Question: What Does Pay Scale And Grade Mean?

What is the highest grade level in civil service?

Senior Civil ServiceGrades 6 and 7 civil servants tend to be experienced officials with significant policy responsibilities.

Senior Civil Service (SCS) is the most senior grade of the civil service made up of the senior management team..

What do GS 12 make?

GS-12 government employees will receive a base salary of between $66,167.00 and $86,021.00, depending on their General Schedule Step.

Is it good to have high basic salary?

A higher basic would mean a higher HRA, DA and provident fund contributions. The DA is taxable and the PF contributions are tax-free but will reduce your take-home salary. On the other hand, reducing basic pay will mean a lower contribution towards retiral benefits, which may not be good in the long run.

How much does a gs15 make?

Starting salary for a GS-15 employee is $109,366.00 per year at Step 1, with a maximum possible base pay of $142,180.00 per year at Step 10. The hourly base pay of a Step 1 GS-15 employee is $52.40 per hour1. The table on this page shows the base pay rates for a GS-15 employee.

What is the salary of 4800 grade pay?

7th pay commission pay matrixGrade Pay18004800Entry Pay (EP)700018150Level00010008Index0002.570002.620001180004760029 more rows•Jun 29, 2016

What is the salary of 4200 grade pay?

46000-53500 per monthSalary in Pay Band- 2 (9300-34800) Grade Pay 4200: Gross Salary: 46000-53500 per month.

What is the lowest pay grade?

GS-1The General Schedule (GS) is the predominant pay scale for federal employees, especially employees in professional, technical, administrative or clerical positions. The system consists of 15 grades, from GS-1, the lowest level, to GS-15, the highest level. There are also 10 steps within each grade.

Is GS 9 entry level?

Education Req’s The GS-9 pay grade is generally held by white-collar employees in mid-level positions. GS-9 is the starting grade for most employees directly out of school who have a Master’s Degree or several years of experience in their field.

How many steps are in wage grade?

10 stepEach grade has 10 step rates (steps 1-10) that are each worth approximately 3 percent of the employee’s salary.

What is the difference between a GS and a WG employee?

Meanwhile, because WG employees derive pay adjustments from the separate Federal Wage System Wage Area, which are often smaller in size than GS locality boundaries, blue-collar employees receive a far inferior rate of pay as compared to GS employees at the same installation.

What is level 10 salary?

Pay Matrix Table for Central Government Employees – level 10 to 12 (PB III ,5400 to 7600)7th CPC PAY MATRIX – PAY BAND – IIIPay Band15600-39100971100998001073200102800117540010590041 more rows

What do you mean by term salary on the basis of salary grade?

Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.

How do I calculate my pay grade?

The Main Question is What is Pay Scale? How to Calculate Pay Scale?Basic Pay. Grade Pay. … It means your salary will be calculated as. (Basic + grade pay)+DA+HRA+MA.Presently, DA is around 110%, HRA may vary from 10% to 30% and MA can vary widely. Here I’m assuming DA=110% HRA=20% MA=40%Gross monthly salary.

What is a pay grade 3?

GS-3 is the 3rd paygrade in the General Schedule (GS) payscale, the payscale used to determine the salaries of most civilian government employees. … Starting salary for a GS-3 employee is $22,727.00 per year at Step 1, with a maximum possible base pay of $29,547.00 per year at Step 10.

What is the difference between GS and WG pay?

Remember, WG pay is based on the local area’s pay for similar work, so a WG -10 in Arkansas will be making less than a WG-10 in Hawaii. For GS, the base is listed on the chart and then locality pay kicks in based on cost-of-living which ranges from zero to 30% or more. You need to get the local area pay chart.

How do I calculate my basis salary?

Basic Salary – DefinitionAnnual Basic = Monthly Basic X 12. Formula To Calculate Basic Salary. … Gross Pay = Basic + DA + HRA + Conveyance + Medical + Other. Hence, to calculate your basic from the gross pay you need to do the reverse calculation. … Basic = Gross Pay – DA – HRA – Conveyance – Medical – Other. … Basic = Gross Pay X Percentage.

Is base salary net or gross?

Gross income is the amount earned based on your base salary and additional financial bonuses. Net income is the amount left once relevant deductions have been made (such as tax and health insurance).

What is the benefit of using pay ranges for each pay grade?

This still leaves some positions without a market comparable position. The advantage of having grades and pay ranges associated with grades is that the organization can slot the position into an appropriate pay range based on its alignment with comparable jobs within the organization.

How does grade pay increase?

Grade Pay. Along with the basic pay, government employees receive grade pay, which depends on the class or category of the employee. As you move higher in the rank or class of the department, grade pay also tends to increase along with basic pay.

What does a pay grade mean?

A pay grade is a step within a compensation system that defines the amount of pay an employee will receive. … Pay grades take the place of salary negotiation, particularly in public sector employment where fairness trumps contribution. Pay grades are also typical of union-represented positions.

What is a WS pay grade?

Wage grade (WG) is the term used to describe non-supervisory Federal Wage System (FWS) employees. Wage supervisors (WS) are supervisory FWS employees.