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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 .
If the agency does not have a certified system, the maximum pay is set at Level III of the Executive Schedule ($204,000 for 2024). [6] Total aggregate pay is limited to the salary of the Vice President of the United States ($284,600 for 2024). [6] Prior to 2004, the SES used a six-level system.
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.
The level of STI relative to basic salary is typically a function of seniority eg. a junior executive may have an STI that is capped at 10% of basic salary whereas for a senior executive, it may rise to 50% or more.
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.
The Senior Foreign Service (SFS) comprises the top four ranks of the United States Foreign Service.These ranks were created by the Foreign Service Act of 1980 and Executive Order 12293 in order to provide the Foreign Service with senior grades equivalent to general and flag ranks in the military and naval establishments, respectively, and to grades in the Senior Executive Service.
In the United States, the rank of deputy assistant secretary denotes a Senior Executive Service (SES) official within the U.S. federal government who reports to an assistant secretary. [1] Career deputy assistant secretaries are generally appointed by the secretary who heads the department.
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]