President Biden has issued an Executive Order implementing an average federal employee pay raise of 2.7% effective January 1, 2022.
Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.
Federal employees may soon have another leave benefit at their disposal: paid parental bereavement leave.
Will the continuing resolution have an impact on the 2022 federal pay raise for federal employees?
The 2021 inflation rate so far is now 6.2%. With a projected 2022 federal pay raise of 2.7%, and a COLA of 5.9%, purchasing power is declining fast.
President Biden has released an alternative pay plan for the 2022 pay raise for federal employees. Here are the details.
A significant step in the 2022 pay raise for federal employees is coming up by the end of August. Will it be 2.7% as widely predicted?
Federal pay raises granted over 8 years totaled 13.1%, however, the actual average salary went up 18.6%. In DC, the average salary went up 21%.
How large will the federal employee raise be in 2022? The next step in the very long political process is now underway.
What is the largest federal employee pay raise in the past few decades? Here is an analysis.