US Salary Increase Budgets 2023–2024
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US Salary Increase Budgets

US Salary Increase Budgets 2023–2024

17 October 2023 / Report

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CEO Insight Minute: What Will 2024 Salary Increase Budgets Look Like?

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CEO Insight Minute: What Will 2024 Salary Increase Budgets Look Like?

Facing labor shortages, companies have raised their salary increase budgets more than at any time since 2001.

Total salary increase budgets in 2023 are significantly above prepandemic levels and are projected to remain elevated in 2024, according to our latest survey, US Salary Increase Budgets 2023–2024.

Total salary increase budgets in 2023 are significantly above prepandemic levels and are projected to remain elevated in 2024, according to our latest survey, US Salary Increase Budgets 2023–2024.
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Authors

Judit Torok

Judit Torok Judit Torok

Research Associate
The Conference Board

Read Bio

Selcuk Eren

Selcuk Eren Selcuk Eren

Former Senior Economist
The Conference Board

Read Bio

Lisa Hunter

Lisa Hunter Lisa Hunter

Senior Fellow and Program Director
The Conference Board

Read Bio

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U.S. Salary Increase Budgets for 2016

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August 25, 2014

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U.S. Salary Increase Budgets for 2014

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June 21, 2013

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U.S. Salary Increase Budgets for 2013

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June 19, 2012

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U.S. Salary Increase Budgets for 2012

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June 30, 2011

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U.S. Salary Increase Budgets for 2011

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July 13, 2010

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Infographic: US Salary Increase Budgets 2024-2025

Infographic: US Salary Increase Budgets 2024-2025

September 09, 2024

Report

US Salary Increase Budgets 2024-2025

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September 08, 2024

Brief

Payrolls Rise in September by 336,000 Defying Expectations

Payrolls Rise in September by 336,000 Defying Expectations

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