The bank as a proper and efficient manager? Sources and their interpretation

Abstract

This paper asks how justified was the criticism of banks in the early 20th century for having high staff costs. It introduces the basic trends of so-called "calculation" in banks and presents a basic source base for research on clerical salaries.

It interprets these sources based on the employee policy of the banks and the pricing relationships of the time.

Keywords

• calculations
• bank
• clerks
• prices
• salaries
• employee policy