2024 Salary Increase Projections Korn Ferry. While salaries in singapore and malaysia are expected to stay flat at 4.0 percent and 5.0 percent respectively, the survey found the median salary is expected to increase 6.5. Benchmark your organization against 150+ markets.

This figure, matching last year’s prediction for 2024 is a four. Korn ferry’s global total rewards pulse survey finds that firms are planning higher than usual wage increases in 2023, but below inflation levels.