What Is The Average Salary Increase For 2024

What Is The Average Salary Increase For 2024. Understand what an appropriate salary raise for 2024 looks like. Employers reported that 2024 annual merit increase budgets rose by 3.3 percent, on average, while total salary increase budgets jumped by 3.6.


What Is The Average Salary Increase For 2024

India again shows the largest average salary increase budget in the survey, averaging 9.6% for 2024. Employers plan to raise compensation budgets in 2024 by 3.5% for merit increases and 3.9% for total salary increases for nonunionized.

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