2023 Federal Pay Raise and 2023 GS Pay Scale Finalized
President Biden has issued an Executive Order finalizing the 2023 federal pay raise as well as the 2023 GS pay scale tables.
Pay Raise
Federal employees under the General Schedule (GS) get an annual pay raise most years. Articles in this section are an important resource for federal employees to stay informed about their pay and any potential changes that may affect their salaries. These articles emphasize the importance of understanding the factors that contribute to pay adjustments and the broader economic context in which these decisions are made.
2023 GS Locality Pay Tables Published: Here are Localities with Highest and Lowest Pay Increases
Here are the 2023 GS locality pay areas with the highest and lowest total pay increases for 2023.
Are Federal Contractors Included in the 2023 Federal Pay Raise?
Are federal contractors included in the 2023 federal pay raise?
2023 Federal Pay Raise: Does Omnibus Spending Bill Provide a Bigger Raise?
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?
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
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
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.
2023 Federal Employee Pay: Changes in Two 2023 GS Locality Pay Areas
There will be changes to a couple of 2023 GS locality pay areas.
4.1% Differential Between 2023 Pay Raise, COLA
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
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?
