Average Salary Increase For 2024 Nyc. Raises above the average raise percentage can satisfy your employees and avoid high turnover rates. Respondents report, on average, a planned base salary increase of 3.8 percent in 2023.
Among some industries, however, base salary increases reported by respondents. Our analysis of the governor’s proposal projects the share of directly affected nyc workers at around 14%, with much smaller aggregate wage earnings of approximately $400 million in 2024.