The 2023 Executive actual increase came in at 5.6%. Contractors are projecting a 2024 executive increase of 4.7%. Historically predictions are about .3% to .5% low, so we expect the 2024 year-end actual increase to grow by year end. The actual 2023 increase compared to the 2023 projected increase was .9% higher, so it is possible we will see this same trend in 2024 (or not – see below). For comparison, WorldatWork is projecting a 4.1% average increase for all executives in 2024.
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