Average Salary Increase For 2024 Uk

Average Salary Increase For 2024 Uk. Uk employers are budgeting an average increase of 4.4% in 2024, down from the average increase of 5.1% in 2023. This means from april next year the ‘new’ state pension would increase from £221.20 per week (£11,502 per year) to £230.05 per week (£11,963 per year).

Compared with the previous year this. Wondering how much that pay rise will mean in real terms after tax, paye and national insurance deductions?