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Characteristics and Pay of Federal Civilian Employees Form

Characteristics and Pay of Federal Civilian Employees Form

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the federal government pay raise for 2024 is official and on average government employees will be seeing a 5.2% pay raise in January the way that this works is that a pay raise of 4.7% will be across the board and on top of that there'll be an average of a half a percent increase for locality pay this raise is the largest in over 40 years you would have to go all the way back to 1980 when President Carter gave a 99.1% pay raise in fact if you look at this past decade there have been multiple years where we only get 1% or 0% it was between 2011 and 2013 where the pay raises was set at zero most people expect that the pay raise should match or at least try to match the rate of inflation and the goal for the Federal Reserve is to have an inflation rate of about 2% so this means that each and every year we should see about a 2 or 3% increase in our pay but that hasn't been happening now if you look back at 2022 2023 it makes sense to see a 4 or five even over 5% pay raise d

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