Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
How much does the average federal employee make? How about the average federal professional employee? Does anyone get promoted in government? Does anyone get awards and how much are the awards worth?
Security notice from the TSP regarding security of TSP accounts and personal investor responsibility.
Will the TSP repay investors who lost money when thieves withdrew money from their TSP accounts? If you are not one of the investors who lost money, do you even care?
Merit pay is rampant in the private sector. In the federal government, equal pay raises across the board are the norm although a report issued in 2006 shows that federal employees have not fared too badly. The systems are different and pay and the sources of job satisfaction are unlikely to ever match up.
President Bush has issued an executive order giving federal employees an average raise of 2.2% in 2007.
OPM is implementing the 2007 pay raise but no one really knows what the final figures will be.
The possibility of a 2.7% average raise for federal employees took a decidedly negative turn this week with the announcement that Congress will, in effect, keep the continuing resolution in effect for the remainder of the fiscal year.
The process of determining the 2007 pay raise amount is moving along slowly. But, while the process is moving, there is no final answer on the question of how much employees will be getting in their paychecks next year.
A change in the National Defense Authorization Act will allow some federal employees to make up to $212,000 a year. To get the higher salary, you will have to move.
Statistics about the average compensation for federal employees has left some readers perplexed, some outraged and some with more questions. Here is additional information (and a couple of cartoons) that may satisfy the intellectual quest for more information.
