GITNUX MARKETDATA REPORT 2024

Statistics About The Average Promotion Raise

The average promotion raise is typically around 10-15% of the employee's current salary.

Statistic 1

"The average promotion raise is 8.9% of worker's wages."

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Statistic 2

"On average, an employee can expect a 3-5% pay raise in a certain year."

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Statistic 3

"A promotion raise averages between 3% and 5% of an employee’s current salary."

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Statistic 4

"Around 39% of employees received an income boost in 2020 because of either a promotion or new role."

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Statistic 5

"The average percentage for a promotion raise is 15% if changing companies."

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Statistic 6

"Promotion raises can be as high as 20% of current salary."

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Statistic 7

"Companies spend an average of 23% of their budget on promotion raises."

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Statistic 8

"In IT jobs, promotion raises can be as high as 9.3% on average."

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Statistic 9

"Women receive an average promotion raise of 7.4%, whereas men receive 8.3%."

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Statistic 10

"On average, annual increases in base salaries range from 1.0% to 4.5%."

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Statistic 11

"Managers typically receive a raise of 10-20% when promoted."

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Statistic 12

"The average promotion salary increased 2.5% in the past year."

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Statistic 13

"Workers over 40 received less than 1% more in pay raises than younger workers."

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Statistic 14

"The average raise in 2020 was 2.6%."

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Statistic 15

"In 2020, promotion raises in the engineering field were around 5-7%."

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