Business Sentiment November 2011 - Pay
21/12/2011 - Over three quarters of respondent companies (76%) expected, or had already implemented a pay freeze in 2011. Basic pay rates, on average, were expected to be slightly reduced in 2011, down by -0.2% across all respondents. Some 15% had already increased or expected to increase basic pay rates in 2011, while 7% expected basic pay rates to decrease.
Business Sentiment November 2011 - Sentiment
21/12/2011 - Managers’ assessment of the overall business environment in Ireland fell sharply in Q4 2011 to -28 from -13 in the previous quarter. This is the most negative assessment since the end of 2010. Confidence in the outlook for the coming three-month period also fell sharply to -29 from -11 in the previous quarter.