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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.
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 ...
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).
In 1979, an FSO-1 earned from $61,903 to $65,750 per annum, with the caveat that civil service and Foreign Service salaries were capped at $50,112.50 per annum, equal to the pay rate for Level V of the Executive Schedule, per Section 5308 of Title 5 of the U.S. Code. The top theoretical annual salary, $65,750, was equal to that of a GS-18. [9]
Equal Pay Act of 1963: This federal law prohibits wage discrimination based on sex by requiring equal pay for equal work. It applies to all employers covered by the Fair Labor Standards Act (FLSA).
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The Senior Executive Service (SES) [1] is a position classification in the United States federal civil service equivalent to general officer or flag officer rank in the U.S. Armed Forces. It was created in 1979 when the Civil Service Reform Act of 1978 went into effect under President Jimmy Carter .
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 ...