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Reply to "Federal employee, did you get 1.3% increase in salary for this week paycheck?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Depends on rounding. It will vary slightly for each step and grade, but generally between 1.45 and 1.46. We are talking about ten bucks a year, plus or minus. [/quote] Depends on your salary, but that's certainly not true across the board. I'm not saying it's going to be a huge increase but if you make 100k, 1% would be $1000/yr. Even if 50% is eaten up by taxes and deductions, that's $500/yr or $20/check. Not big by any means but not exactly 10 cent/check either.[/quote] I meant the difference between 1.45 and 1.46. [/quote]
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