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Settlements and forecasts

Every month, the latest findings for pay trends, forecasts, settlements, and more, are collected and published.

Based on data collected across organisations, the settlements and forecasts document provides a tool to review salaries.

Settlements reveals the average increase that has been applied at each level over the previous quarter and year, according to collected data. Forecasts reveals the expert predictions as to what salary increase will be applied over the coming quarter and year, based on collected data.

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January 2017: Settlements and forecasts
January 2017: Settlements and forecasts

Figures collected for January 2017 reveal the following:

  • The number of participating companies reporting a pay freeze significantly beats December’s record by a staggering 4.3%.
  • This is the third consecutive month where the percentage of companies Croner pay experts have surveyed has beaten the previous month’s record.
  • 2016’s average pay freeze percentage was recorded at 15.1%, meaning that the first figure to be reported in 2017 has already beaten last year’s average by over 10%.