Variable pay instead of increases

Motor industry employers are using variable pay levels instead of annual increases to reward employees, a survey has found. The research, by Incomes Data Services, shows that schemes which link pay to improved attendance, quality, safety and production targets are replacing across-the-board increases as a result of continuing low levels of inflation. Pay settlements over […]

Motor industry employers are using variable pay levels instead of annual increases to reward employees, a survey has found.

The research, by Incomes Data Services, shows that schemes which link pay to improved attendance, quality, safety and production targets are replacing across-the-board increases as a result of continuing low levels of inflation. Pay settlements over the past six months have ranged from 1.6% at Jaguar to 4.0% at Ford.