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The steps below explain how to do that:
- Multiply your current base salary by this year’s base pay raise percentage
- Add the result from step 1 to your current base salary
- Multiply the result from step 2 by this year’s locality pay raise percentage for your locality pay area
- Add the result from step 3 to your answer from step 2 (rounding up)
federalnewsnetwork.com/pay/2023/01/how-does-locality-pay-actually-work-and-…- People also ask
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WEBJan 5, 2023 · To calculate your actual pay raise, first add the base pay percentage, followed by the locality pay percentage. The steps below explain how to do that: Multiply your current base salary by this year’s …
WEBJan 2, 2018 · A: Answering this question is not easy, but let me start by mentioning that the GS pay system actually is made up of two parts – the underlying GS pay scale, and an add on known as the locality pay …
WEBJan 5, 2018 · Instead, locality pay increases are based on comparison from the Bureau of Labor Statistics, which uses the National Compensation Survey to measure non-federal compensation in a particular labor …
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