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SEC Compensation Program

How the SEC Sets Salaries

The SEC’s pay-setting practices are structured to ensure consistency and objectivity by using tools termed “pay matrices.”  Specifically, use of the pay matrices ensures that a new employee’s pay is set commensurate with the experience – both “relevant” and ”specialized” -- that he or she brings to the position:

  • Relevant experience includes experience not directly related to the duties of the position but which nonetheless prepares the candidate for success in the position.
  • Specialized experience includes technical experience directly related to the duties of the position to be filled.

Information Used by Office of Human Resources Staff to Set Pay :

The resume a job candidate submits when applying for an SEC position is used by Office of Human Resources (OHR) Compensation Team to identify creditable relevant and/or specialized experience. The SEC encourages job candidates to provide the following information to ensure that compensation is set accurately:

  • Complete work history (e.g., not just the most recent 10 or 15 years)
  • Job titles
  • Duties for each job (be specific in describing the duties)
  • Start and end dates for each job, including month and year
  • Full-time or part-time status (include hours worked per week)

Base Pay Ranges

The base pay ranges for the different levels of SK series employees are as follows:

2019 Base Pay
Effective 04/14/19
SK Employees

 

 Grade

Min

Max

1

$21,612

$30,723

2

$24,302

$34,546

3

$26,514

$37,690

4

$29,762

$42,302

5

$33,302

$49,452

6

$37,120

$55,120

7

$41,251

$62,154

8

$45,680

$68,832

9

$50,457

$77,141

10

$55,567

$84,952

11

$61,051

$100,398

12

$73,168

$120,336

13

$87,012

$143,093

14

$99,911

$164,304

15

$105,910

$177,450

16

$114,100

$188,094

17

$120,946

$203,142

SEC Locality Pay

The locality rates presented below are applied to an employee’s base pay based on his/her duty location.

Locality

Current Rate

Atlanta

21.64%

Boston

29.27%

Chicago

28.05%

Denver

26.30%

Fort Worth

24.21%

Los Angeles

31.47%

Miami

23.12%

New York

33.06%

Philadelphia

25.30%

Salt Lake City

15.67%

San Francisco

40.35%

Washington D.C.

29.32%

Updated April 2019

*The salary cap, including locality pay, is $246,900 for all SK staff.

All locations use minimum and maximum/cap

The base pay ranges for the different levels of Senior Officer positions are as follows:

Senior Officer Pay Chart

 Effective Date: 04/14/19

 Pay Structure (No Locality)

SO Level

2019
Minimum

2019
Maximum/Cap

Level 1

$190,564

$252,605

Level 2

$190,564

$257,686

Level 3

$190,564

$257,686

 SO 2019 Pay Caps (No Locality)

 Level 1

$252,605

 Level 2 & 3

$257,686

*All locations use minimum and maximum/cap.

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