GS-1 Pay Formula:
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GS-1 Pay refers to the compensation structure for General Schedule grade 1 employees in the federal government. It consists of a base pay plus potential step increments based on experience and performance.
The calculator uses the GS-1 pay formula:
Where:
Explanation: The equation accounts for the basic pay scale plus any additional step increases the employee may have earned.
Details: Accurate pay calculation is crucial for budgeting, salary negotiations, and understanding compensation packages for federal employees.
Tips: Enter the GS-1 base pay and step increment in USD. Both values must be positive numbers.
Q1: What is the current GS-1 base pay?
A: The base pay varies by location and is adjusted annually. Check the OPM pay tables for current rates.
Q2: How many steps are in the GS pay scale?
A: There are typically 10 steps within each GS grade, with step increases occurring periodically.
Q3: When do step increases occur?
A: Step increases generally occur at 1, 2, and 3 year intervals depending on the step level.
Q4: Are there locality adjustments?
A: Yes, most locations have a locality pay adjustment that increases the base GS pay.
Q5: Can this calculator be used for other GS grades?
A: No, this calculator is specific to GS-1. Other grades have different base pay scales.