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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.
A person must make a minimum of $8,333.33 monthly to have a six-figure salary. Calculate this amount by taking the annual salary and dividing it by 12 months.
Airline Pilot. Median salary: $148,900 Job growth through 2032: 4% Pilots cannot exceed 1,400 hours of flight time in a calendar year. (A worker with a typical 9-to-5 job with two weeks ...
Most money-making jobs pay hourly or salary, but some come with added gratuity. ... Anything above this amount would be considered a good salary. Pay data is accurate as of April 17, 2024, and was ...
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.
Those jobs and those of similar levels of responsibility might all be included in a named or numbered pay band that prescribed a range of pay, (e.g. Band 1 = $10–17 per hour). The next level/classification of a group of similar jobs would include increased responsibility, and thus a higher pay band (e.g. Band 2 = $13–21 per hour).