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OPM Leo Pay Scale 2024: A Comprehensive Guide
Understanding the pay scale for the Office of Personnel Management (OPM) is crucial for anyone considering a career in the federal government. The OPM Leo Pay Scale 2024 is a significant component of this understanding, as it outlines the salary ranges for various positions within the OPM. Let’s delve into the details of this pay scale, exploring its structure, factors influencing it, and how it compares to other federal pay scales.
What is the OPM Leo Pay Scale?
The OPM Leo Pay Scale is a system used by the Office of Personnel Management to determine the salaries of federal employees. It is based on the General Schedule (GS) pay system, which is the most common pay system for federal civilian employees. The scale is named after Leo T. Rowland, who was the first Director of the Office of Personnel Management.
Structure of the OPM Leo Pay Scale 2024
The OPM Leo Pay Scale 2024 consists of 15 grades, ranging from GS-1 to GS-15. Each grade is further divided into steps, with 10 steps per grade. The pay for each grade and step is determined by the President’s pay plan, which is adjusted annually based on the cost of living.
Here is a breakdown of the pay ranges for the OPM Leo Pay Scale 2024:
Grade | Step 1 | Step 2 | Step 3 | Step 4 | Step 5 | Step 6 | Step 7 | Step 8 | Step 9 | Step 10 |
---|---|---|---|---|---|---|---|---|---|---|
GS-1 | $18,643 | $19,311 | $19,979 | $20,647 | $21,315 | $21,983 | $22,651 | $23,319 | $23,987 | $24,655 |
GS-2 | $19,979 | $20,647 | $21,315 | $21,983 | $22,651 | $23,319 | $23,987 | $24,655 | $25,323 | $25,991 |
GS-3 | $21,315 | $21,983 | $22,651 | $23,319 | $23,987 | $24,655 | $25,323 | $25,991 | $26,659 | $27,327 |
Factors Influencing the OPM Leo Pay Scale
Several factors influence the OPM Leo Pay Scale, including:
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The President’s pay plan, which is adjusted annually based on the cost of living.
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Market pay comparisons, which ensure that federal salaries remain competitive with private sector salaries.
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Special pay adjustments, such as locality pay and overtime pay.
Comparison with Other Federal Pay Scales
When comparing the OPM Leo Pay Scale to other federal pay scales, it’s important to consider the following:
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The GS pay system is the most common pay system for federal civilian employees, so the OPM Leo Pay Scale is widely applicable.