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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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June 2017: Settlements and forecasts
June 2017: Settlements and forecasts

Figures collected for June 2017 reveal the following:

The percentage of companies reporting a pay freeze in June has once again hit the record all-time-low figure, now standing at just 2%.

Including pay freeze, the average settlement in the last 4 months is 2%, which has increased by 0.1% from last month.

Excluding pay freeze, the average settlement for the year has increased by 0.1% from last month, now standing at 2.2%