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, based mostly on the suggestions of the president and the approval of Congress. The president’s finances request for 2025 features a 2.7% pay elevate for federal workers.
There are a number of the reason why a authorities might give its workers a pay elevate. One purpose is to maintain up with the price of dwelling. The price of dwelling is the sum of money it takes to purchase the products and companies that folks must dwell, corresponding to meals, housing, and transportation. If the price of dwelling goes up, then the federal government may have to offer its workers a pay elevate in order that they will sustain with their bills.