The question of whether state employees will receive a raise in 2025 is a topic of significant importance, with far-reaching implications for both the employees and the state government as a whole. One of the primary benefits of providing state employees with a raise is the potential to attract and retain a highly skilled and qualified workforce. In… Read More »
The New York State minimum salary for exempt employees is set to increase to $68,400 in 2025. This is a significant increase from the current minimum salary of $48,500. The new minimum salary will apply to all exempt employees, including those who are paid on a salary basis and those who are paid on an hourly basis. This… Read More »
The term “2025 COLA federal employees” refers to the cost-of-living adjustment (COLA) that will be applied to the salaries of federal employees in 2025. The COLA is an annual adjustment that is designed to help federal employees keep pace with the rising cost of living. The COLA is calculated based on the Consumer Price Index (CPI), which measures… Read More »
The 2025 cost of living raise for federal employees is a scheduled increase in wages that is intended to offset the effects of inflation. The raise is calculated based on the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which measures the change in prices for goods and services purchased by urban… Read More »