Manufacturing 2011: no pay cuts as salaries rise by 2.6%
Manufacturing may account for just 12% of gross domestic product, but it remains vitally important for the UK. This is not only in terms of the jobs it supports and the export revenues it generates, but also for the opportunity it presents to "rebalance" the economy. As the sector moves out of recession, XpertHR asks 94 manufacturing employers for their thoughts and opinions on pay and other key industrial relations issues.
On this page:
Most employers raise
rates
Pay freezes thawing
Table
1: Measures taken to mitigate the impact of recession
No
more wage cuts
Cutting costs
Some
employees are supportive of change
Some employees are
dismayed
Labour market positions eroded
All in it together
Manufacturing leads the
way
Tough times for paper and printing
Table 2: Manufacturing pay settlements, 12 months to the end of
May 2011
Taking the long view
Chart 1: Median percentage basic pay settlement by sector,
January 1999 to May 2011
Future pay trends
Final comments
Box 1: Comments on key
influences on future pay levels and wage awards
Our
research
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