Q:

What were the average salary increases in the United States for 2014?

A:

Quick Answer

Salaries in the United States increased an average of 3 percent in 2014. This is a slight increase from previous years as the United States steadily emerges from an economic recession. However, after accounting for inflation, this 3 percent increase is a flat wage gain.

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Full Answer

The average salary increase gives an idea of overall workforce and economic health, but wage increases for different types of employees and different industries provide a more detailed understanding. Executives' salaries increased slightly more than the 3 percent average while hourly workers' salaries increased slightly less than the average. Salaries in the energy industry increased by 3.5 percent, reflecting that industry's growing strength in the economy.

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