The CSRS COLA, effective Dec. 1, 2022, increases the death benefit for an employee who dies on or after that date to half of their final annual pay (or average pay, if higher), plus $40,279.

Whether you’re a job seeker or current employee, understanding the difference between salary and hourly pay is essential. Your pay structure can significantly impact your income, work-life ...

Using the time-and-a-half rule of thumb, you’d calculate overtime pay by multiplying an employee’s hourly rate by 1.5 and then multiplying the result by the number of overtime hours they worked.