Summary: Most federal employees are inching toward what will likely be a 5.2% pay raise in 2024. But even that big of a boost won’t be enough to offset the growing wage gap between the federal and private sectors of the nationwide workforce, according to the Federal Salary Council. Over the last year, federal employees earned on average 27.54% less in wages than their private sector counterparts. The Federal Salary Council, composed of federal and labor leaders, reported the updated number in a public meeting Tuesday. It’s more than a 3% increase in the pay disparity since the council’s previous report of a 24.09% wage gap during 2022. The percentage-based pay gap has remained in the low- and mid-twenties for several years, and has stayed consistently above 20% since March 2007, the Federal Salary Council working group noted in its latest report. Learn more about your ad choices. Visit megaphone.fm/adchoices
