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In the Service of the Society: Labour Management Practices in the Australian Life Insurance Industry to 1940

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Author Info
Monica Keneley () (Deakin University)
Abstract

This paper considers the labour management practices in use in Australian life insurance industry during the inter war period. Using the Australian Mutual Provident as a case study, it is argued that the specific human resource management practices evolved to deal with separate sets of problems arising from the functions of the life insurance business and the manner in which the principal/agent problem manifested. The differing nature of work associated with the sales and management of life insurance fostered the development of primary and secondary labour markets in which the benefits flowing to one were superior to those accruing to the other.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/swp2004_19.pdf
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Publisher Info
Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2004_19.

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Length: 25 pages
Date of creation: 21 Oct 2004
Date of revision:
Handle: RePEc:dkn:econwp:eco_2004_19

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Related research
Keywords: Australian life insurance; labour management; internal labour markets; life insurance clerks; life insurance agents;

References listed on IDEAS
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  8. Geeroms, Hans J A & Wilmots, Hendrik, 1985. "An Empirical Model of Tax Evasion and Tax Avoidance," Public Finance = Finances publiques, , vol. 40(2), pages 190-209.
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  15. Allingham, Michael G. & Sandmo, Agnar, 1972. "Income tax evasion: a theoretical analysis," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 323-338, November. [Downloadable!] (restricted)
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  17. Been-Lon Chen, 2003. "Tax Evasion in a Model of Endogenous Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 6(2), pages 381-403, April. [Downloadable!] (restricted)
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