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A comment on Goldman Sachs relaxes dress code for techs in fight for talent. Parent comment

Re:Goldman Sachs relaxes dress code for techs in fight for t... by gaius on Saturday July 15, 2017 @04:16PM (#14778703)
I'm old enough to not care sometimes and to play the game sometimes and to know the difference

Tell a suit wearer that they should dress casual tomorrow and they'll say OK. Tell a geek they have to wear a suit tomorrow and they'll freak out. Now tell me who cares more about clothes?

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Re:Goldman Sachs relaxes dress code for techs in fight for t... by samstave on Saturday July 15, 2017 @07:20PM (#14779655)
Hmm.. that's a good point actually with a slight rebuttal:

The suit wearer also has a closet full of casual clothes

The casual wearer will not have a line of suits - thus his freak out

What is the payscale between the both vs type of work and hours?

Would be great to get a map of all this

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Re:Goldman Sachs relaxes dress code for techs in fight for t... by gaius on Sunday July 16, 2017 @03:02AM (#14780897)
What is the payscale between the both vs type of work

A hoodie-wearer at FB or Apple probably out-earns the majority of suit-wearers at Goldman - it is definitely not about money, just about attitude.

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Re:Goldman Sachs relaxes dress code for techs in fight for t... by user5994461 on Sunday July 16, 2017 @08:38AM (#14781740)
>>> A hoodie-wearer at FB or Apple probably out-earns the majority of suit-wearers at Goldman - it is definitely not about money, just about attitude.

Sorry but it's highly unlikely.

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Re:Goldman Sachs relaxes dress code for techs in fight for t... by throwu383 on Monday July 17, 2017 @12:56PM (#14790318)
As a current Goldman Strat I can confirm that the hoodie-wearer is certainly out earning the majority. Only the traders are paid well, everyone else is on a less than competitive wage based on an illusion of how it "used to be". Historically (10+ years ago) the total compensation was accounted for by a big bonus but these days it is non existent.

Almost every VP I know in NYC/LDN makes less than a fresh grad at Google in the bay area.

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Re:Goldman Sachs relaxes dress code for techs in fight for t... by ska on Sunday July 16, 2017 @11:47AM (#14782466)
True. There is a broader point that holds though, average tech salaries are above or equal to some careers that assume daily suits, even if NYC investment banking isn't one of them.

I think it's mostly tribal signalling, " I am not a suit" kind of thing. Although never having to deal with dry cleaning is an incentive, too.

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