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%.