Internal Labor Markets

Contrary to the popular image of change and turnover, most Americans spend the majority of their working lives employed in a single firm. original essays in this book discuss the origins and importance of these internal labor markets, providing new insights into their changing power and influence. They also explore the more varied and dynamic employment practices that have evolved in large companies in response to new government regulations, increased competition for managerial talent, the difficult economy of the 1970s, and to the threat of unions.Contents: Introduction: Nature and Importance of Labor Markets, Paul Osterman; The Development of Labor Markets in American Manufacturing Firms, Sanford M. Jacoby; The Making and Shaping of and Pay Structures in the Iron and Steel Industry, Bernard Elbaum; Variations in Managerial Career Structures in High-Technology Firms: Impact of Organizational Characteristics on Labor Markets, Rosabeth Moss Kanter; The Transformation of the Industrial Relations and Personnel Function, Thomas A. Kochan and Peter Cappelli; White-Collar Labor Markets, Paul Osterman; Job Training, Employment Practices, and the Large Enterprise: Case of Costly Transferable Skills, Paul Ryan; The Search for a Societal Effect in the Production of Company Hierarchy: A Comparison of France and Germany, Marc Maurice, Francois Sellier, and Jean-Jacques Silvestre; Internal Labor Markets and Paternalism in Rural Areas, Peter B. Doeringer.