Comparing a 2014 Federal Pay Raise to Private Sector Raises
How does the federal pay raise compare to the average private sector raise for 2014? It is complicated but here are some broad numbers.
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.
How does the federal pay raise compare to the average private sector raise for 2014? It is complicated but here are some broad numbers.
The president has issued an executive order that will give federal employees an across-the-board pay raise of 1% “on the first day of the first applicable pay period beginning on or after January 1, 2014.”
In a letter issued late Friday, the president has said that he is transmitting an alternate pay plan for an across the board pay increase of 1% for the federal workforce.
The Senate Committee on Appropriations has made the first step towards granting a 1% pay raise for federal employees in 2014 by affirming its support for a pay increase for DoD civilian employees.
The White House has continued is continuing to push for a 1% pay increase in 2014.
Two recent editorials take issue with the upcoming pay increase for federal employees.
The debate over a pay raise for federal employees in 2013 is well underway. Pay parity with the military is a tactic proponents will often use to vie for a larger pay increase for federal employees.
Will you get a COLA as a federal retiree in 2011? Will federal employees get a pay raise in 2011? How much will your health insurance premium go up in 2011?
How much of a pay raise will federal employees receive in 2011? The debate is already beginning with the submission of a 1.4% suggested pay raise for the military in 2011. It is unlikely that the civilian pay raise will exceed any raise for the military so the starting point in negotiations for next year is 1.4%.
Why will the 2010 pay raise for some readers be less than 2%? Which geographic area will receive the biggest pay raise in 2010?