A survey conducted by the trade organisation EEF and JAM recruitment indicates that manufacturing pay settlements have levelled out to below pre-recession levels.
Contrary to claims that the high rate of inflation this year would cause an increase in pressure on pay rates, data from an EEF / JAM survey has shown that the average pay settlement from April to the end of June was 2.5%. While 20% of pay settlements agreed have been a 3% increase, 12%…
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