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Brighter pay prospects in the manufacturing sector
An improving global outlook and continued
domestic expansion have resulted in a gentle upward pressure on settlement
levels in key parts of UK
manufacturing, although not all sectors have benefited from the upturn.
Key points
A review of 209 pay deals
with effective dates between 1 September 2003 and 31 May 2004 reveals that the median value of the pay award is 3%, compared
with 2.75% over the corresponding period last year. |
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