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As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $96,770) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $97,373, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...
5 U.S.C. § 5315 lists 346 non-obsolete positions that receive pay at Level IV of the Executive Schedule. As of January 2024, the annual rate of pay for Level IV positions is $191,900. [2] Annual pay for General Schedule employees, including locality pay and special rates, may not exceed this level. [4]
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).
Unlike the General Schedule (GS) grades, SES pay is determined at agency discretion within certain parameters, and there is no locality pay adjustment.. The minimum pay level for the SES is set at 120 percent of the basic pay for GS-15 Step 1 employees ($147,649 for 2024). [7]
The tight labor market will push 2023 salaries up by their highest percentage in 15 years, according to a new survey from advisory firm Willis Tower Watson, but the extra pay might not do much to...
With oil as the country’s top exported good, per 2023 federal trade data, employers in that industry would likely need to rebalance costs by cutting back a large number of workers if other ...
The federal income tax collected by the IRS applies to all Americans regardless of where you live, but the rules for state income tax rates and how those taxes are paid can be vastly different.
The most far reaching provisions of the Act were to change the way pay is set for the General Schedule and to maintain comparability by locality. It also called for establishment of the following special pay plans: Senior Level (SL) employees (non-supervisory and non-managerial employees classified above grade 15 of the General Schedule), administrative law judges (AL), members of the Boards ...