Gs Pay Raise For 2024
Gs Pay Raise For 2024. The biden administration’s agenda for the federal workforce next year is coming into focus, with the release of more details supporting its fiscal 2024 budget. Congress passed the 2024 national defense authorization act, which is expected to be signed by the president and authorizes a pay raise for both service.
This clears the way for biden’s recommended pay plan which will take effect on january 1, 2024. All gs employees will get a 4.7% base pay raise before the 0.5% locality pay increase is applied.
Depending On Their Job Location, Some Workers Will Receive More.
All gs employees will get a 4.7% base pay raise before the 0.5% locality pay increase is applied.
An Average 5.2% Pay Increase Marks The Largest Authorized For Federal Workers Since The Carter Administration Adopted A 9.1% Average Raise In 1980, As Well.
This means that the proposed federal employee pay raise is virtually ensured for 2024.
Last Year’s Raise Averaged 4.6%.
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President Biden Officially Proposed A 5.2% Average Pay Raise For Both Civilian Federal Employees And Military Service Members Next Year As Part Of His Fiscal 2024.
Biden made plans for the 5.2% raise official in august, after first including it in the fiscal 2024 budget proposal in march.
Some Federal Employees Will Receive Slightly More And Others Will Receive A Little Less Than 5.2%, Based On Their Locality.
This means that the proposed federal employee pay raise is virtually ensured for 2024.