Pay review tracker - the state of pay in 2026

Many HR professionals have told us that their organisation is planning to award pay rises in 2026 that are at a similar level to the pay increase awarded in 2025. Inflation fluctuated throughout 2025 and is currently higher than it was this time last year. The prices of many key items such as food, as well as mortgages and rents, remain higher than before the pandemic and the higher cost of living continues to present upward pressure on pay awards. On the other hand, the labour market has softened to some extent and this presents pressure in the opposite direction. 

This poll is designed to capture a snapshot of the pay landscape with views from organisations that have agreed their 2026 pay rise and those that have yet to decide the level of this year’s award.

All participants will receive a summary of the results, which will provide insights into pay trends for 2026. Taking part will help you benchmark your plans against those of other major UK employers and help you make better decisions on pay in an uncertain climate.

The poll will be open until 5pm on Tuesday 10 March 2026.

Zoe Woolacott
Senior Researcher
zoewoolacott@incomesdataresearch.com
01702 669549

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