The banking and finance industries have long been regarded as bastions of tradition. And indeed, when questioned, this sector offered the strongest resistance to the idea that a suit and tie is now too formal for the modern workplace. On average, 73% of professionals agreed with this statement, but this percentage dropped to just 54% amongst the banking sector.
However, other results emerge that will cause old-school traditionalists to splutter into their morning papers. 54% of banking respondents believed that jeans are now acceptable in the office. This is lower than the average for professionals as a whole (65%) but still a step-removed from the banking image of old.
Richard Morris, UK CEO at Regus, said: “Everything about the world of work is changing, from where we work to the hours we spend working to what we wear. This more relaxed attitude to workwear is a reflection of the fact that the ‘office’ environment is now a lot less formal in many cases – lifestyle and work are integrating.
“Working alongside people from other companies in co-working space results in a mingling of styles and attitudes and a loosening of the formality that prevailed in the traditional, permanent offices of old.
“Business leaders are learning fast about measuring on results rather than attendance and presentation. If a job’s done well, who cares if it’s achieved in flip-flops?”
The survey also questioned attitudes regarding footwear. Over a quarter (26%) of respondents in the banking sector believe sandals to be acceptable and more than one in ten (12%) wouldn’t flap over flip-flops.
Tracksuits were deemed the least acceptable office outfit amongst all sectors, although 16% of respondents in the media and marketing industry see nothing wrong in taking a sporty look into the office.
How do the figures relate to your business? Let us know in the comments section below.