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The General Schedule ( GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS.
For example, federal employees paid on the General Schedule may not earn more than the rate for Level IV of the Executive Schedule, after factoring in GS special rates and locality pay. Because of these pay caps and freezes to the Executive Schedule, federal workers at the top of their pay bands are often unable to receive pay increases ...
Pay grades are divided into three groups: [1] enlisted (E), warrant officer (W), and officer (O). Enlisted pay grades begin at E-1 and end at E-9; warrant officer pay grades originate at W-1 and terminate at W-5; and officer pay grades start at O-1 and finish at O-10. [a] Not all of the uniformed services use all of the grades; for example, the ...
Senior Executive Service. 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.
The Federal Wage System ( FWS) in the United States was developed to make the pay of federal blue-collar workers comparable to prevailing private sector rates in each local wage area. The FWS is a partnership worked out between the Office of Personnel Management (OPM), other Federal agencies, and labor organizations. [1]
Instead, pay adjustments are based on a member's individual performance and/or contribution to the agency's performance. As amended under 5 U.S.C. 5376, Executive Order 12293 prescribes three SFS salary classes linked to the Executive Schedule, ranging from 120 percent of the pay rate for a GS-15, step 1 to the pay rate for ES-II:
In response, the FOMC initiated a series of rate drops, decreasing the federal funds rate from 8.25% to 8% in July 1990 to 3% by September 1992. Here’s what those drops looked like: Date
The federal minimum wage was introduced in 1938 at the rate of 25¢ per hour (equivalent to $5.19 in 2022). By 1950 the minimum wage had risen to 75¢ per hour. The purchasing power of the federal minimum wage has fluctuated; it was highest in February 1968, when it was $1.60 per hour.