May 2017: Settlements and forecasts
Figures collected for May 2017 reveal the following:
- The percentage of companies reporting a pay freeze in May has hit the record all-time-low figure once more, now standing at just 2.5%. This is a staggering 19.5% lower than the highest figure on record in March 2014, highlighting a very positive pay trend for 2017 so far.
- The average long term forecast, including pay freeze, has increased from last month now standing at 2.2%.