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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
Average employment growth of 12% was expected for secretaries and administrative assistants, from 2012 to 2022, according to the U.S. Bureau of Labor Statistics (BLS). ). General secretaries and administrative assistants, not serving as legal, medical or executive secretaries, earned an annual median wage in 2018 of $52,840, according to t
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.
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.
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).
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
The annual rate of pay for a baseline assistant secretary is pitched at Point 27 of the Master Pay Scale ($78,310 (USD) or $610,800 (HKD)) and will go up to Point 49 of the Master Pay Scale ($191,200 (USD) or $1,491,360 (HKD)). "Rank and Post (Rev Nov 2015)" (PDF) The grade has an established tradition of academic aristocracy.
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