Average Salary Increase For 2024 In Usa. 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. Though this number is down from 4.4% in 2023, it is well above 3.1% in 2021 and 3.0% in 2020.
Monthly average earnings per hour of all employees in the united states from august 2022 to. Employers reported that 2024 annual merit increase budgets rose by 3.3 percent, on average, while total salary increase budgets jumped by 3.6.
