Factory rises lowest ever

first_imgRelated posts:No related photos. Pay awards in the manufacturing sector have fallen to a 20-year low whilethose in financial and business services continue to rise, according to a newreport.More than a third of service-sector employers said the need to recruit andretain the right staff has pushed awards up.The latest CBI Pay Data Bank survey found manufacturing pay deals averaged 2per cent in the three months to last December.This is the lowest figure recorded since the survey began in 1980.Meanwhile, service-sector pay deals continue to rise at a steady rate,averaging 4 per cent over the same three-month period.www.cbi.org.uk Factory rises lowest everOn 22 Feb 2000 in Personnel Today Previous Article Next Article Comments are closed. last_img read more

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