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Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...
Retirees can expect to receive a 2.5% cost-of-living adjustment (COLA) in 2025. Many of these changes will have a direct impact on your benefit amount, potentially affecting your checks by ...
The state employee pay plan for the 2025 fiscal year, which starts on July 1, 2024, is modeled after last year's pay raises. It is designed to be more beneficial for workers who are paid below ...
The pay raise comes along with the Pentagon's higher tax-free housing allowance. Basic Allowance for Housing rates will increase an average of 5.4% when the new rates take effect on Jan. 1, 2025 ...
Many career experts think the best time to ask for a raise is at the end of the year, before employers finalize the coming year's budget. If you feel you've earned a pay bump and you'd like to ...
Employee retention at 37% remains the highest priority, but it is down from the 49% in 2024. The biggest shift was companies placing a focus on new technologies which almost doubled to 14% from 8% ...
Most state employees will receive a 3% raise starting in July. Specifically, those who are employed in a state-funded job position as of June 30 will receive a 3% raise starting July 1, when the ...
Image source: Getty Images. How payroll taxes work. There is a standard Social Security payroll tax on income collected under the Federal Insurance Contributions Act ().If you have an employer and ...