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Reply to "Biden to propose 5.2% federal pay increase, largest in pay raise in 43 years"
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[quote=Anonymous][quote=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. [/quote] 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. [/quote]
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