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Paying Up To Dress Down
The employees of at least three banks that we know of are paying for the privilege of coming to work in casual clothes on occasion.
Ramapo Bank in Wayne, New Jersey instituted a casual dress day for employees who donate $1 a pay period to the United Way campaign in Wayne. The bank donates the income to be used in suggested charities.
In New York the Community Bank of Sullivan County allows employees to buy the right to dress down for a day with a $5 donation to the Habitat for Humanity.
And the First National Bank of Bar Harbor, Maine charges their employees $3 to be able to come to work in khakis and golf shirt for a day. The money realized by this project, usually more than $200 a month, goes to causes suggested by bank employees. The funds have gone to such diversified things as children's magazine subscriptions at the local library, and towards a fund being sponsored for a child's liver transplant.
Although all three institutions are headed by men who object to casual dress, they applaud the spirit of their employees' community involvement. One said he felt the bank's image improved as a result of dressing down.
And another said that the money donated helps the community, and that is exactly what a community bank should be doing.
Copyright © 1998 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 8, No. 4, 4/98
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