Pay goes up slightly

Posted on 19 Jan 2011 by The Manufacturer

Pay settlements for employees at UK manufacturing companies rose slightly in the three months to the end of 2010, data from EEF suggests.

The Manufacturers’ Organisation’s latest pay survey shows settlements increased to 2.2% in the three months to the year end from 2.1% in the three months to the end of November. Pay freezes fell slightly but remained at one in five of all settlements. Ms Lee Hopley, EEF Chief Economist, said: “Historically these figures are at…

This content is for subscribers only. Subscribe now for free to read the full article.