The several advantages to the Engineering Cost Estimating method include: [2] 1  The estimatorâs ability to determine exactly what the estimate includes and whether anything was overlooked,  Its unique application to the specific program and manufacturer,
While there is no specific correspondence between the GS rate and each positionâs educational requirements, Bachelorâs degrees are usually required for GS-5 positions, and Masterâs degrees for GS-9. Base salary ranges for each grade are provided below, but increase based on location. For instance a GS-7 position pays $36,783 in Atlanta, while the same position pays $41,367 in San Francisco because of the difference in cost of living. GS Pay Scale Overview. The nearly 30 percent of the Federal workforce not covered under the General Scale are either paid hourly (10 percent), or operate under the separate systems of the U.S. Postal Service, the Foreign Service, the Veterans Health Administration, and Senior Executives.
Federal Pay. The General Schedules (GS) is the Federal governmentâs main pay system and is composed of 15 grades (GS1 to GS15), or salary levels. Each grade includes ten steps through which employees advance based on satisfactory job performance and length of service. Locality pay is based on surveys done by the Bureau of Labor Statistics.