Matt's Blog – March 2009 Archive (3)

Salaries experience a big freeze

In February I discussed Land Rovers decision to cut working hours and freeze all pay increases, in order to save jobs. At this time research published by suggested that workers would rather take a pay cut than loose their jobs altogether, well this seems to be the case at Honda in Swindon.

Yesterday Honda announced redundancies, wage cuts and pay freezes were to take place at its Swindon factory as a result of the current economic problems experienced in the motor… Continue

Added by Matt on March 24, 2009 at 8:01am — No Comments

Job Insecurity caused by the media?

So, UK unemployment figures have now risen above two million for the first time since 1997. This has led suggestions there are now 10 job seekers for every vacancy advertised currently with the job centre.

Although there is an increase in unemployment and a decline in current vacancies these figures could be doing more than just stating unemployment statistics. There is more competition for current vacancies, but as the media repeatedly report that times are tough and jobs are harder… Continue

Added by Matt on March 19, 2009 at 6:27am — No Comments

Will Job loss rates reduce by Easter?

The Chartered Institute of Personnel and Development (CIPD) have suggested that the worst of the UK’s current job losses will be over by Easter 2009.

Research carried out by the CIPD indicated that unemployment trends in the UK followed the US, suggesting that the rate of job losses will decrease as American firms planning to cut jobs has “fallen from one in three to one in five”.

Added by Matt on March 6, 2009 at 6:41am — No Comments


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