 |
Quick Links » Manufacturing pay Overtime News Statistics and reference From our blogs |
|
 |
Editor's message |
 |
MANUFACTURING PAY RISES
Pay awards in the manufacturing sector have sat comfortably above those in the services sector over the past year, but they remain subdued by long-term standards. Our latest review of pay issues in the sector finds that the median pay settlement over the past year, of 2.6%, is higher than the forecast pay award of 2.5% for the coming 12 months.
Although fewer companies are making pay freezes, redundancies are still apparent, and the outlook for pay awards during the next year predominantly depends on how each business performs.
One area in which many employers have sought to save costs over the past few years is in overtime pay, with half of the respondents to our new overtime survey reporting that they have made attempts to reduce the amount of paid overtime at their organisation over the past year. Our report also looks in detail at the types of workers eligible for overtime and rates of overtime pay.
Sheila Attwood
Pay and benefits editor, XpertHR |
 |
|
|
|
 |
|
 |
This email has been sent to luke.smith@rbi.co.uk
Unsubscribe from future pay and benefits emails.
Disclaimer
This message is intended only for the use of the person(s) ("Intended Recipient") to whom it is addressed. It may contain information, which is privileged and confidential. Accordingly any dissemination, distribution, copying or other use of this message or any of its content by any person other than the Intended Recipient may constitute a breach of civil or criminal law and is strictly prohibited. If you are not the Intended Recipient, please contact the sender as soon as possible.
© Reed Business Information Ltd +44 (0)20 8652 3500 | Terms and Conditions | Cookies and privacy
Registered Office: Reed Business, Quadrant House, 9th Floor, The Quadrant, Sutton, SM2 5AS.
Registered in England & Wales: 151537 |
|