The federal employee pay raise is a significant factor for government workers, impacting their salaries and financial planning. Typically taking effect on January 1st each year, this pay increase is determined by legislation and considers factors like inflation and budget constraints. The 2024 pay raise will be crucial for many, with charts available to help employees understand the changes across different pay grades. Looking ahead, future raises for 2025 and 2026 will also be shaped by economic conditions and workforce needs. For personalized salary projections, federal employees can use tools like the federal pay raise calculator.