Federal Cola Increase 2024. Starting in january of 2024, federal employees will receive an average raise of 5.2% in their first full cycle paychecks, per president biden’s executive. Differential favors current federal employees.
2024 federal pay raise highest in 43 years. Starting in january of 2024, federal employees will receive an average raise of 5.2% in their first full cycle paychecks, per president biden’s executive.