Is Business Formal Dead?
"Khakis? I'm gonna be wearing alike ... 90% of the time. I'd rather have 6 and 1 pair of khakis. And nice dress shoes. It's impossible to have too many nice black dress shoes. The pointy ones, definitely. Or they'll make fun of me."
The phone call I had with my dad in the airport coming home from school last year. We had planned on going clothes shopping before I got shipped off to New York, as I was desperately under-equipped for the job, given my expectations of what I'd need.
Looking back, I'm glad he told me I was taking things a little too seriously. By the time I moved out to New York, I had 2. 6 pairs of dress pants, of which only two were black/gray. One pair of formal dress shoes, three pairs of casual dress shoes, a mix of brown and black.
Turns out I only wore aonce... on my first day!
And every meeting I ever went to with analysts from other firms, I found the same thing. Khakis, button-downs, rolled up sleeves... Wearing a fullis reserved for formal events and out of town conferences. Even meeting with management teams was a business casual affair. So it made me wonder... is business formal dead... or perhaps slowly dying?
From what I've heard from friends elsewhere, things are mostly a bit more relaxed in terms of dress code in, some hedge funds, and other buy-side shops. Most of the firms I've been interviewing with seem to become more and more casual, and I have yet to have an on-site that featured business formal employees.
I'm interested to see if people have noticed a similar trend, and if the situation is the same in banking or other more client-facing jobs where you might have a surprise visit from someone that requires you to be business formal at a moment's notice. Keeping ain the office was a safe way to make sure I never ran into that problem, but how many firms are really requiring employees to be business formal on a daily basis? Is it slowly going away, even from the more formal shops? Do you think it should?
Looking forward to your thoughts, monkeys.