Business Sentiment August 2011 - Pay
17/10/2011 - Over seven out of ten (72%) companies surveyed expect, or have already implemented, a pay freeze in 2011. Basic pay rates, on average, are expected to be slightly reduced in 2011, down by -0.2% across all respondents. Some 18% expect to increase basic pay rates this year, while 7% expect to decrease them.
Business Sentiment August 2011 - Sentiment
17/10/2011 - Managers' assessment of the overall business environment improved slightly in Q3, despite market volatility and eurozone turmoil. The current conditions index was -13, up from -17, and the three-month indicator was -11, up from -13. A more detailed breakdown reveals that sectors with a high concentration of multinational firms view the business environment more positively than do sectors where indigenous firms dominate.