JOB PRICING NEWS
Recession hits top pay hard
The recession has had a severe impact on UK managers' pay packets, with executive pay showing its lowest rate of growth in at least a decade, according to the 2010 National Management Salary Survey from XpertHR salary surveys, published jointly with the Chartered Management Institute (CMI). A 2.5% increase in average basic salaries paid to directors, managers and professionals was recorded over the year to September 2009. This was just over half the rate of increase seen one year previously (4.9%).
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