Partner Article
UK manufacturing pay up 2.6%
Pay rises in the manufacturing sector have risen to 2.6%, a figure which is still below the long term average.
Figures from the EEF indicate that pay increases barely rose from the 2.5% witnessed in the previous quarter. The manufacturers’ organisation said that “an air of realism” had prevailed in pay negotiations.
A recent survey also indicated that one in 10 pay rounds did not result in a pay rise.
Commenting on the figures, chief economist at the EEF Lee Hopley said: “The main pay bargaining round for manufacturing has passed with little or no pay pressures evident.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model