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Estimated 2023 GS Pay Scale for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 5, 2022 10:16 AM Categories Federal Employee Pay News Leave a comment
Information about the 2023 General Schedule (GS) pay scale and 2023 GS locality pay

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.

How is the Annual Federal Employee Pay Raise Determined? What You Need to Know

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 1, 2022 7:40 AM Categories Federal Employee Pay News Leave a comment
Four separate vertical stacks of coins growing in size from left to right pictured next to a white piggy bank on a wooden surface

How is the annual federal employee pay raise determined for the upcoming year?

OPM Issues Guidance on Implementing $15 Minimum Wage for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJanuary 21, 2022 11:48 AM Categories Federal Employee Pay News Leave a comment

Some federal employees will be getting a pay increase per guidance from OPM directing agencies to institute a new $15 per hour minimum wage.

Changes in Various 2022 Federal Pay Rates for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 4, 2022 9:14 AM Categories Federal Employee Pay News Leave a comment

President Biden’s Executive Order on the 2022 federal pay raise impacts a number of federal employee pay schedules.

2022 GS Pay Scale

FedSmith.com author Ian SmithBy Ian SmithJanuary 3, 2022 7:49 AM Categories Federal Employee Pay News Leave a comment
A large 3D dollar sign is pictured behind a harbor front city skyline

The 2022 GS pay scale is based on the 2022 federal pay raise which authorized an overall average raise of 2.7% for federal employees.

Using the 2022 Locality Pay System to Your Financial Advantage

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 28, 2021 8:48 AM Categories Federal Employee Pay News Leave a comment

2022 GS locality pay areas give some federal employees an option to greatly increase their disposable income.

2022 GS Locality Pay: Winners and Losers

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 23, 2021 9:17 AM Categories Federal Employee Pay News Leave a comment

Which locality pay areas received the highest—and lowest—pay raise in 2022? Here is the list.

Pay Agent Adding to Locality Pay—Lays Groundwork for Higher Pay in 2023

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 19, 2021 12:01 PM Categories Federal Employee Pay News Leave a comment

The President’s Pay Agent has issued its annual report on locality pay and adds one county in Illinois into the locality pay system.

Performance-Based Actions: How Much Is Too Much?

FedSmith.com author Robbie KunreutherBy Robbie KunreutherJuly 6, 2021 8:44 AM Categories Human Resources Leave a comment

In what situations is the disciplinary process the best route to take for employees who aren’t performing?

Cabinet Agencies with Highest Average Salary ($127,533) and Lowest ($76,955)

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJune 9, 2021 6:35 AM Categories Human Resources Leave a comment

Which federal cabinet-level agencies have the highest and lowest average salary?

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Daily TSP Performance

March 20, 2023

Fund Last % YTD
G Fund $17.3808 +0.03% +0.84%
F Fund $18.6769 -0.48% +2.58%
C Fund $60.8596 +0.89% +3.32%
S Fund $62.3656 +0.93% +1.36%
I Fund $35.1497 +1.25% +3.56%
L Income $23.2062 +0.25% +1.56%
L 2025 $11.6407 +0.38% +1.90%
L 2030 $40.0180 +0.59% +2.41%
L 2035 $11.8905 +0.65% +2.56%
L 2040 $44.5436 +0.70% +2.69%
L 2045 $12.0844 +0.75% +2.81%
L 2050 $26.2495 +0.80% +2.92%
L 2055 $12.6524 +1.01% +3.17%
L 2060 $12.6512 +1.01% +3.18%
L 2065 $12.6497 +1.01% +3.18%
Get detailed TSP data at TSPDataCenter.com

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