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Manufacturing 2012: no pay cuts as salaries rise by 2.6%

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Source: IRS Employment Review

Date: 10-08-2012

Publisher: IRS

Manufacturing 2012: no pay cuts as salaries rise by 2.6%

TOPICS:

recruitment	labour market and economy
pay and benefits	pay levels and awards

SECTORS:
chemicals
engineering and metals
manufacturing (other)
paper and printing
textiles

AUTHOR: Adam Geldman

XpertHR's latest annual survey of industrial relations in manufacturing includes the following key areas: pay settlement trends; the measures taken by firms to combat the effects of the recession; and the reaction of workers to employers' cost-cutting measures.

On this page:
Recession returns
Car industry motors ahead
Manufacturing pay trends
Settlement levels edge up
Engineering sets the pace
Negotiating pay awards
Fewer pay freezes
Combating the recession
Box 1: Measures taken by manufacturing employers to mitigate impact of recession
Future pay deals - up or down?
Employees accept change
Box 2: Reaction of manual workers to cost-reduction measures
Effect on market position
Our research
Table 1: Manufacturing pay settlements, 12 months to the end of May 2012
Table 2: Measures taken to deal with economic downturn, 2010-12
Table 3: Upward and downward pressures on pay settlement levels, 2012/13
Additional resources on XpertHR.

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