State Of Nc Salary Increase 2023

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State Of Nc Salary Increase 2023 History of Legislative Increases 1992 2023 Year Cost of Living Career Growth Bonus Other 1992 522 0 0 1993 2 0 1 bonus 1994 4 0 1 bonus 1995 2 0 0 1996 2 5 2 0 Includes a 3 5 salary increase for most State employees except those paid on an experience based salary schedule such as Correctional Officers State Highway Patrol

This report was produced by the North Carolina Office of State Human Resources in December 2023 LABOR MARKET ADJUSTMENT RESERVE Increase salary for an employee who was below the midpoint of the salary range were awarded LMAR increases from 2022 to 20234 The average LMAR increase in this year s The average salary increase budget is projected to be 3 95 percent2 for all employers in 2024 due to the inflation and recruitment challenges over the past year The 2023 2025 fiscal biennium provided a 4 0 percent legislative increase effective July 1 2023 for most state employees and a 3 0 percent legislative increase effective July 1 2024

State Of Nc Salary Increase 2023

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North Carolina state government faces a competitive job market leading to high turnover and difficulty finding qualified candidates T hough inflation has moderated the state s workforce continues to struggle with decreased purchasing power salary increase in FY 2023 24 and an additional 3 increase in FY 2024 25 for net appropriation State of North Carolina salary increase from the funds appropriated for this purpose Sec 39 2 a 3 At the option of the agency salary increases from the LMAR may be used to retroactively increase salaries starting on July 1 2023 provided that the employee was in pay status on that day This is the

Raises for community college employees Community college faculty and non faculty personnel across the board raises of 2 5 the first year and 2 5 the second year starting July 1 Minimum Community college faculty and non faculty personnel will get an across the board salary increase of 4 in 2023 and 3 in 2024 University of North Carolina employees will also get this raise

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Salary schedules are increased implemented according to the new state salary increase based on the effective date per legislation Special Edition Contribution Rates TSERS CJRS LRS 2023 My NC Retirement Retirement Monitor September 2023 My NC Retirement Hospitalization rates go into effect on the Calendar year not the A 4 one time supplement for retirees in 2023 A 5 5 pay raise in 2023 for employees on a step pay plan and an additional 3 in 2024 Labor market reserves for agencies to use to address certain position salaries to bring them more in line with similar positions Funding for the State Health Plan and retirement system

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