Average Salary Increase Australia 2024

Average Salary Increase Australia 2024. Employers continue to cite inflationary pressures and concerns over a tight labor market as the primary influencing factors behind salary increase budgets. The public sector rose 0.9%, up from 0.6% last quarter.


Average Salary Increase Australia 2024

Even as inflation slows at the end of 2023, planned salary increases for 2024 remain higher than average over the past 20 years. Historically, 3% salary increase is a common practice with an inflation rate of below 2%.

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