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 June 2017:
- The percentage of companies reporting a pay freeze in June has once again hit the record all-time-low figure, now standing at just 2%.
- Including pay freeze, the average settlement in the last 4 months is 2%, which has increased by 0.1% from last month.
- Excluding pay freeze, the average settlement for the year has increased by 0.1% from last month, now standing at 2.2%.