Croner Reward has been advising businesses on reward and benefits for over 40 years; providing research, information and bespoke advice for more than a generation of HR and Payroll professionals.
Every month, we provide the latest findings for pay trends, forecasts, settlements, and more.
Figures collected by Croner Reward reveal the following for July 2017:
- The average settlement in the last 4 months, excluding pay freeze, is 2.2% – which has increased by 0.1% from last month.
- Including pay freeze, the average long term forecast is 2.2%, which has stayed the same as the last three months.