President Biden Again Calls for 5.2 Percent Pay Hike
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President Biden Again Calls for 5.2 Percent Pay Hike President Biden last week announced his official proposal for an average 5.2 percent pay increase for 2024, which would give federal employees their largest pay raise in 43 years. The president’s plan would help close the pay gap between federal employees and their counterparts, which stands at 24.09 percent according to the Federal Salary Council. Congress has been silent so far on a federal pay raise in annual appropriations bills, deferring to the president’s proposal. Under the president’s alternative pay plan, the 5.2 percent increase federal employees would receive consists of a 4.7 percent across-the-board increase with 0.5 percent devoted to locality pay. |
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