1、20242025Your best resource for the 2024-2025 budgeting season has arrived.Our Salary Budget Survey features insightful analysis of data sourced directly from compensation professionals broken out across key firmographic and geographic segments.Inform how you build out your compensation budget in cel

2、ebrated detail,with planned salary increase budgets,salary structure adjustments,and promotion increases laid out for each type of employee.A compensation strategy built on data-driven decisions will ensure you dont fall behind in securing and retaining talent in a volatile economy.With trusted data

3、 and insights,Payscale is here to help you get pay right.Salary Budget Survey2SummaryAll Respondents2024 actual Increases2025 planned IncreaseTotal IncreasesTotal IncreasesCountAverageCountAverageUnited States10693.6%9703.5%Canada2683.4%2433.3%Payscales Salary Budget Survey provides insights on proj

4、ected salary budget submissions from 1,550 organizations collected between April and June in 2024 to help HR and compensation professionals determine their pay increase strategy for the coming year.The stabilization of inflation along with a loosening of labor market conditions has led to planned sa

5、lary increases diminishing slightly for the upcoming budgetary season.Only a small portion of organizations(19 percent in the United States and 13 percent in Canada)anticipate a salary increase budget that is higher than last year.Most organizations(66 percent in the United States and 69 percent in

6、Canada)expect budgets to remain the same.For those anticipating a higher budget,increased competition for labor was the primary reason(53 percent for the United States and 46 percent for Canada).However,this reason has dropped compared to previous years.Economic performance has improved,which could