The exchange rate of the pound sterling to the U.S. dollar varies, but between 2009 and 2013, the official exchange rate stayed somewhere in the region of 60-to-70 pence per U.S. dollar.
A general schedule is the pay scale for United States government employees --- consisting of 15 grades, ... you get step increases...ntering Government Service. When a person is hired by the federal government, the employee is assigned a pay grade within the job series, depending upon his or her knowledge, education and experience. For instance, an entry-level biologist with a bachelor's degree may enter federal service as a GS-5.
The hike will be made in steps, first from the current rate of $8.70 to $9.15 on Jan. 1, 2015. It will go up to $9.60 the following year and reach $10.10 in 2017. The move makes Connecticut the first state to match Democrats' proposal to raise the federal minimum wage to $10.10, a move President Obama supports.