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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).
The Federal Employees Pay Comparability Act of 1990 or FEPCA (H.R. 5241, Pub. L. 101–509) is a United States federal law relating to the salaries for employees of the United States Government. In the 1980s, salaries for civil servants in the executive branch had fallen behind private sector pay. FEPCA was enacted to provide guidelines to ...
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In December 2007, the President's Pay Agent reported that an average locality pay adjustment of 36.89% would be required to reach the target set by FEPCA (to close the computed pay gap between federal and non-federal pay to a disparity of 5%). By comparison, in calendar year 2007, the average locality pay adjustment actually authorized was 16.88%.
December 4, 2024 at 9:50 AM WASHINGTON (Reuters) - U.S. private payrolls increased at a moderate pace in November, while annual wages for workers staying in their jobs edged up for the first time ...
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At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
An opening is seen in the fuselage of an Alaska Airlines Boeing 737-9 MAX on January 7, 2024 in Portland, Oregon. A door-sized section near the rear of the plane blew off 10 minutes after Flight ...