What Is The Average Salary Increase For 2024. Surveys and market analysis point to average salary increases between 3.5% and 3.9% in 2025. Employers are planning for 3.5% pay.

Employers are planning for 3.5% pay. 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.