Gs Pay Scale 2023 Nyc – General Schedule is referred to by its abbreviation, GS pay scale. In the US, it represents the pay scale for positions in the federal government. A standard wage for all federal employees was established with the creation of the GS pay scale in 1920. There are 13 grades between the GS-1, the lowest grade, and the GS-15, the highest grade.
Two categories of GS scales exist:
1) Career or Career-Conditional: This scale is applied when an employee’s position requires a bachelor’s degree or higher or specialized experience in their line of work.
2) Non-Career: The non-career scales are used when a worker does not need a bachelor’s degree or specialized experience for the position.
On January 1, 2023, a revision to the current General Schedule (GS) pay scale is scheduled. Plans for pay scale adjustments by the White House and Congress are what led to this change. The General Schedule provides a base salary for civilian federal workers and associated groups as well as locality pay adjustments, grade/step changes, and cost of living adjustments. The pay scale is released yearly and is subject to modification. This article will go over the pay scale changes and how they affect the federal workforce.
Across the board, the base pay for federal employees on the GS Pay scale is rising by 2.2%. Regional variations exist in locality pay, though. The average raise might not reach 3% in a year with low inflation if this is the case. The new pay scales will reflect the higher salaries for military personnel and federal workers.
For federal employees on the GS pay scale, there will be a 4.6% increase in the General Schedule pay scale over the next few years. This pay increase is in line with the fiscal year 2023 White House budget proposal. A 0.5% locality pay adjustment will be included in the increase. Beginning on January 1, 2023, this increase will be in force. The President has once more used his authority over alternative plans in addition to the base pay increase.
The Senate and the House of Representatives have endorsed the President’s proposal. It is anticipated that the new general pay scale will go into effect on January 1, 2023. Civilian federal employees will receive an average pay raise of 4.6% as a result of the increase in 2023. Despite the recent budgetary turbulence, the new General Schedule pay scale represents a significant improvement in the working conditions for federal employees. The new pay scale will help the federal workforce retain current employees and recruit new ones.