Gs Pay Scale 2023 Overtime – General Schedule is the abbreviation for the GS pay scale. In the United States, it is the pay scale for federal government jobs. In 1920, the GS pay scale was established to establish a standard wage for all federal employees. The lowest grade is GS-1 and the highest grade is GS-15, with 13 grades in between.
Two types of GS scales exist:
1) Career or Career-Conditional: The career or career-conditional scales are used when a position requires a bachelor’s degree or higher or specialized experience in the employee’s field of work.
2) Non-Career: The non-career scales are utilized when a bachelor’s degree or specialized experience is not required for the position.
On January 1, 2023, the current General Schedule (GS) pay scale will be revised. This change is the result of congressional and presidential plans to adjust pay scales. The General Schedule provides a base salary to federal civilian employees and related groups, as well as locality pay adjustments, grade/step changes, and cost of living adjustments. The salary scale is published annually and is subject to modification. This article will examine the impact of the pay scale changes on the federal workforce.
The base pay for GS Payscale federal employees is increasing by 2.2% across the board. Locality-based pay adjustments vary by region. In a year with low inflation, this may not be sufficient to bring the average raise to 3%. The new pay scales will reflect the new salaries of federal employees and members of the military.
The General Schedule pay scale for federal employees will increase by 4.6% over the next few years. This increase is in line with the fiscal year 2023 budget proposal from the White House. Included in the increase is a 0.5% locality pay adjustment. This price increase will become effective on January 1, 2023. In addition to the increase in base pay, the President has again exercised his authority over alternative plans.
Senate and House of Representatives have approved the President’s proposal. The new general pay scale will likely become effective on January 1, 2023. The increase will result in an average raise of 4.6% for federal civilian employees in 2023. Despite recent budgetary turbulence, the new General Schedule pay scale is a significant step toward enhancing the working conditions of federal employees. The new pay scale will help the federal government recruit and retain new employees.