Pay trends and insights:

Planning for pay reviews in 2025

With inflation cooling but costs still high, pay reviews in 2025 present both challenges and opportunities. To help you make informed decisions, our report dives into the trends, forecasts, and industry-specific data on pay awards across sectors. 

Understand what’s shaping pay awards this year, so your organisation can stay competitive, compliant, and ready for what’s next. Key datapoints from our latest report reveal:

  • Median pay award in the last 12 months to end August was 4.7%, down from 6% a year earlier
  • Median pay award forecast for the next 12 months is 3%

Download the report

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Will pay deals fall back below inflation?

Our latest pay survey explores organisational plans for pay reviews over the next 12 months, offering key insights to adapt your strategy. Discover tactics for managing employee expectations, such as salary benchmarking against industry competitors and economic trends. Gain the insights you need to refine your pay strategy:

Current trends

Understand 2024 pay award trends and the factors shaping them

Forecasts for 2025

Explore projected pay increases across industries and sectors

Managing expectations

Learn approaches for balancing employee expectations with budget realities

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