What Is The Average Salary Increase For 2024 In Usa

What Is The Average Salary Increase For 2024 In Usa. Though this number is down from 4.4% in 2023, it is well above 3.1% in 2021 and 3.0% in 2020. In the first quarter of 2024, median weekly wages for workers in the us was $1,139, according to bls.

Employers are planning an overall average salary increase of 4 percent for 2024, according to the latest salary budget planning survey by consulting firm wtw, which surveyed more than. Employers are planning for 3.5% pay raises on average.