Federal Managers Association

In the News

• A CBO report raises new questions about Biden’s 2% pay raise plan - May 7, 2024

• By Erich Wagner, Government Executive

  Anew report from the Congressional Budget Office found that a gap between the combined pay and benefits of federal workers and their private sector counterparts has nearly disappeared between 2015 and 2022, raising new questions about President Biden’s proposed 2% average pay raise for the federal workforce in 2025.
  
  Federal policymakers generally rely on one of two reports comparing the compensation of federal and private sector workers. First is an annual analysis compiled by the Bureau of Labor Statistics for review by the Federal Salary Council, which compares only the wages of similar jobs, is the preferred citation of Democrats and federal employee unions.

  To read the full article, click here.

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