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.
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people