Pay Awards & Forecast (April 2018)

blog-publish-date 08 August 2018

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 April 2018:

  • The overall percentage of companies reporting a pay freeze has decreased from 5.4% to 4.1%
  • Excluding pay freeze, the average forecast for the next quarter is 2.3%, which has stayed the same for the third month in a row
  • Including pay freeze, the average settlement for the year is 2.1%, which has decreased by 0.1% since last month