Ads
related to: senior executive assistant salary range in alaskasalary.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
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 Senate .
At one time, there were also three GS "supergrades" (GS-16, GS-17 and GS-18); these were eliminated under the provisions of the Civil Service Reform Act of 1978 and replaced by the Senior Executive Service and the more recent Senior Level (non-supervisory) pay scale. Most positions in the competitive service are paid according to the GS.
[3] [4] Recent studies have indicated that executive compensation should be better aligned with social goals [5] (e.g. public health goals [6]). The rate of executive pay is an important part of corporate governance, and is often determined by a company's board of directors.
Within the last 30 years, executive compensation or pay has risen dramatically beyond what can be explained by changes in firm size, performance, and industry classification. [3] This has received a wide range of criticism leveled against it. [4] The top CEO's compensation increased by 940.3% from 1978 to 2018 in the US.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Presidential Rank Award of Distinguished Executive is the highest annual award for career SES members. Prior to 1999, Distinguished Executives received a lump-sum payment of $20,000. Congress raised the amount of the Distinguished Executive awards granted in 1999 to 35% of the executive's annual salary.