This book describes and analyses the impact of the 2007-2008 financial
crisis upon the working conditions of employees in the financial
services sector in Britain. It tells the story of workers being made
to pay the price for a crisis that was not of their own making, but
nevertheless caused a deleterious impact on their employment security,
remuneration and working conditions. Evidence of fighting back against
this has been sparse so that the response of employees is best
characterised as ‘fright’ (grudgingly working harder and longer),
‘flight’ (leaving the sector through redundancy), and ‘falling
in line’ (accepting the diktat of performance managements systems).
Through this book we learn the reasons behind this acquiescence,
with its detailed attention to topics such as the stunted development
of labour unionism, the prevalence of union-management partnerships,
and the occurrence of employment insecurity and labour shedding.
Providing a valuable insight into the effects of the financial crash,
Employment Relations in Financial Services will be useful to
academics, students and also trade unionists.
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An Exploration of the Employee Experience After the Financial Crash
Produktdetaljer
ISBN
9781137395399
Publisert
2020
Utgiver
Vendor
Palgrave Macmillan
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter