Biden to propose 5.2% federal pay increase, largest in pay raise in 43 years

[Anonymous]

I’m a new fed so help me out — this 5.2% increase would be for the baseline GS scale, right? Any bets for how much the increase will be specifically for the DC area? Housing has exploded so much here I would bet there’s a COLA increase on top of that.

[Anonymous]

Anonymous wrote:I’m a new fed so help me out — this 5.2% increase would be for the baseline GS scale, right? Any bets for how much the increase will be specifically for the DC area? Housing has exploded so much here I would bet there’s a COLA increase on top of that.

Hi new fed! Welcome to the public sector. Just some terminology correction. We do not get COLAs. We have “locality pay.”

The 5.2% is an average. About .5% is set aside for locality pay bumps so the areas with locality pay get a slightly bigger increase than other areas. https://www.govexec.com/pay-benefits/2023/06/odds-52-pay-raise-feds-2024-improve-release-senate-defense-policy-bill-ndaa/387928/

Sadly it is not tied to cost of living. There are areas more affordable than here that have higher locality pay than us. It’s a recruitment tool so it’s used in places where there has been a harder time hiring at the base GS level. I don’t think there’s a shortage of potential employees to recruit in this area so unfortunately the housing boom is unlikely to have any effect. Also, our locality includes all the way up to Baltimore and parts of WV. So even if they factored in housing, it’s unlikely to bump us up much.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

The unions at the FinRegs negotiate the increases for a few years out. SEC must have negotiated for a couple percentage points over the Federal raise. It’s mostly because that’s the only raise. There are no step increases there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

Because SEC is the only part of government that actually does any meaningful work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

Because SEC is the only part of government that actually does any meaningful work.

[Anonymous]

Because SEC is the only part of government that actually does any meaningful work.

Yes, all those agents, prosecutors, intelligence and cybersecurity professionals, meatpacking inspectors, etc. don't do anything meaningful.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

The unions at the FinRegs negotiate the increases for a few years out. SEC must have negotiated for a couple percentage points over the Federal raise. It’s mostly because that’s the only raise. There are no step increases there.

The last part is important to remember. Steps average out to 1.5% over a career so the total raise is about 1% more than what the rest of the govt gets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

Because SEC is the only part of government that actually does any meaningful work.

I agree. Overseeing the most prestigious conference in college football is far more important than anything else the federal government does. They deserve their raise!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

Because SEC is the only part of government that actually does any meaningful work.

I agree. Overseeing the most prestigious conference in college football is far more important than anything else the federal government does. They deserve their raise!

LOL!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

That's wild. Folks at the SEC are going to make bank!

Yup. Going to be like an 8 or 9 pct raise this year for them. And that's on the back of like a 7 pct raise last year.

You can't be serious. How did the SEC give such a big raise?

Because SEC is the only part of government that actually does any meaningful work.

I agree. Overseeing the most prestigious conference in college football is far more important than anything else the federal government does. They deserve their raise!

You made my morning.

[Anonymous]

Miles to go before this raise actually happens. My guess is it’ll end up around 2.65.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Any update? I saw a deal was reached on the house but it does seem to have the 5.2% for all workers (only active military)

That's how these deals work. They compromise and give the military a raise. Civilian feds should expect 1 or 2%

Well this makes sense. Recruitment is very difficult right now and as far as I can tell our active military don’t have the option to work remotely when it suits.

It is 5.2 for civilian feds as well. This has already been reported.

i

How much for people who are at the cap?

4.7 at most.

[Anonymous]

It’s at 5.2% in NDAA and silent everywhere else, which usually means it will end up at 5.2% if it tracks most other years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m a new fed so help me out — this 5.2% increase would be for the baseline GS scale, right? Any bets for how much the increase will be specifically for the DC area? Housing has exploded so much here I would bet there’s a COLA increase on top of that.

Hi new fed! Welcome to the public sector. Just some terminology correction. We do not get COLAs. We have “locality pay.”

The 5.2% is an average. About .5% is set aside for locality pay bumps so the areas with locality pay get a slightly bigger increase than other areas. https://www.govexec.com/pay-benefits/2023/06/odds-52-pay-raise-feds-2024-improve-release-senate-defense-policy-bill-ndaa/387928/

Sadly it is not tied to cost of living. There are areas more affordable than here that have higher locality pay than us. It’s a recruitment tool so it’s used in places where there has been a harder time hiring at the base GS level. I don’t think there’s a shortage of potential employees to recruit in this area so unfortunately the housing boom is unlikely to have any effect. Also, our locality includes all the way up to Baltimore and parts of WV. So even if they factored in housing, it’s unlikely to bump us up much.

Our locality is about to expand further into WV and south too with the new OPM guidelines. It will take one county out of Richmond and add it to the DC locality and add a couple more WV counties. This move will squeeze folks in DC, but give a good boost to the new areas.