2024 Average Salary Increase. Employers are planning an overall average salary increase of 4.0% for 2024. 1 the state is followed by:
Us employers plan to raise compensation budgets in 2024 by 3.5% for merit increases and 3.9% for total salary increases for nonunionized employees, but that is lower than the. Payscale—a provider of compensation data, software and services—reports that its eighth annual salary budget survey found pay increases in 2024 are predicted to.