform, but still what people perceive as respectful dressing.
"I'm attached to my red braces, because they're attached to my trousers, they're buttoned on. I've always worn them. I am out of step, slightly old-fashioned, but it isn't as if I'm going around in frock coat and frilly shirt."
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