What Is The Average Salary Increase For 2024 In Michigan

What Is The Average Salary Increase For 2024 In Michigan. The tipped employee rate of. Understand what an appropriate salary raise for 2024 looks like.

In 2023, 96% of organizations increased salaries (compared to 63% in 2020) as overall salary increase budgets and total compensation spend reached new heights. Michigan’s minimum wage rate will increase from $10.10 to $10.33 per hour on january 1, 2024.