Salary Increase Budget 2024. The overall salary budget increase in the region has decreased from 5.9 per cent in 2023 to 5.7 per cent this year and is projected to be at 5.8 per cent in 2025. According to payscale’s 2024 compensation best practices report, the average base pay increase given in 2023 was a whopping 4.8 percent, and the average planned for.

The facilitators’ proposal includes a 4.5% salary increase starting on july 1, 2024, followed by an additional 1.5% increase in march 2025. 29 aug 2024 02:40pm) singapore: