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April 2017: Settlements and forecasts

April 2017: Settlements and forecasts

April 2017: Settlements and forecasts

Figures collected for April 2017 reveal the following:

  • The average forecast for the next quarter is 2.9%, both excluding and including pay freeze, which has increased by 0.4% from the previous month’s records.
  • The average forecast for the coming year has increased once again, both for including and excluding pay freeze.
  • The percentage of companies reporting a pay freeze in March has hit the record all-time-low figure once more, now standing at just 3.7%.
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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.