President Signs Order Giving Civilian Fed Workers 5.2% Raise Job at The Well News™, LLC., Fresno, CA

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  • The Well News™, LLC.
  • Fresno, CA

Job Description

President Signs Order Giving Civilian Fed Workers 5.2% Raise President Joe Biden signing an executive order in the Oval Office. (White House office) WASHINGTON — President Joe Biden on Thursday signed an executive order fulfilling his promise to provide civilian federal workers with an average 5.2% pay raise starting in mid-January. Biden had proposed the bump in salaries in the 2024 budget proposal he released last March. According to data published by the Office of Personnel Management last night, the increase represents a roughly 4.7% across-the-board pay increase, which will be bolstered further by an average 0.5% increase in locality pay. Though often thought of as a cost of living adjustment for employees living in various parts of the country, locality pay is actually based on a comparison of wages for federal versus non-federal employees in similar occupations, who live in the same geographic region. Biden also signed the fiscal 2024 National Defense Authorization Act on Thursday, which will raise the pay for military service personnel by an average of 5.2% next year. The average pay increases represent the largest pay hikes for federal civilian workers since the Carter administration, when the former president gave them an average increase of 9.1% during his final months in office. A number of workers — about 33,300 of them — will also benefit next year from recent changes in the locality pay system. Those changes include the creation of four new locality pay areas, as well as the expansion of some already existing areas. The new areas are: Fresno-Madera-Hanford, California. The new general schedule pay tables are located here . The affected federal workers can expect to start seeing the changes reflected in their paychecks for the first full pay period of 2024, which for most begins Jan. 14. Last year, Federal News Network published a helpful formula that enables employees to calculate their actual pay raise. The steps are as follows: First, multiply your current base salary by this year’s base pay raise percentage. Next, add the result from step 1 to your current base salary. Then multiply the result from step 2 by this year’s locality pay raise percentage for your locality pay area. Finally, add the result from step 3 to your answer from step 2 (rounding up). DANVILLE, Illinois (AP) — On the south side of Chicago, students learn to work on Rivian electric pickup trucks and SUVs through a new technician program at Olive-Harvey College. About 150 miles (240 kilometers) south, students at Danville Area Community College in Illinois are taught to... Read More The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening. Unemployment claims for the week ending May 4 rose by 22,000 to 231,000, up from 209,000... Read More NEW YORK (AP) — This spring, NBC News, The New York Times and National Public Radio have each dealt with turmoil for essentially the same reason: journalists taking the critical gaze they deploy to cover the world and turning it inward at their own employers. Whistleblowing... Read More WASHINGTON — The Federal Trade Commission voted 3-2 on Tuesday to ban noncompete agreements, a decades-old vehicle that has prevented untold millions of employees from working for a competitor or starting their own competing businesses after leaving a job. The agency’s proposed final rule is scheduled... Read More MIAMI (AP) — The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group, the company behind... Read More WASHINGTON — The Mine Safety and Health Administration issued a new rule on Tuesday aimed at better protecting the nation’s miners from health hazards associated with exposure to respirable crystalline silica, also known as silica dust. Inhaling crystalline silica, a known carcinogen, can cause serious lung... Read More #J-18808-Ljbffr

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