Manufacturing 2012: no pay cuts as salaries rise by 2.6%
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.
Key points
- Manufacturing pay settlement levels have picked up slightly over the past 12 months, with the median pay award pitched at 2.6% in the year to the end of May 2012, marginally above the 2.5% recorded in 2011.