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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.
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
To find out the inherent value of a job title, GOBankingRates spoke to career experts to get their takes. Here’s what they had to say. A Higher Job Title Can Be More Valuable Than Higher Pay
A majority of CFOs plan to spend more on average compensation this year, according to a 2024 survey from Gartner. Of those who plan to give pay raises, 13% say they’ll increase average ...
However, it’s still possible to make a living without going to college, especially if you can score one of these easy jobs that don’t require a college degree. 16. Makeup Artist. Median annual ...
In fact, a higher salary is why over half of people take new jobs. However, getting a new job isn’t an easy feat when hiring is apparently slowing down. The BLS reports that, as of March, an ...
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