December 2017: Settlements and forecasts
Figures collected for December 2017 reveal the following:
The overall percentage of companies reporting a pay freeze has increased from 0.6% to 3.1%.
Excluding pay freeze, the average forecast for the next quarter is 2.4%, which is the same as the previous month.
Including pay freeze, the average settlement for the year is 2.1%, which has remained the same as the previous six months.