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2010-12-07 Economy
$2.5 Billion in Pay Raises for Fed Employees Over Next 2 Years
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Posted by Anguper Hupomosing9418 2010-12-07 06:45|| || Front Page|| [1 views ]  Top

#1 And the downside is?

Signed,

A Coddled Federal Employee
Posted by AlmostAnonymous5839 2010-12-07 12:46||   2010-12-07 12:46|| Front Page Top

#2 Max Stier, president of the Partnership for Public Service, said he doesn't expect a pay freeze to cause retention problems.

BEHOLD the downside.
Posted by Besoeker 2010-12-07 13:09||   2010-12-07 13:09|| Front Page Top

#3 Max Stier, president of the Partnership for Public Service, said he doesn't expect a pay freeze to cause retention problems.

Given the current employment numbers? Just about everybody who has a job is holding on with both hands, public or private. They'd sit still for a 10% pay cut, so long as they could keep their jobs, just like the rest of us.
Posted by trailing wife 2010-12-07 13:14||   2010-12-07 13:14|| Front Page Top

#4 the tragedy of the $2.5B in performance awards is that most of the funds go to the senior executive service people who can most extensively and most comprehensively suck up to the political appointees.

notwithstanding this, IMO there are a lot of hard working lower paid GS 7-11s out there who deserve what they get
Posted by Lord Garth 2010-12-07 13:25||   2010-12-07 13:25|| Front Page Top

#5 Lord G, they may deserve what they get - but if one applies similar standards on deservedness, there are a whole lot of people in the private sector who deserve a good deal more than they get.
Posted by Glenmore 2010-12-07 13:43||   2010-12-07 13:43|| Front Page Top

#6 Glenmore

I agree. And in the private sector you will also see the ones who suck up to the CEO and the directors or who cook the numbers will get the biggest bonuses sometimes.

There are a lot of hard working people in AIG. They had one rogue operation which got huge bonuses but brought down the rest of the organization.
Posted by Lord Garth 2010-12-07 15:07||   2010-12-07 15:07|| Front Page Top

#7  the ones who suck up to the CEO and the directors or who cook the numbers will get the biggest bonuses sometimes usually
Posted by Glenmore 2010-12-07 19:08||   2010-12-07 19:08|| Front Page Top

00:05 Mikey Hunt
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