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Results of the Qualitative Research: Changing Age and Career Concepts in the Austrian Banking Industry

  • Barbara Marina Covarrubias Venegas
Chapter
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Abstract

The empirical results of this study derive from qualitative interviews conducted with middle-aged managers and employees in the Austrian banking industry.

Firstly, the overall results relating to careers in the Austrian banking industry are presented. Four categories of careerists were identified inductively from the data: (1) coincidental careerists, (2) genuine interest careerists, (3) inherited careerists and (4) professional group careerists.

Secondly, the findings regarding age concepts and age stereotypes in the Austrian Banking industry are presented and summarised. Overall, it can be concluded that positive ascriptions outweigh the negative ones up to the age of 50 years. The chapter, however, goes on to focus on perceived difficulties in finding a new job, a theme that was particularly salient in the findings. A more fine grained analysis reveals that middle-agers, particularly employees realised that although they are not yet subject to that challenge, but that it might be occurring very soon. This is interrelated with the existing implicit career timetables.

Thirdly, the findings on prevailing career concepts in the Austrian Banking industry are discussed. While protean values (“knowing why competencies”) are very evident, traditional, hierarchical career concepts with bounded career attitudes prevail. In addition, emphasis is placed on the important role of the career network (“knowing whom competencies”).

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Barbara Marina Covarrubias Venegas
    • 1
  1. 1.Department of ManagementUniversity of Applied Sciences for Management & CommunicationViennaAustria

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