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Federal pay rates are falling nearly 25% short of the private sector
Nov 19, 2024 · The wage gap narrowed over the past year in part due to the 5.2% federal pay raise for 2024, NTEU said. It was the largest pay raise for the General Schedule in over 40 years.. But a Federal News Network data analysis in 2023 also showed that federal pay raises haven’t kept pace with private sector salary increases for more than a decade.. The Federal Salary Council calculates the federal ...
Pay & Benefits - Federal News Network
Amelia Brust/Federal News Network Open Season Open season is like hunting season. You've got to aim carefully "You really got to pay attention to your health plan for 2025, because some of the rates are going up more than the average," said Tammy Flanagan.
Mike Causey - Federal News Network
Mike Causey writes a daily column, Mike Causey's Federal Report, on pay, benefits and retirement issues for Federal News Network and can be heard daily on 1500 AM.
All News - Federal News Network
man holding pieces of jigsaw puzzle. business matching concept. crowd sourcing. freelancer. teleworking. Hiring/Retention DOGE leaders seek telework rollback, but agencies say it improves retention
Pay raise for federal employees seems to be all but ensured
Aug 5, 2024 · Federal employees are one step closer to receiving the 2% pay raise the Biden administration proposed for fiscal 2025. The Senate Appropriations Committee remained silent about the proposed increase when it passed the Financial Services and General Government appropriations bill last Thursday.
Workforce - Federal News Network
Election_2022_Postal_Service_29236 Agency Oversight USPS expects billions spent on upgrades will mean better holiday season performance . Despite these efforts, it remains unclear if USPS will see a higher volume of packages than it did last year.
Retirement - Federal News Network
Graphic By: Derace Lauderdale/FNN Retirement OPM loses ground on retirement claims backlog in October . OPM processed 6,458 claims last month, about 150 more than the previous month.
AFGE rallies for 7.4% federal employee pay raise, spending deal to ...
Feb 13, 2024 · The lawmakers and federal employee unions say the FAIR Act would help bring federal salaries in line with those of the private sector. According to the Federal Salary Council, federal employees’ pay lagged about 27.5% behind that of private sector workers in 2023.. About 57% of feds say they’re happy with their pay — a 10% decline in just the last three years, according to the results of ...
Federal Newscast - Federal News Network
2025 COLA will be 2.5%, but some federal retirees get a smaller percentage