AROUND half of senior managers below board level have not been awarded a salary increase, according to research by Deloitte.

A study by the business advisory firm showed that although the salaries for senior managers are less likely to be frozen in 2009 than for executive directors the overall total cash for the group has decreased more than board directors.

In September, a report on the remuneration of executive director......for the full story register now for free or login below...