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Average Salary Increase For 2024 In Usa

Average Salary Increase For 2024 In Usa. Organizations are planning an average increase of 4.0% in 2024. Payscale’s 2024 compensation best practices report, released in march, predicted a higher average base pay increase of 4.5% in 2024.


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. Average annual raise percentage = 3.6% = 0.036.

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