2024 Average Salary Increase. Payscale—a provider of compensation data, software and services—reports that its eighth annual salary budget survey found pay increases in 2024 are predicted to be 3.8% on average in the u.s.,. Recent projections indicate that uk employees can expect an average salary increase.

Employers are planning an overall average salary increase of 4 percent for 2024, according to the latest salary budget planning survey by consulting. Inflation was 2.9% as of july, and salary increase budgets were 4.0%.