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What is the effect of the executive ceiling upon the pay raises?

April 26, 2017ceiling executive pay raises

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What is the effect of the executive ceiling upon the pay raises?

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Pay is still capped for some individuals by law to certain executive pay levels. The cap for basic pay for O-7 to O-10 is limited to Level II of the Executive Schedule. Basic pay for O-6 and below is limited to Level V of the Executive Schedule.