Managers Pay Increases -- Up 7.1 Percent

November 1987
Management Services;Nov87, Vol. 31 Issue 11, p29
This article focuses on the increase in salary of managers in England in 1987. It is reported that the basic pay increase for managers had been 7.1 percent but due to increased bonus payments, their total earnings were up by 7.6 percent. This was above the predicted increase of 6.3 percent made by data providers a year ago and therefore suggested that this year's prediction would prove equally low. Reported that around 25 percent of managers received a bonus payment. This was compared to 23 percent of the previous year which showed that although the number was growing, it was not growing as fast as expected. The basic salary of managers who had bonuses paid in addition had been compared to those who had no bonus. This comparison has revealed that bonus payments were genuine additions to pay and not used to discreetly pay lower.


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