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- 5.2 percentLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The White House issued an Executive Order Thursday finalizing the 2024 federal employee pay raise of an overall average of 5.2 percent. The 2024 GS pay schedules are effective the first day of the first applicable pay period beginning on or after January 1, 2024 (January 14, 2024, based on the standard biweekly payroll cycle).www.myfederalretirement.com/federal-pay-raise/Under the terms of that letter, the federal pay raise for 2024 will be an across-the-board base pay increase of 4.7% and locality pay increases averaging 0.5%. This will result in an overall average pay increase of 5.2% for federal employees in 2024.www.fedsmith.com/2023/12/21/2024-federal-pay-ra…The 2024 GS pay scale incorporates a 2024 federal pay raise with an overall average increase of 5.2%. This consists of a General Schedule (GS) base pay increase of 4.7% and a 2024 GS locality pay increase of 0.5%.www.fedsmith.com/2023/12/21/2024-gs-pay-scale/
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