Purchase the Results of the 2024 
Salary Increase and Turnover Study

Learn how 2,100-plus organizations across the U.S. and
around the world are approaching pay and turnover trends.


Set Your 2025 Pay Strategy with Fresh Salary Budget Data

The pressure is on for HR professionals to make intelligent compensation decisions to attract, retain, sustain and grow their workforce. To this end, it’s more important than ever to use a data-driven approach to plan for your 2025 salary budget needs and set your pay strategy with confidence so you can engage and retain your key talent in the critical months ahead.

To help address this need, we're excited to release the results of our 2024 Salary Increase and Turnover Study, featuring input from more than 2,100 participating organizations on pay trends across the country. In this report, you will find critical insights on 2025 budget plans and the current hiring environment, as well as pay practices and performance management data.

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What is covered in the 2024 report?

This edition provides actual 2024 salary increase budgets and turnover trends as well as projected budgets for 2025. The full table of contents includes:

  • Budget and actual increases by employee group, industry, region and state (U.S. report) and by country and industry (Global report). Delivered in Excel.
    • Merit
    • General increases
    • Special adjustments
    • Promotional
  • Turnover including sales by industry, region and state (U.S. report) and by country and industry (Global report). Delivered in Excel.
    • Overall
    • Voluntary
  • Pay practices (delivered in PDF)
    • Workforce planning
    • Talent identification (e.g., high potentials, critical talent/key positions and top performers)
    • Performance management
    • Pay increase philosophy and approach
    • Salary increases
    • Promotions
    • Special adjustments
    • Across-the-board increase/General increase
    • Structure movement
    • Regrettable turnover



Images shown are for illustrative purposes only and may not reflect actual data.

Who participated in the study?

More than 2,100 companies in tens of industries participated in our 2024 study, including:

  • 3M Company
  • Abbott
  • Activision Blizzard
  • Adobe Inc.
  • Apple
  • Atlassian
  • Bain & Company
  • Baxter International Inc.
  • Blackrock
  • bp
  • Capital One
  • Carnival Cruise Line
  • Charles Schwab
  • CVS Health
  • Dell
  • Deutsche Bank
  • Emirates Transport
  • Expedia Group
  • Fandom Inc.
  • Farmers Insurance
  • Ford Motor Credit Co.
  • Four Seasons
  • General Motors
  • Gilead Sciences
  • H&M
  • Hewlett Packard Enterprise
  • Hyatt Hotels Corporation
  • IBM
  • Johnson & Johnson
  • JP Morgan Chase & Co.
  • Kaiser Permanente
  • LINE Plus
  • LinkedIn
  • lululemon
  • Microsoft
  • Nike Inc.
  • Nvidia
  • Oracle
  • PepsiCo
  • Pfizer, Inc
  • Pixar
  • Rakuten Group Inc.
  • Roblox
  • Salesforce.com
  • Schlumberger
  • Taiwan Semiconductor Mfg.
  • Target
  • The Boeing Company
  • Tiffany & Co.
  • Verizon
  • Walmart Inc.
  • Zillow

 

Report Pricing

Purchase the results of the 2024 Salary Increase and Turnover Study today.

  • U.S. Survey Results: $2,000
  • Global Survey Results: $2,500
  • U.S. and Global Survey Results: $3,000