Innecto Insights report: Autumn 2025 Edition

This whitepaper outlines the key implications for reward professionals of the Autumn Budget announcement.

The combination of a rising wage floor, persistent cost-of-living pressures, and changes to pension tax relief creates a triple challenge for reward professionals. 

Yet it also presents an opportunity to rethink reward strategy, to move beyond annual pay increases to a holistic total reward approach, align pay, benefits, and career development with business objectives and affordability, and communicate the full value of employment clearly to employees.

Download the full report to find out:

  • The OBR forecasts 3.5% inflation for 2025, but median pay awards for 2026 are projected at 3%.
  • Nominal regular earnings growth fell to 4.6% in the three months to September period, down from 4.7% in the prior period, and the lowest since April 2022.
  • Latest analysis of pay settlements across all sectors shows a median increase of 3.3% in the three months to October, up from the 3% norm seen throughout 2025.

Supplied by REBA Associate Member, Innecto Reward Consulting

The UK’s largest independent pay and reward consultancy, transforming pay into performance.

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Benefits trends for 2026: combating disrupted motivation in an increasingly AI-driven world

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