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The GS is now codified as part of Chapter 53 of Title 5 of the United States Code sections 5331 to 5338 (5 U.S.C. §§ 5331–5338). The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs.
There are another 1,500,000 people in system analysis, system administration, and computer support, many of whom might be called software engineers. Many systems analysts manage software development teams, and as analysis is an important software engineering role, many of them may be considered software engineers in the near future.
A general rule for comparing periodic salaries to hourly wages is based on a standard 40-hour work week with 50 weeks per year (minus two weeks for vacation). (Example: $40,000/year periodic salary divided by 50 weeks equals $800/week. Divide $800/week by 40 standard hours equals $20/hour).
Startups, in particular, struggle with compensation as they are often competing with other startups for talent. For Roger Lee, the issue came up repeatedly when he co-founded 401(k) provider Human ...
Elon Musk says he’s increasing salaries for Tesla engineers because Sam Altman’s OpenAI keeps trying to recruit them Christiaan Hetzner April 4, 2024 at 8:07 AM
This is exactly what’s happened at Google, says Devon, who earns nearly $150,000 a year, according to his offer letter that Fortune reviewed. Leaders were just “buying up everyone they can so ...
According to the U.S. Bureau of Labor Statistics (BLS), "computer applications software engineers and computer systems software engineers are projected to be among the faster than average growing occupations" The expected ten-year growth as of 2014 for computer software engineering was an estimated seventeen percent and there was a total of ...
The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of ...
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