BCC survey reveals 2011 pay freeze for many companies

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BCC survey reveals 2011 pay freeze for many companies

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12-29-2010, 10:16 AM

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BCC survey reveals 2011 pay freeze for many companies

The British Chambers of Commerce (BCC) has revealed more than half of UK firms will either slash or freeze employee’s pay in 2011. The survey, which covered 450 businesses, found 45% of firms would give their staff a pay rise, 49% said they would freeze wages, while 6% said they planned to cut salaries. Companies [...]

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