The Future of Pay-for-Performance in the Federal Government
A decision needs to be made as to whether pay-for-performance for federal employees should be expanded or concluded.
Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.
A decision needs to be made as to whether pay-for-performance for federal employees should be expanded or concluded.
The Federal Employees Paid Parental Leave Act of 2009 was introduced in the House of Representatives on January 22nd. This is a copy of the bill.
Federal pay for performance systems have run into opposition and mixed reviews. This article considers awards, cost of administering the programs, inflated ratings, and distinguishing between the pay-banding aspects of pay for performance and the appraisal processes upon which they rely.
The drop in the value of your Thrift Savings Plan in 2008 may have you worried–especially if you are already retired. recent legislation allows investors to avoid taking the minimum required distribution in 2009. But to take advantage, you need to act sooner rather than later.
Some readers will be getting a four-day weekend in January. Other readers will get a three-day weekend. Here is how the holiday will work.
After five straight years of positive TSP fund performance, 2008 was a disappointment. While all of the funds were up in December, all but two of the funds lost money in 2008.
We know that the average federal employee will receive a raise of 3.9% in 2008 and federal retirees will get a COLA of as much as 5.8%. What about employees under NSPS? Many NSPS employees in the Washington, DC area will get a higher raise than those under the GS system.
The President has signed an Executive Order implementing the 2009 federal pay increase. Here is a chart that shows the amount of the pay increase by locality pay area.
Changes to the most popular health insurance plan for federal employees has raised concerns in Congress and led to an extension of the “open season” for enrolling in the FEHB for 2009. Changes have now been made to the 2009 plan that will benefit federal employees using this plan. Here is a summary of the changes.
President Bush has issued an Order giving federal employees an extra holiday this year: December 26, 2008.