As we've witnessed, several accounting firms have granted their employees the privilege of wearing jeans to work. And if your firm hasn't jumped on the denim bandwagon by now, you probably feel like your dress code is something straight out of Mad Men.
Now banks are taking a hint. On Friday, the Wall Street Journal issued a trifecta of articles (and a quiz!) on J.P. Morgan's new relaxed dress code that allows for, you guessed it, jeans.
And since another stalwart of business formality, PwC, recently loosened up, the Journal got some insight from the firm's next US Chairman, Tim Ryan.
Accounting-and-consulting firm PricewaterhouseCoopers moved to a more casual dress code a few weeks ago, allowing employees to wear jeans so long as there are no client meetings.
“This is all part of a pivot as large organizations like ours try to do more and more listening to our employees,” said PricewaterhouseCoopers Vice Chairman Tim Ryan. “The banking industry has similar challenges…we are in a war for a decreasing talent pool.”
Mr. Ryan, who takes over as the firm’s chairman July 1, said he went shopping more than once to find the right jeans, shirts and shoes for the office. His six children helped advise him.
This is amazing. I have no idea what the ages of Tim's kids are but I can only imagine the range of opinions at these fashion shows. If he has any sons under 10, they were definitely pushing for Spiderman embroidery. If he has teenage daughters, there aren't clothes in existence that they wouldn't find embarrassing.
Regardless, we should all be impressed that Tim Ryan not only wants straight talk on his professional performance, but also in remaining fashionable within the confines of the new PwC dress code. Children do not sugarcoat their parents' clothing choices.