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  2. 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/
    Each grade has 10 step rates (steps 1-10) that are each worth approximately 3 percent of the employee’s salary. Within-grade step increases are based on an acceptable level of performance and longevity (waiting periods of 1 year at steps 1-3, 2 years at steps 4-6, and 3 years at steps 7-9).
    www.opm.gov/policy-data-oversight/pay-leave/pay …
     
  3. People also ask
    What does wage & salary do?Wage and Salary conducts annual wage surveys to collect wage data from the private sector to establish Federal Wage System (FWS) schedules, Special Pay schedules, and Payband schedules.
    wageandsalary.dcpas.osd.mil
    What is the highest paid wage grade?FWS-15 is the highest paid wage grade. Increases in grade typical increase your pay 5-10%. Step – Time in service is reflected in your step. In the FWS there are 5 steps with step 5 receiving the highest pay. The longer you work for the federal government the higher your step.
    Where can I find a federal wage schedule?You can visit the FWS wage schedules website or contact DOD directly at 571-372-1614. The Office of Personnel Management provides policy leadership and expertise on a variety of Governmentwide pay programs for Federal employees, including the General Schedule (GS), Law Enforcement Officer (LEO) Pay Schedules, and the Federal Wage System (FWS).
    What is a wage schedule?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. The common wage schedules consist of 15 grades, covering most nonsupervisory employees. Schedules for supervisors and leaders are based on the nonsupervisory schedules, but are separate from them.
     
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