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A Democratic senator on Wednesday formally introduced a bill that would provide an average 3.2% pay raise to civilian federal employees in 2022, mirroring legislation already under consideration in the House.
The Federal Adjustment of Income Rates Act by Sen. Brian Schatz, D-Hawaii, would provide federal workers with a 2.2% across-the-board pay increase next year, along with an average 1% increase in locality pay. Companion legislation was introduced by Rep. Gerry Connolly, D-Va., in the House in January.
In 2021, federal employees received a 1% across-the-board pay raise after Congress declined to override former President Trump’s alternative pay plan. That increase did not include a change in locality pay rates.
While proposals to increase the minimum wage to $10 and $15 are being debated at the federal level, local legislatures in cities across the U.S. are taking initiatives to pass their own
Sen. Hawley to introduce blue-collar pay raise bill
Blue-collar bonus proposal By Marsha Heller | February 24, 2021 at 10:30 AM CST - Updated February 24 at 6:19 PM
WASHINGTON, D.C. (KFVS) - U.S. Senator Josh Hawley (R-Mo.) announced he will be introducing a new bill to give blue-collar workers a pay raise on Wednesday, February 24.
The measure, the âBlue-Collar Bonus Tax Credit,â would give workers a bonus four times a year through an automatic, advanceable tax credit based on hours worked and median pay formula.
In a released statement, Sen. Hawley said the following is how the formula would work:
Credit Amount The credit is worth 50 percent of the difference between the median wage and the workerâs hourly wage rate. In other words, the credit would boost per hour wages 50 percent closer to the median. The median wage is set at $16.50 per hour and will be indexed to inflation. The credit is allowed for a maximum of 40 hours per week and phases out at the m
Walmart to hike pay for 425,000, or nearly a third of its U.S. workforce By Kate Gibson Biden s $1.9 trillion COVID relief plan
Walmart the nation s largest private employer is hiking pay for 425,000 workers, or nearly a third of its U.S. workforce of 1.5 million.
Store workers tasked in digital and stocking positions that proved particularly crucial during the pandemic will earn more starting March 13, with their starting hourly rates going to $13 to $19 based on location and market, the retailer said.
That includes employees who fetch items from store shelves for online orders to be picked up or delivered, workers central to fourth-quarter sales of just under $100 billion, Walmart U.S. Chief Executive John Furner wrote Thursday in a post to employees.