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BANK CLERKS AND MATRIMONY.

"MORE GENEROUS INCREASES"

OF PAY THIS YEAR.

Bank clerks, whose patrimonial prospects have hitherto ' been somewhat slender, may be able to marry a little earlier in future (says a London correspondent). They are—some of them —about to receive increases of salary on a more generous scale than usual. Most banks, it should be explained, make it a rule that a clerk must nq^, marry on a l^wer salary than £150 a year. The result, it is said, is that at the age of 30 many find they have i. reached the portals of the marriage market. Details of ■ the new annual revisions are not available at present, but ti:i authorities in several of the chief banks are not discouraging the expectation that the increments are to be bigger this year, than in the past. Although consideration of the increased cost of living is'not the ruling factor in these revisions, there appears to be little doubt that it has had its weight in the discussions of directors and managers. ' , Certain clerks, on the other hand, declare that the bigger increments have become necessary because \of the v evidence that young men ai'e less and less attracted to this class of work. " It is not the cost of living," a clerk in a fairly good position told a "Daii News" representative yesterday. "It is because they realise that young men are finding better prospects ■ in' other branches of work. < .; The notion . tlnT 1 there is something so distinguished about working in .a bank that it is worth while letting your parents help to keep you for., years whilst you wait for promotion to one of the plums is not so prevalent as it was."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19140226.2.7

Bibliographic details

BANK CLERKS AND MATRIMONY., Ashburton Guardian, Volume XXXIII, Issue 8803, 26 February 1914

Word Count
286

BANK CLERKS AND MATRIMONY. Ashburton Guardian, Volume XXXIII, Issue 8803, 26 February 1914

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