I remember floppy bow ties for women. I'm proud to say I never wore one, but those hideous emblems of the corporate world of 20 years ago–along with stiff three-piece suits, huge shoulder pads and, of course, pantyhose–were once de rigeur if you were a woman in business who wanted to be taken seriously.

Today's young workers–known as Gen Ys or millennials–are far more likely to be wearing jeans and carrying backpacks instead of briefcases–a fashion reflection of their laissez-faire attitude toward conforming to the demands of the business world.

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