October 2017: Settlements and forecasts
Figures collected for October 2017 reveal the following:
The overall percentage of companies reporting a pay freeze has risen by 0.3%, now standing at 0.6%.
Excluding pay freeze, the average forecast for the next quarter is 2.5%, which has remained 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 four months.