Shrm Salary Budget 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. However, 22% of companies intend to cut the amount they’re dedicating.
Pay is expected to rise 3.8%, compared to 4% in 2023, according to the wednesday results. The new rule calls for a series of.