Average Salary Increase Australia 2024. The oecd’s latest employment outlook 2024 reports that, compared with the period immediately before the pandemic, real wages are lower today in 16 of the 35 countries. For 2024, companies in australia continue to project an overall salary increase of 4.0%, with the backdrop of a high inflation rate of 5.7%.
This is equal to the actual salary increase recorded in 2023, and comes amid an inflation rate of 5.7%,. Australian workers enjoyed an average base pay rise of 0.9 per cent in the december quarter, leading to an annual increase of 4.2 per cent over 2023, according to the.
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