Showing 2 ideas for tag "gs pay scale"
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Department of Defense

Contractor Labor Rates

Currently per Federal Acquisition Regulation (FAR) 31.205-6(p)(1) there is a limitation on allowability of compensation for certain contractor personnel.

Specifically: Costs incurred after January 1, 1998, for compensation of a senior executive in excess of the benchmark compensation amount determined applicable for the contractor fiscal year by the Administrator, Office of Federal Procurement Policy (OFPP), under Section... more »

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Department of Defense

Require GS pay for federal contractors

All contractors, whether production, services, R&D or otherwise, that charge to a federal contract should be earning no more than an equivalent GS employee. For example, when I was a brand new GS-13 earning $81K/yr, including all locality pay, my job was to negotiate federal contracts with a person, with the same qualifications, at a large contractor who earned $250K/yr plus bonuses and stock options, as verified with... more »

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