Majority of firms will freeze pay in 2010 survey finds
Swinton insurance plans to freeze pay next year, the Times reports.
It said 58% of company directors polled by the British Chambers of Commerce (BCC) said they were planning wage freezes during 2010. Another 5% said they planned to cut pay next year.
Last month the Bank of England estimated that 40% of private sector employers had frozen pay over the past year.
The Guardian reported that BCC found that 63% of the 260 companies questioned were considering pay restrictions and 18% were looking at the removal of benefits.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
