Hacker Read

88913527 · 2021-10-18 10:54:44

The wage limit for 2021 is $142,800 and it's increasing to $147,000 in 2022.

https://www.ssa.gov/oact/cola/cbb.html

mcbits | karma 2217 | avg karma 2.51 · | 2016-08-16 11:02:30+00:00

For reference, "median net compensation" appears to be just shy of $30,000 (if it's safe to extrapolate from 2014). https://www.ssa.gov/oact/cola/central.html

person_of_color | karma -2 | avg karma -0.0 · | 2021-01-09 02:49:45+00:00

Thats insane for wages.

aosmith | karma 415 | avg karma 1.15 · | 2023-03-07 00:48:15

GS pay scale is capped at ~$150k.

missedthecue | karma 7595 | avg karma 2.13 · | 2023-08-21 21:53:06

Annualized median earnings of those working full time wage or salary work is $57,200, as of July 2023

https://www.bls.gov/news.release/wkyeng.nr0.htm

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philip1209 | karma 11376 | avg karma 5.07 · | 2023-02-05 10:44:26

"The 2023 salary cap for all GS employees is $183,500 per year. You cannot be offered more than this under any circumstance."

https://join.tts.gsa.gov/compensation-and-benefits/

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Scoundreller | karma 16473 | avg karma 1.92 · | 2022-10-10 20:45:24

Caps are getting raised, at least at DHS:

> The CTMS [Cybersecurity Talent Management System] salary range has an upper limit of the vice president's salary ($255,800 in 2021), plus an extended range for use in limited circumstances, which has an upper limit of $332,100 in 2021.

https://www.zdnet.com/article/the-us-government-just-launche...

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cheez17 | karma 2 | avg karma 0.4 · | 2011-12-11 11:55:28

A proposal to tie the salary level of all Executive branch compensation to the median income of the American worker, currently roughly $40,000 a year, as determined by the BLS; as well as to merge all retirement plans with Social Security and all healthcare plans with Medicare/Medicaid.

reeses | karma 1473 | avg karma 1.73 · | 2011-11-18 07:54:06+00:00

They've almost always been on the same GS scale as almost every other federal employee. $141k seems high from what I remember, but the locality adjustment may top out around there.

web-cowboy | karma 29 | avg karma 3.62 · | 2018-10-18 21:10:11+00:00

It's a huge increase in pay when you consider how much lower the cost of living is.

dragonwriter | karma 118260 | avg karma 2.17 · | 2021-11-01 17:16:05

Median full-time worker weekly pay projected on an annual (52 week) basis for Q3 2021 is $52,156 (52 × $1,003).

8organicbits | karma 4795 | avg karma 3.0 · | 2023-03-08 01:51:12

I believe the current number is $183,500. https://www.federalpay.org/gs/locality/washington-dc

Although if that's still too low, check out DHS. They are finding ways of increasing salaries above that limit. (https://www.usajobs.gov/job/709656500)

    Senior Cybersecurity Specialist: $115,400 - $123,700
    Staff Cybersecurity Specialist: $140,400 - $150.200
    Principal Cybersecurity Specialist: $167,400 - $177,800
    Senior Principal Cybersecurity Specialist: $184,700 - $196,000

    In some geographic areas, average starting salaries will be higher because of a local cybersecurity labor market supplement (e.g., metro Washington, D.C. +10%).

If I'm parsing that correctly, $196k+10%=$215k as the cap.

aaaaaaaaaaab | karma 1822 | avg karma 1.69 · | 2022-06-17 12:03:32

* at their wage levels

eganist | karma 1 | avg karma 0.0 · | 2023-10-17 05:36:45

From the article:

---

Level 70:

    Base pay: $231,700 to $361,500
    On-hire stock awards: $310,000 default to $1.2 million with approval
    Annual stock award range: $0 to $945,000

Level 69:

    Base pay: $202,400 to $316,000
    On-hire stock awards: $235,000 default to $1.1 million with approval
    Annual stock award range: $0 to $750,000

Level 68:

    Base pay: $186,200 to $291,000
    On-hire stock awards: $177,000 default to $1 million with approval
    Annual stock award range: $0 to $490,600

Level 67:

    Base pay: $171,600 to $258,200
    On-hire stock awards: $168,000 default to $700,000 with approval
    Annual stock award range: $0 to $336,000

Level 66:

    Base pay: $157,300 to $236,300
    On-hire stock awards: $75,000 default to $600,000 with approval
    Annual stock award range: $0 to $160,000

Level 65:

    Base pay: $144,600 to $216,600
    On-hire stock awards: $36,000 default to $300,000 with approval
    Annual stock award range: $0 to $90,000

Level 64:

    Base pay: $125,000 to $187,700
    On-hire stock awards: $24,000 default to $250,000 with approval
    Annual stock award range: $0 to $60,000

Level 63:

    Base pay: $113,900 to $171,500
    On-hire stock awards: $17,000 default to $200,000 with approval
    Annual stock award range: $0 to $44,000

Level 62:

    Base pay: $103,700 to $156,400
    On-hire stock awards: $11,000 default to $125,000 with approval
    Annual stock award range: $0 to $32,000

Level 61:

    Base pay: $92,600 to $138,100
    On-hire stock awards: $6,500 default to $75,000 with approval
    Annual stock award range: $0 to $24,000

Level 60:

    Base pay: $83,500 to $125,000
    On-hire stock awards: $4,500 default to $50,000 with approval
    Annual stock award range: $0 to $16,000

Level 59:

    Base pay: $74,400 to $110,800
    On-hire stock awards: $3,000 default to $30,000 with approval
    Annual stock award range: $0 to $12,000

Level 58:

    Base pay: $70,300 to $92,600
    On-hire stock awards: $2,500 default to $20,000 with approval
    Annual stock award range: "By career stage"

Level 57:

    Base pay: $63,800 to $83,000
    On-hire stock awards: $1,500 default to $10,000 with approval
    Annual stock award range: "By career stage"

Level 56:

    Base pay: $60,700 to $77,900
    On-hire stock awards: $1,500 default to $10,000 with approval
    Annual stock award range: "By career stage"

Level 55:

    Base pay: $55,200 to $71,300
    On-hire stock awards: N/A
    Annual stock award range: "By career stage"

Level 54:

    Base pay: $51,600 to $67,000
    On-hire stock awards: N/A
    Annual stock award range: "By career stage"

Level 53:

    Base pay: $46,600 to $59,700
    On-hire stock awards: N/A
    Annual stock award range: "By career stage"

Level 52:

    Base pay: $42,500 to $54,600
    On-hire stock awards: N/A
    Annual stock award range: "By career stage"

crooked-v | karma 15490 | avg karma 3.69 · | 2021-08-31 01:34:34

Also, the pay scale completely maxes out at GS-15 step 10, with a base of $142,180 and a maximum CoL adjustment of 41.44% in places like San Francisco.

nojito | karma 3538 | avg karma 1.98 · | 2020-05-25 04:07:25+00:00

Federal salaries have cost of living adjustments.

swuecho | karma 474 | avg karma 2.59 · | 2015-08-04 23:04:51+00:00

when will there be a 'unlimited' salary?

tpxl | karma 2629 | avg karma 2.32 · | 2020-10-15 15:21:05

Average wage in most of the developed world is < 18K/year.

velosol | karma 204 | avg karma 1.09 · | 2019-05-31 21:35:53+00:00

If it was direct government employment did they clarify final salary? There's the 'salary' and then the locality increase [1] which is a base of around 15% and goes up to 28% for places like DC. 102k (1.28*80) is still not worth it especially without prior federal service as you have pension vesting etc to wait for before your benefits are worthwhile.

[1]: https://www.opm.gov/policy-data-oversight/pay-leave/salaries...

Fixed math.

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hollerith | karma 6663 | avg karma 1.52 · | 2015-01-28 02:57:52+00:00

A salary increase of $180K quarterly (== $720K annually)!