What Were the Average Salary Increases in the United States for 2014?

What Were the Average Salary Increases in the United States for 2014?

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.

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.