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Search Results for: locality pay

2023 Federal Pay Raise and 2023 GS Pay Scale Finalized

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2022 2:49 PM | Updated: Jan 16, 2023 10:20 AM Categories Pay & Benefits Leave a comment

President Biden has issued an Executive Order finalizing the 2023 federal pay raise as well as the 2023 GS pay scale tables.

2023 Federal Pay Raise: Does Omnibus Spending Bill Provide a Bigger Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 21, 2022 11:33 AM Categories Pay & Benefits Leave a comment

Will Congress provide an additional amount for a 2023 federal pay raise? At this point, that is highly unlikely.

What Are “Special Rates” for Federal Employees? Will They Receive 4.1% Pay Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 20, 2022 6:46 AM Categories Pay & Benefits Leave a comment

What are special rates for federal employees and how are they related to the GS locality pay rates? Does the 2023 federal pay raise apply to the special rates?

Inflation, 2023 Federal Pay Raise, and Declining Wealth As 2022 Winds Down

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 13, 2022 9:49 AM Categories Pay & Benefits, Retirement Leave a comment

While the anticipated 2023 federal pay raise is 4.6%, on average, inflation has slowed to an annual increase of 7.1%.

Estimated 2023 GS Pay Scale for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 5, 2022 10:16 AM | Updated: Dec 24, 2022 9:41 AM Categories Pay & Benefits Leave a comment

What will federal employee pay be in 2023? Here is an estimate of the 2023 GS pay scale for each GS grade and step. Final figures will be out later this month.

4.1% Differential Between 2023 Pay Raise, COLA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 19, 2022 8:11 AM Categories Pay & Benefits, Retirement Leave a comment

Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.

A Perfect Retirement Storm? Comparing Pay Raise, Inflation, COLAs During Periods of High Inflation

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 9, 2022 9:17 AM Categories Retirement Leave a comment

Is 2022 a good year to retire? How do the annual pay raise, inflation, and COLAs compare during similar economic circumstances under Presidents Carter and Biden?

Biden Issues Alternative Pay Letter for 2023 Federal Pay Raise: Average 4.6% Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 31, 2022 3:16 PM | Updated: Aug 18, 2024 11:22 AM Categories Pay & Benefits Leave a comment

President Biden has issued the letter outlining his alternative pay plan of a 4.6% average increase for the 2023 federal pay raise.

Federal Salary Council Adopts “Pro-labor Recommendations” to Raise Pay for Upwards of 30,000 Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 15, 2022 7:12 AM | Updated: Sep 23, 2022 9:51 AM Categories Pay & Benefits Leave a comment

The Federal Salary Council is recommending changes to raise pay for “tens of thousands” of federal employees.

FSC Says Federal Employee Pay Disparity Now at 22.47%

FedSmith.com author Ian SmithBy Ian SmithAug 9, 2022 4:06 PM Categories Pay & Benefits Leave a comment

The Federal Salary Council said that federal employees are underpaid by an average of over 20%. Does this mean you should expect a pay raise of this size?

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