Average Salary Increase For 2024 In Usa

Average Salary Increase For 2024 In Usa. That’s according to the latest salary budget planning survey by wtw, a. According to the survey, employers in the us plan to raise their compensation budgets by 3.5% for merit increases for 2024 and 3.9% for their total.

Mostly large us corporations are projecting an average increase in their base pay budgets of 3.9% for next year, according to a new survey of 300. Payscale’s 2024 compensation best practices report, released in march, predicted a higher average base pay increase of 4.5% in 2024.