Goldman Sachs, one of the last bastions of crisp-collared, bespoke-suited workplace attire, has loosened up.
Loosening standards at investment banking firms have broadened the range of workwear seen in New York's Financial District, but workplace perceptions still play a role in women's attire.
Women at work who feel pressure to prove they deserve to be in the room might be wary of ditching their blazers and pumps. Attractive men and women make roughly 20% more than their less attractive co-workers, Wong found. Even so, they are measured by different standards. "We know that appearance matters for women and people of color in being seen as competent and worthy of respect," said Wong, a professor of sociology at the University of South Carolina.
Workers tend to take their signals from the top. According to the lore of corporate America, IBM made its first big leap decades ago when executives such as Louis V. Gerstner Jr. changed up the uniform of suit and tie and white collar — by mixing in blue button-down shirts.A 1995 headline in the New York Times read"Black Jeans Invade Big Blue" after Gerstner said he was rolling out casual dress.
Fashion is far more flexible now, she said, but younger women still ask Newton the same questions about how to present themselves to be taken seriously. Sometimes she offers to go shopping with them, or she pages through catalogs to show what works and what doesn't.
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