Manufacturing pay is remaining stable through the bargaining period for manufacturing companies in the face of a flat economy, according to the latest survey on pay data from EEF, the manufacturers’ organisation and JAM Recruitment.
According to the EEF/JAM pay survey of 245 companies the average settlement level for the three months to the end of March was 2.4%, unchanged from the 3 month period to the end of February. The proportion of pay freezes fell was also unchanged at 9% of settlements, though the fact they remain evident highlights…
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