Despite recovery senior management still feel the strain of recession

Published:  01 July, 2014

Despite economic recovery, pay levels still haven't returned to pre-recession levels for almost a fifth of senior management in the construction sector.

According to a survey by Close Brothers Business Barometer, 42% of senior management in construction firms across the UK were forced to take a pay cut during the recession, with over half of that number seeing their salary scaled back by between 5-10%.