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THE WOULD TO-DAY.

"Guardian" Office,

The poor bank clerk has served' novelists of the two past generations I as a lay figure, and his poor pay and poor .prospects have been utilised to give some semblance of fact to fiction. The bank clerk is one of thu latest coat-on toilers to become infected with unrest, and in England, at any rate, lie has .some reason on his side. The London "Daily Telegraph" has been enquiring into the matter of the! bank clerks' pay and prospects, and 1 there lias been much correspondence in -its column?; on the subject. It had l>een'found that a banking career, taking ovorj thing i-ito consideration, had lost it:; attract;von»s" to both lads and parents.., in En-land, and especially in London, ' not withstanding the huge 'over-supply of clerical labour, it was becoming difficult to obtain recruits for a banking career. Pay was .^small, work was 'arduous, and 'promotion ' slow—unless tho clerk had much influence, as well as ability. The "Telegraph" learned from .bankers |li at salaries como under review, at-.Christ-mas witJi tho regularity of clockwork. Sometimes they begin at £50 per annum, and go on increasing £10 a year until they reach tho limit of £200. Tn the bigger banks the limit is. £250. Clerks are forbidden to marry unless the joint income of husband and wife roaches £150. In a case of exceptional merit the increase* is not £10, but £15, or even £30 a year. Owing to th. policy of the bank, amalgamation, there Tiad been an enormous augmentation in the number of branches established This development vastly enhanced the prospects of tho clerks, for whom appointment as managers means instant . promotion to a higher grade. The larger the branch, the higher. the salary. Men of conspicuous ability

attain high positions at the head office, where , the emoluments count by thousands instead of by hundreds.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG19140303.2.51

Bibliographic details

THE WOULD TO-DAY., Ashburton Guardian, Volume XXXIII, Issue 8808, 3 March 1914

Word Count
311

THE WOULD TO-DAY. Ashburton Guardian, Volume XXXIII, Issue 8808, 3 March 1914

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