Engineering and manufacturing pay edges upwards

Pay
settlements in the engineering and manufacturing sectors have edged up slightly
according to the latest figures from the Engineering Employers’ Federation
(EEF).

For
the three months to the end of October 2002 the average level was 2.4 per cent.
For the three months to the end of September it was 2.3 per cent.

In
the three months to the end of October the number of pay freezes remained
constant at nearly one in seven of all reported settlements. However, those companies
report that deferred pay settlements have risen to nearly 9 per cent.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

Email(Required)

OptOut

From time to time, we will send you emails about selected products, events and services from Personnel Today and OHW+ - but you can choose to opt-out at any time. If you do not wish to receive these emails, please tick this box.

Email

This field is for validation purposes and should be left unchanged.

Δ

EEF
deputy director of employment policy David Yeandle urged the Government to keep
a tight grip on wage settlements in the public sector.

By Ross Wigham