Pay and Conditions in Engineering 2015

Practice area: Pay and reward
ISBN: 9780414033276
Published by IDS, November 2014

Available formats
Paperback
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Description

Pay and Conditions in Engineering 2015 gives you the most comprehensive picture available on current pay, benefits arrangements and terms and conditions for a wide range of engineering staff and production workers. Presented in user-friendly format, it will assist you in dealing with the key issues you face when setting your pay levels as the economy emerges from recession.

This in-depth report:

  • Examines pay settlements and trends monitored over the past year
  • Reports on basic, premium, and bonus pay at a range of named organisations
  • Covers pay for semi-skilled and skilled manual workers, team leaders, technicians, qualified engineers and managerial staff
  • Looks at recent trends in hours and working time arrangements
  • Provides an overview on skill shortages and apprentice scheme initiatives
  • Deals with developments in pension provision
  • Includes a directory of pay structures at major engineering firms
Contents

MAKING PAY DECISIONS IN A FLEDGLING RECOVERY

  • Pay settlement analysis in engineering over the last year
  • Incidence of long-term pay deals and a look ahead at pay rises due
  • Recent pay trends in key engineering sectors
  • Employers’ intentions and business outlook
  • Inflation forecast summary
  • Table: Pay settlements for manual and engineering staff

PAY FOR MANUAL WORKERS AND SUPERVISORS

  • Basic pay for semi-skilled and skilled manual workers and team leaders
  • Overtime, shift premiums and bonuses for manual workers
  • Table: Manual workers’ pay, premiums and bonuses by company and sector

PAY FOR PROFESSIONAL ENGINEERS AND MANAGEMENT STAFF

  • Basic salaries for graduates, qualified engineers and managerial staff including directors
  • Staff overtime, shift premiums and bonus arrangements
  • Analysis of engineers’ pay by discipline – project, production and design
  • Table: Engineering staff salaries by company and discipline, premiums and bonuses by company and sector

WORKING TIME AND HOLIDAYS

  • Basic hours and flexibility in working time arrangements
  • Basic and service-related annual holiday entitlement
  • Table: Hours and holidays for manual workers

UPSKILLING AND APPRENTICE TRAINING

  • Skills shortages and initiatives to deal with growing recruitment and retention difficulties
  • Apprentice training initiatives, pay levels and qualifications gained
  • Table: Pay rates for apprentices in engineering

PENSIONS

  • Trends in company pension provision
  • Employer and employee contribution rates for defined contribution schemes
  • The challenge of auto-enrolment

DIRECTORY OF COMPANY PAY STRUCTURES

  • Details current rates of pay and other key terms and conditions at 64 named leading engineering companies