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- A wage-grade pay scale is a pay-setting system covering federal employees paid by the hour12. It is also known as the federal wage system or prevailing rate system1. The system ensures that federal trade, craft, and laboring employees in a local wage area who do the same kind of work get the same rate of pay12. The system is structured and preset, and it does not involve salary negotiation3. Private employers also use salary structures with grades to define the ranges of pay available to employees in each grade/range4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The federal wage system — sometimes called the wage grade or prevailing rate system — is a pay-setting system covering federal employees paid by the hour. The aim is to make sure that federal trade, craft, and laboring employees in a local wage area who do the same kind of work get the same rate of pay.www.fedweek.com/ask/federal-pay/wage-system/The Federal Wage System (FWS) is a uniform pay-setting system that covers blue-collar employees who are paid by the hour and classified as Wage Grade (WG) employees. The system ensures that Federal trade, craft, and laboring employees within a local wage area who perform the same duties receive the same rate of pay.www.federalpay.org/articles/blue-collar-governmen…Grade pay is the exact monetary compensation a person earns at a job that uses a pay grade system. This type of payment system is structured and preset, and it does not involve salary negotiation.www.indeed.com/career-advice/pay-salary/what-is …Private employers use salary structures with grades (including minimums, midpoints and maximums) to define the ranges of pay available to employees in each grade/range.www.paisabazaar.com/salary/pay-scale/
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