Other
SEC Compensation Program
How the SEC Sets Salaries
Starting salaries are determined based on an assessment of the selectee’s total experience (and education, as applicable). This includes both specialized experience (directly related to the duties of the job being filled) and relevant experience (not directly related to the duties of the position, but which prepared the candidate for success in the position). In determining a salary offer, the SEC applies structured “pay matrices” that define the amounts of experience needed for pay to be set at specific rates between the minimum and maximum pay range for the grade. The base pay ranges below reflect the candidate’s full range for a selected grade. However, a selectee's initial pay in most instances after being calculated, is determined to be lower than the maximum rate of the pay range based on their years of specialized experience, relevant experience and grade level.
Information Used by Office of Human Resources Staff to Set Pay
The résumé that a job candidate submits when applying for an SEC position is used by the Office of Human Resources (OHR) Compensation Team to identify creditable relevant and specialized experience. To ensure that your experience is accurately credited, it is essential that you submit a résumé that includes your complete work history and description of specific job duties, start and end dates for each position, and full and part time work done.
Base Pay Ranges
SK Employees
The base pay ranges for the different levels of SK series employees are as follows:
2022 Base Pay
|
||
|---|---|---|
| Grade | Minimum | Maximum |
| 1 | $22,087 | $32,346 |
| 2 | $24,837 | $36,372 |
| 3 | $27,097 | $39,682 |
| 4 | $30,417 | $44,538 |
| 5 | $34,035 | $52,066 |
| 6 | $37,937 | $58,033 |
| 7 | $42,159 | $65,440 |
| 8 | $46,685 | $72,471 |
| 9 | $51,567 | $81,219 |
| 10 | $56,789 | $89,443 |
| 11 | $62,394 | $105,705 |
| 12 | $74,778 | $126,697 |
| 13 | $88,926 | $150,658 |
| 14 | $102,109 | $172,990 |
| 15 (supv) | $108,240 | $186,831 |
| 16 | $116,610 | $198,038 |
| 17 (supv) | $123,607 | $213,881 |
Locality Pay
The locality rates presented below are applied to an employee’s basic pay based on the duty location.
| Duty Station | Locality Rate |
|---|---|
| Atlanta | 22.63% |
| Boston | 30.09% |
| Chicago | 29.18% |
| Denver | 28.10% |
| Fort Worth | 25.68% |
| Los Angeles | 33.61% |
| Miami | 23.80% |
| New York | 35.06% |
| Philadelphia | 26.95% |
| Salt Lake City | 16.20% |
| San Francisco | 42.74% |
| Washington, DC | 31.53% |
The salary cap, including locality pay, is $261,400 for all SK staff.
All locations use minimum and maximum/cap
Senior Officers
The pay ranges for the Senior Officer levels are as follows:
2022 Pay Structure (No Locality)
|
||
|---|---|---|
| SO Level | Minimum | 2022 Maximum/Cap |
| Level 1 | $190,564 | $275,867 |
| Level 2 | $190,564 | $281,416 |
| Level 3 | $190,564 | $281,416 |
All locations use minimum and maximum/cap.
Updated and finalized 5/3/2022