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- $43,888 per yearThe GS-15 salary in 2024 will increase to $43,888 per year starting July 1, 2024, and is expected to further increase to $58,656 per year on January 1, 20251. The starting salary for a GS-15 employee is currently $123,041 per year at Step 1, with a maximum possible base pay of $159,950 per year at Step 102.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.These revisions to the Fair Labor Standards Act (FLSA) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting July 1, 2024. This rate is expected to increase again to $58,656 ($1,128/week) on January 1, 2025.humanresources.columbia.edu/news/flsa-minimu…GS-15 pay is capped at level V of the Executive Schedule. Starting salary for a GS-15 employee is $123,041.00 per year at Step 1, with a maximum possible base pay of $159,950.00 per year at Step 10. The hourly base pay of a Step 1 GS-15 employee is $58.96 per hour1.www.federalpay.org/gs/2024/GS-15
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Upcoming Raise to Affect Pay Caps, Have Other …
WEBDec 26, 2023 · The 2024 federal employee pay raise will result in increasing the pay caps that apply to senior positions and to many in the upper ranks of the GS. The GS pay cap is rising from $183,500 to...
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WEBDec 21, 2023 · The 2024 GS pay scale incorporates a 2024 federal pay raise with an overall average increase of 5.2%. This consists of a General Schedule (GS) base pay increase of 4.7% and a 2024 GS locality pay …
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