The Dow Jones Industrial Average fell on Tuesday as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses, people familiar with the matter told CNBC. The glasses, code-named 'Orion,' are being...Technologyread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
The fine against Carmene "Zsa Zsa" DePaolo was the maximum possible civil penalty that she faced under the Hatch Act for her comments about Hillary Clinton's immigration plan...Politicsread more
Sen. Elizabeth Warren has called on lobbyists to be banned from donating and fundraising for their preferred campaigns. Her new plan represents the latest shift for Warren who...2020 Electionsread more
Fifty percent of Saudi Arabia's crude production taken offline from Saturday's attack has been restored in the past two days, the kingdom's energy minister told reporters...Oilread more
General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters its second day, but Wall...Autosread more
The White House and GM denied a report in Politico that said the Trump administration was involved in the automaker's contract negotiations with the United Auto Workers union.Autosread more
WeWork hopes to sharpen its story for investors as it works to get its on-again, off-again IPO back on track.Technologyread more
What would workers give to wear jeans to the office? About $5,000.
As offices get increasingly casual, employees are more resistant to stuffy suits, ties, dresses and skirts and the companies that adhere to such strict dress codes.
In fact, 33% would rather quit their job — or decline a job offer — if it meant wearing business attire every day of the week, according to a new study by staffing firm Randstad US, which looked at attitudes about workplace fashion.
Similarly, one-third of workers said they would rather have a casual dress code than an extra $5,000 in pay each year.
"The bottom line is, as long as employees dress in a way that's consistent with their employer's policies, most managers care less about what their employees wear than about their performance and work output," Traci Fiatte, CEO of professional and commercial staffing at Randstad US, said in a statement.
Even on Wall Street, employers are lightening up when it comes to what employees wear.
Earlier this year, Goldman Sachs said it was relaxing the dress code for all its workers. At the time, the investment bank said the shift was due to "the changing nature of workplaces generally in favor of a more casual environment."
Millennials, who are more likely to work flexible schedules, have been paving the way to a more relaxed look and, as a result, employers are moving away from long-standing, traditional clothing policies in their bids to attract more talented young hires.
The rise of the Silicon Valley scene and its more youthful fashion sensibility helped propel the shift toward attire that was once solely reserved for "casual Fridays."
However, regardless of how formal the workplace, 65% of those polled by Randstad said it's still important to wear a suit during a job interview. Randstad US polled more than 1,200 employed adults in June.