By Daniel Hunter
The first pay data for 2013 suggests the subdued pay environment in manufacturing over the past two years is set to continue, with pay freezes still a feature of negotiations in the main key bargaining period, according to the latest survey on pay data from EEF, the manufacturers’ organisation and JAM Recruitment.
The survey showed that where a settlement was agreed the average level fell slightly to 2.3%, down from 2.4% for the previous three month period to the end of December 2012 and a shade lower than the 2.5% average deal reported a year ago. Furthermore, almost 90% of settlements were agreed at 3 per cent or less.
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