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10 - The Establishment Department

Published online by Cambridge University Press:  05 March 2012

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Summary

The original organisation of the Bank in three Departments – Cashier's, Accountant's and Secretary's – remained undisturbed for two hundred years until the institution of the Auditor's Department in 1894 as the result of the indiscretions of a Chief Cashier, Frank May, which had come to light the previous year. There was no special Department to look after the interest of the staff, but their welfare and the maintenance of the premises in which they worked had always been an important aspect of the policy of the Bank. The Deputy Governor had an overall, if largely undefined, staff responsibility – ‘You cannot think what it means’, said Norman of his own Deputy Governorship, ‘to be father and mother to five thousand souls’ – but necessarily had many other pressing concerns. A Staff Committee was formed in 1918 by the amalgamation of six Committees some of which had been in existence since the eighteenth century: its members were all Directors and it met regularly every month except August to discuss details of staff policy and practice. In July 1919 the Advisory Council of Directors and Staff was formally constituted as a result of growing discontent on the part of the clerks about their treatment during and after the First World War. A Director was Chairman, five others, at least two of whom were Directors, were appointed by Court, and five selected by the staff by secret ballot and representing different grades.

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Publisher: Cambridge University Press
Print publication year: 1992

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