This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via HighWire Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Royal, C. Articles by Althauser, R. P. Search for Related Content Social Bookmarking                         What's this?

The Labor Markets of Knowledge Workers

Investment Bankers' Careers in the Wake of Corporate Restructuring

University of New South Wales

Robert P. Althauser

Indiana University

In the accounts of Cappelli and others, the influx of mid-level outside hires and extinction of internal career ladders indicates that external market forces have fatally compromised firm internal labor markets. In an investment bank subject to a decade of mergers and acquisitions, we assess the extent to which external hires and collapsed career ladders characterize employees' careers. The mixture of internal and external hires and intact career ladders we find challenges current understandings of recent changes to firm internal labor markets.

Key Words: careers • internal labor markets • external labor markets • knowledge workers • firm-specific skills

Work and Occupations, Vol. 30, No. 2, 214-233 (2003)
DOI: 10.1177/0730888403251682


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This article has been cited by other articles:

				A. E. Davis and A. L. Kalleberg Family-Friendly Organizations? Work and Family Programs in the 1990s Work and Occupations, May 1, 2006; 33(2): 191 - 223. [Abstract] [PDF]