What Is The Average Salary Increase For 2024 In Usa. Employers plan to offer an average salary increase of 4% for 2024, according to a new survey from wtw, which advises companies on compensation issues. Inflation was 2.9% as of july, and salary increase budgets were 4.0%.
Companies expect to give out 4.5% raises this year — a dip from the 4.8% average bump given in 2023, per a new survey of human resources professionals out. Understand what an appropriate salary raise for 2024 looks like.