Search results
Results from the WOW.Com Content Network
For example, if a sailor has the pay-grade of E-5 (rank of petty officer second class) and the rating of boatswain's mate, then combining the two—boatswain's mate second class (BM2)—defines both rank and rating in formal address or epistolary salutation. Thus, boatswain's mate second class (BM2) would be that sailor's rate. [1]
In the United States Navy, a rate is the military rank of an enlisted sailor, indicating where the sailor stands within the chain of command, and also defining one's pay grade. However, in the U.S. Navy, only officers carry the term rank, while it is proper to refer to an enlisted sailor's pay grade as rate.
The basic pay rate for both Academy and non-active duty ROTC cadets and midshipmen is $1,272.20, effective 1 January 2023, which is "the monthly rate equal to 35 percent of the basic pay of a commissioned officer in the pay grade O–1 with less than two years of service."
The amount of pay varies according to the member's rank, time in the military, location duty assignment, and by some special skills the member may have. Pay will be largely based on rank, which goes from E-1 to E-9 for enlisted members, O-1 to O-10 for commissioned officers and W-1 to W-5 for warrant officers.
Pay ranking does not include additional benefits such as medical, pension, living expenses and bonuses (for example, hazard pay, hardship allowance, field allowance, etc.) [citation needed] Overall, Australia’s military personnel are paid the highest salaries, based on the fact that their Private and Corporal pay scale goes up to 10 Pay ...
Just out of college, chemical engineers can command $79,000 salaries—a median figure that leaps to $133,000 within 15 years of graduation, the highest of any major.
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.
While the Ethics Reform Act of 1989 established an automatic annual adjustment to congressional salaries based on the Employment Cost Index, Congress has voted not to allow scheduled pay raises to ...