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The pay scale was originally created with the purpose of keeping federal salaries in line with equivalent private sector jobs. Although never the intent, the GS pay scale does a good job of ensuring equal pay for equal work by reducing pay gaps between men, women, and minorities, in accordance with another, separate law, the Equal Pay Act of 1963.
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
The Federal Salary Council (FSC) is an advisory body of the executive branch of the United States government. Established under the provisions of Title 5, section 5304(e) of the United States Code, the FSC provides recommendations on the locality pay program, [1] created by the Federal Employees Pay Comparability Act of 1990 (FEPCA).
Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.
If the agency does not have a certified system, the maximum pay is set at Level III of the Executive Schedule ($207,500 for 2025). [6] Total aggregate pay is limited to the salary of the Vice President of the United States ($289,400 for 2025). [6] Prior to 2004, the SES used a six-level system.
Late last week, a former Countrywide Financial Corp. employee and his pal were arrested by the FBI for stealing and selling personal data of mortgage applicants. They estimate that up to 2 million ...
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
Lagow filed a lawsuit resulting in a $1 billion settlement against Bank of America , which took over Countrywide in 2008. Lagow wasn't alone in calling out his bosses for bad behavior.