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2019 | OriginalPaper | Chapter

4. The Modern Bank Workers

Author : Aisling Tuite

Published in: The Lost Art of Banking

Publisher: Springer International Publishing

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Abstract

As the transformations in the Bank continue the tensions between the traditional and contemporary ways are experienced by the workers. New types of workers appear as the Bank focuses on development and education programmes. These programmes fuel new ideas from outside and introduce new ways within the organisation. Over time many of the decentralised opportunities become recentralised and once again new pressures are felt on the workers as they negotiate their identities. Careers are no longer husbanded and workers become individualised and professionalised, taking on aspects of the traditional professional occupation. This individualisation is spurred on by new goal-based performance management that pitches colleagues against each other.

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Footnotes
1
Interview with Don Carroll by Hugh O’Neill in The Irish Times, 22nd February 1966. Future Aims of the Bank of Ireland. The Irish Times.
 
2
Rouse, P. & Duncan, M., 2012, Handling Change: A history of the Irish Bank Officials’ Association. Cork: Collins Press, pp. 192–193.
 
3
Ibid., p. 178.
 
4
Fintan O’Toole, 2017. The corruption of Irish banking goes back 30 years. The Irish Times, 24th October. Available online https://​www.​irishtimes.​com/​opinion/​fintan-o-toole-the-corruption-of-irish-banking-goes-back-30-years-1.​3265794
 
5
See Julia Evetts, 2011 A new professionalism? Challenges and opportunities. Current Sociology 59(4); Mirko Noordegraaf, 2007. From “pure” to “hybrid” Professionalism: Present-day professionalism in ambiguous public domains. Administration & Society, 39(6).
 
6
T. H. Marshall, 1939. The recent history of professionalism in relation to social structure and social policy. The Canadian Journal of Economic and Political Science, 5(3), p. 325.
 
7
See David Sciulli, 2007. Professions before Professionalism. European Journal of Sociology, 48(1); Faulconbridge & Muzio, 2008. Organizational professionalism in globalizing law firms. Work Employment Society; Bossers, et al., 1999. Defining and Developing Professionalism. Canadian Journal of Occupational Therapy; works by Julia Evetts 2013. Professionalism: Value and Ideology. Current Sociology; 2006. Trust and Professionalism: Challenges and Occupational Changes. Current Sociology & 2003. The sociological analysis of professionalism: Occupational change in the modern world. International Sociology; T. H. Marshall, 1939.
 
8
See Dan White, 1998. “A Century of Banking”, for a history of the first 100 years of the Institute of Bankers.
 
9
See also Allan, S., Faulconbridge, J. and Thomas, P. 2018. Work, Employment and Society (Online First 24th September 2018). The Fearful and Anxious Professional: Partner Experiences of Working in the Financialized Professional Services Firm.
 
10
Evetts (2003).
 
11
Wilensky, 1964. The professionalization of everyone? American Journal of Sociology. Also see authors such as Evetts (2011), Faulconbridge and Muzio (2008), Noordegraaf (2007) and Bossers et al. (1999).
 
12
Svensson, 2006, New Professionalism, Trust and Competence: Some Conceptual Remarks and Empirical Data. Current Sociology 54(4), p. 581.
 
13
See Cooper et al., 1996. Sedimentation and Transformation in Organizational Change: The Case of Canadian Law Firms. Organization Studies, 17(4). Also see works by Evetts (2003, 2013).
 
14
See authors such as Evetts (2003, 2011), Faulconbridge and Muzio (2008), Noordegraaf (2007, 2011).
 
15
Grey, 1994. Career as a Project of the Self and Labour Process Discipline. Sociology 28(2).
 
16
See Collison, 2003. Identities and insecurities: Selves at work. Organization 10(3).
 
17
Ibid., p. 530.
 
18
Peter Berger, 1964. The Human Shape of Work. New York: Macmillan. pp. 212–214.
 
19
See Marshall Berman, 1970. The Politics of Authenticity: Radical Individualism and the Emergence of Modern Society. London: Verso; Rousseau J.J., Discourse on the Origin of Inequality. Oxford: Oxford University Press.
 
20
See Sveningsson & Alvesson, 2003. New Professionalism, Trust and Competence: Some Conceptual Remarks and Empirical Data. Current Sociology 54(4); Berman (1970).
 
21
Berger (1964, p. 216).
 
22
Sveningsson and Alvesson (2003, p. 1165).
 
23
Collison (2003, p. 531).
 
24
Tienari, et al., 2002. Organisational Reforms, ‘Ideal Workers’ and Gender Orders: A cross-Societal Comparison. Organization Studies, 23 (2).
 
25
Berger (1964, p. 217).
 
26
Thompson and Findlay (1999).
 
27
Berger (1964, p. 217).
 
28
Thrift, 1999. Capitalism’s Cultural Turn, p. 141.
 
29
Noordegraaf (2011), Svensson (2006).
 
30
Fournier, 1999. The appeal to ‘professionalism’ as a disciplinary mechanism. The Sociological Review 47(2); Evetts (2003), Svensson (2006).
 
31
Thrift (1999).
 
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Metadata
Title
The Modern Bank Workers
Author
Aisling Tuite
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-030-12199-0_4