Salary Budget Survey 2024
Salary Budget Survey 2024. A look at the average projected annual increase budgets for both merit and total increases compared to 2023. According to payscale’s 2024 compensation best practices report, the average base pay increase given in 2023 was a whopping 4.8 percent, and the average planned for.
A look at the average projected annual increase budgets for both merit and total increases compared to 2023. And though increases are expected to be down in 2024, they look to remain high, according to data from wtw’s december 2023 salary budget planning report.