What does Grade 7 mean for a salary?

The GS-7 pay grade generally marks an entry-level position. GS-7 is usually the starting grade for scientist, engineers and other professions who are starting directly out of university or who otherwise have limited relevant experience. The hourly base pay of a Step 1 GS-7 employee is $16.61 per hour1.

How are salary grades calculated?

How to Establish Salary Ranges

1. Step 1: Determine the Organization’s Compensation Philosophy.
2. Step 2: Conduct a Job Analysis.
3. Step 3: Group into Job Families.
4. Step 4: Rank Positions Using a Job Evaluation Method.
5. Point method.
6. Ranking method.
7. Step 5: Conduct Market Research.
8. Step 6: Create Job Grades.

What exactly does salary grade mean?

Salary grades are a common method for documenting and communicating pay structure by organizations that prefer not to divulge actual employee salary information. A salary grade schedule typically is broken into three components: high, middle and low-end grades based on the candidates’ experience and qualifications.

What does salary grade 14 mean?

GS-14 is the 14th paygrade in the General Schedule (GS) payscale, the payscale used to determine the salaries of most civilian government employees. The GS-14 pay grade is generally reserved for top-level positions such as supervisors, high-level technical specialists, and top professionals holding advanced degrees.

What is Gs 12 Step 10 pay?

Starting salary for a GS-12 employee is $63,600.00 per year at Step 1, with a maximum possible base pay of $82,680.00 per year at Step 10.

What is Grade 10 salary?

GS-10 is the 10th paygrade in the General Schedule (GS) payscale , the payscale used to determine the salaries of most civilian government employees. The GS-10 pay grade is generally held by white-collar employees in mid-level positions. Starting salary for a GS-10 employee is $46,691.00 per year…