A authorities pay elevate is a rise within the salaries of presidency workers. In the USA, the federal authorities sometimes offers its workers a pay elevate as soon as per 12 months, primarily based on the suggestions of the president and the approval of Congress. The president’s price range request for 2025 features a 2.7% pay elevate for federal workers.
There are a number of the explanation why a authorities might give its workers a pay elevate. One purpose is to maintain up with the price of residing. The price of residing is the sum of money it takes to purchase the products and providers that folks have to stay, akin to meals, housing, and transportation. If the price of residing goes up, then the federal government may have to present its workers a pay elevate in order that they’ll sustain with their bills.