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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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March 2017: Settlements and forecasts
March 2017: Settlements and forecasts

Figures collected for March 2017 reveal the following:

  • The average forecast for the next quarter is 2.5%, both including and excluding pay freeze, which has increased by 0.2% from the previous month.
  • The percentage of companies reporting a pay freeze in March has hit the all-time-low figure once more, matching January’s figure of 4.7%.