What Is The Average Salary Increase For 2024 In The Us

What Is The Average Salary Increase For 2024 In The Us. The increase was driven by a 2.5% increase in employment and an 8.5% increase in total wages and salaries, which grew by nearly $24.6 billion in 2023. Workers can position themselves for bigger pay bumps by earning certifications,.

That’s according to us salary increase budgets. Employers are planning for 3.5% pay raises on average.