What Is The Average Salary Increase For 2024 By Industry. Raises above the average raise percentage can satisfy your employees and avoid high turnover rates. 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., instead of.

Employers are planning an overall average salary increase of 4.0% for 2024. That’s according to the latest salary budget planning survey by.