Pay Climate & Insights
For keeping up to date with pay trends and monitoring the economy
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This issue features our special annual look at the year ahead, based on your responses to our survey of prospects for pay and conditions. The results show clearly that pay is right at the top of the agenda for reward specialists, who as usual will have to balance upward pressures from recruitment, retention and motivation on the one hand, and inflation on the other, with downward pressures from affordability in many cases.
Pay Benchmarker
Get access to the data behind the commentary by subscribing to Pay Benchmarker– a comprehensive tool that includes around 800 pay awards annually, plus 10,000 salary records across 200 job roles from approximately 1,800 companies, many of which are named. This platform is accessible online at any time and allows users to benchmark roles and view up-to-date pay award information.
Services
Private sector median rises to 3.4%
The median pay award in the private sector rose from 3.0% to 3.4% in the three months to October 2025, according to our latest analysis. The average also ticked up: from...
Pay rises for junior staff exceed those for managers in 2025
Staff in junior roles typically received a higher level of pay rise than more senior employees working for the same organisation in 2025. Our monitoring of pay increases awarded at nearly 100 firms...
Inflation outlook could be marginally lower after April
Following last month’s Budget, we approached our panel of economists again to see if they had made any changes to their forecasts for inflation in the wake of the measures announced by the Chancellor.