Manufacturing industry executives across the sector are cutting holidays, working longer and taking on bigger loads as they attempt to make themselves ‘recession proof’ – so says a survey by the Chartered Management Institute released today.
As redundancy rates have doubled to three per cent over the last year and 23 per cent of respondents rate their positions as ‘insecure’, 29 per cent said they would prefer to work through their holiday allocation in exchange for cash and 14 per cent will not use their full allowance regardless. For those that…
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