Pay Awards & Forecasts (April 2017)

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 2017:

  • The average forecast for the next quarter is 2.9%, both excluding and including pay freeze, which has increased by 0.4% from the previous month’s records
  • The average forecast for the coming year has increased once again, both for including and excluding pay freeze
  • The percentage of companies reporting a pay freeze in March has hit the record all-time-low figure once more, now standing at just 3.7%