What Is The Average Salary Increase For 2024 In Us

What Is The Average Salary Increase For 2024 In Us. The average monthly job gain from april 2023 through. For historical perspective, mercer projected 2023 annual merit increases of 3.9% and total salary increases of 4.3%, then provided revised figures of 3.8% and 4.1%, respectively, in april 2023.

According to the july salary budget planning survey by wtw, a leading global advisory and broking firm, the expected average increase in salary in the us is 4.0% in 2024. Among some industries, however, base salary increases reported by respondents may surpass 4.5 or.