IBEC says over 20% of Irish employers have implemented pay reductions
Sep 15th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A new IBEC survey of 508 companies, which together employ over 86,000 employees, shows that the majority of Irish enterprises had pay freezes and reductions in staff numbers in 2009. Just over 20% of employers have implemented pay reductions. The IBEC Business Sentiment Survey (Q3) was carried out between 17-29 August 2009.