Pay in manufacturing — no change on 2% rise
The average settlement level across industry was 2% in the three months to January, according to the EEF’s latest Pay Bulletin — in line with the average throughout 2015. The monthly rise for January was slightly higher at 2.2%.
The most common pay rise band was between 1.76% and 2% in the past three months — around a third of settlements fell within this range. Top end pay deals remain few and far between, with fewer than one in 10 deals ending in a settlement above 3%.
Pay freezes became a more prominent feature of the EEF’s Pay Bulletin over the course of last year and, in the three months to January, one in six settlements resulted in no change in pay.
www.eef.org.uk/campaigning/news-blogs-and-publications/blogs/2016/feb/p-p-p-pick-up-a-pay-rise