The Ravio Blog

The average Software Engineer salary in 2025 is £70,000 and Senior Software Engineer salary is £110,200 (Ravio benchmarks). Plus variance by country, stage, and AI Engineer premiums.

The average employee attrition rate in 2025 is 17.4% – but there's variance depending on location, job function, and more. Plus, 5 retention strategies to keep top talent.

Hiring rates are stable at 29% in 2025. But, major shifts are happening: AI hiring is exploding, whilst Operations and entry-level hiring collapses, and startups opt for leaner teams to scale.

The average pay rise in 2025 is 5.0% and promotion increase 22.3% (Ravio 2026 Compensation Trends report) – but there's variance depending on location, job function, and more.

Location based pay is a compensation strategy where employee salaries are adjusted based on the location they work from. Alternatives include geographic pay differentials, or location agnostic pay.

A market adjustment raise is a salary increase to align employee pay with current market benchmarks for their role – unlike merit increases, which reward individual performance.

New in Ravio: Bands now includes total cash. Manage base, variable, and total cash bands in one unified compensation bands tool.

Most companies see the pay equity process as a one-off project or an annual compliance activity. Instead, it must be embedded in every pay decision – including compensation reviews.

Join Vaso Parisinou (CPO at Ravio) and Giac Soliman (Compensation Manager at Monzo) to discuss practical ways AI can be applied in Rewards. From risk models and pay history to upskilling your team, they’ll cover the opportunities, challenges, and governance issues that matter most for Reward leaders.

The EU Pay Transparency Directive is bringing major changes to hiring, compensation management, gender pay gap reporting, and more. Read our comprehensive guide to get prepared and stay compliant.