Average Salary Increase For 2024. Salary increase budgets in 2023 reached their highest level in 20 years, new research shows, and employers are planning to stay fairly aggressive on pay going into next year despite looming. Employers report an actual average salary increase of 4.4% in 2023 during a year when bls reported annual inflation of 3.1%.
The latest government data (published november 2024) reveals that the mean average uk weekly wage (including bonuses) across all industry sectors (in england and. Companies expect to give out 4.5% raises this year — a dip from the 4.8% average bump given in 2023, per a new survey of human resources professionals out.
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