2024 Pay Period Calendar Government Employees. This consists of a general schedule (gs) base pay increase of 4.7% and a 2024 gs locality pay increase of 0.5%. The 2024 pay raise for federal employees is the amount originally proposed by the white house in march and also outlined in president biden’s alternative pay plan letter issued in august.

The payday for a specific pay period is 2 weeks after the end of that pay period. The first biweekly pay period of 2024 starts jan.