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2024 GS Pay Scale. The 2024 General Schedule (GS) pay scale is based on the 2024 federal pay raise. The GS pay table incorporates a base pay increase of 4.7% and an additional 0.5% for locality pay. The pay cap for some higher GS grades will be $191,900 in 2024 as limited by the rate for level IV of the Executive Schedule.

2024 GS base pay rate: $51,759 (incorporating the 4.7% across-the-board pay increase) 2024 locality rate: $64,399 ($51,759 x 1.2442) The 2024 GS base pay rate for the federal employee in this example is $51,759, but this is without locality pay.

Civilian federal employees are officially set to receive a sizeable pay raise in 2024 after President Joe Biden signed an executive order implementing the increases on Thursday. As expected, most General Schedule employees will receive an average of a 5.2% boost to their pay, which will take effect in the first full pay period in January.

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 as a 0.6% increase over last year’s ...

The 2024 increase is the largest pay raise for federal employees since the Jimmy Carter Administration in 1980. It’s also a 0.6% increase over the 2023 pay raise. ... the federal government established locality pay to mitigate the growing wage gap between private sector workers and federal employees performing similar jobs in the same ...

The National Finance Center will be processing the 2024 Federal pay raise in accordance with the Office of Personnel Management guidelines as described below. Implementation. This bulletin contains the following sections: Federal Pay Increase Federal pay increases not processed for Pay Period 01 of the current pay raise year

President Joe Biden has officially announced plans for a federal pay raise next year, effective Jan. 1, 2024. Most civilian employees on the General Schedule will, as expected, receive an average 5.2% pay raise in 2024, according to the alternative pay plan Biden submitted to congressional leaders Thursday afternoon.. The percentage accounts for a 4.7% across-the-board raise plus a 0.5% ...

Federal employees will get an average 5.2 percent pay hike next year, the biggest increase since 1980, according to the National Treasury Employees Union. The raise includes a 4.7 percent across-the-board raise and a 0.5 percent locality pay increase.

The across-the-board pay increase will be 4.7% and locality pay will average an additional 0.5%. Last year’s raise averaged 4.6%. ... the government again risks facing a shutdown, during which ...

The 2024 federal employee pay raise will result in increasing the pay caps that apply to senior positions and to many in the upper ranks of the GS. The GS pay cap is rising from $183,500 to $191,900.

This is the largest pay raise federal workers have seen since 1980, when President Carter issued a 9.1% increase. All employees on the GS pay schedule will see a 4.7% increase across the board, plus a locality-based adjustment that averages around 0.5%. OPM has posted the full set of 2024 pay tables here: General Schedule (opm.gov)

Published May 3, 2024 5:59pm . A bill seeking to increase government workers' salaries to up to 46% has been filed in the Senate. ... Under the proposed measure, increases in the basic salary of government workers will be given in four tranches. According to Estrada, the first tranche will grant government workers a 10% increase, 11% increase ...

This clears the way for Biden’s recommended pay plan which will take effect on January 1, 2024. 2024 GS Pay Rates. Under Biden’s plan there will be 4.7% across-the-board pay raise plus an average of 0.59% locality increase depending upon where you work. This gives a total 2024 GS pay raise of 5.29%.

The FY 2024 Salaries and Expenses increase is mostly attributable to the following the following factors: ... 1 - Position the Federal Government as a model employer, improving the Government-wide satisfaction index score by 4 points: $15,744,866: 79.2: 2 - Transform OPM’s organizational capacity and capability to better serve as the leader ...

The Salary Standardization Law (SSL) continues to bring positive changes for government employees in 2025. As part of the four-year salary adjustment plan under Executive Order No. 64, signed by President Ferdinand Marcos Jr. in 2024, the second tranche of salary increases is set to take effect on January 1, 2025.. Overview of SSL VI

The administration’s budget proposal was not specific how the 5.2 percent increase would be divided into an overall average pay increase and locality pay. The 2023 federal pay raise proposal from the White House was 4.6 percent, and it was enacted with a 4.1% base pay raise and a 0.5% average locality pay adjustment.

The lawmakers believe the FAIR Act “restores years of lost wage increases for federal employees by ensuring that federal employees, who serve in all 50 states on behalf of constituents in every congressional district.” Last year, a similar bill proposed that the 2023 federal pay raise be 5.1%. The final pay raise for 2023 was 4.6%.

Federal employees work across the country—and may make different salaries than their local nonfederal counterparts. To help align federal workers' salaries with their local areas, Congress authorized an annual "locality pay adjustment" starting in 1994. In 2023, 60% of federal employees received a locality pay increase.

The 2024 federal civilian pay increase is set at 4.6%, marking one of the largest adjustments in recent years.This figure is a composite of a 2.2% across-the-board raise and an average 2.4% locality pay adjustment, which varies by geographic area.Locality pay is designed to account for the higher cost of living in certain regions, ensuring that federal employees remain competitive with private ...