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- A wage grade pay scale is a pay-setting system covering federal employees paid by the hour1. It is based on the local prevailing rate for the same kind of work1. A wage grade pay scale has multiple steps or levels, each of which has transparent requirements2. Pay grades are the exact monetary compensation a person earns at a job that uses this system2.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/Pay grades are 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. Pay grade systems have multiple steps or levels, each of which has transparent requirements.www.indeed.com/career-advice/pay-salary/what-is …
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