2024 Federal Salary Increase. Employers report an actual average salary increase of 4.4% in 2023 during a year when bls reported annual inflation of 3.1%. Millions of federal employees will receive an average 5.2% pay raise effective january, thanks to an executive order issued by the president on thursday.
In the wtw survey, u.s. 2023 gs base pay rate:
The Fiscal 2024 Budget Request Asked Congress For A 5.2% Average Federal Pay Raise.
Here is a list of all the raise amounts based on locality pay area.
Aligning With This Trend, A Survey By Payscale Indicates That Businesses Are Planning To Uphold An Average Salary Increase Of 3.8% Throughout 2024.
In the meantime, we have posted an estimated 2024 gs pay scale that will give you an idea of what impact the likely 5.2% 2024 federal pay raise will have on the.
The Table Below Shows The Federal Pay Raises General Schedule Employees Will Actually Receive.
Images References :
If Wages Were To Increase By 4 Per.
Some lawmakers, mostly democrats in support of the fair act, are pushing.
Press Release December 21, 2023.
Office of the speaker of the house of common.
Companies Expect To Give Out 4.5% Raises This Year โ A Dip From The 4.8% Average Bump Given In 2023, Per A New Survey Of Human Resources.